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Corporate Venturing: How Much Autonomy Will Maximize Impact?

Corporate Venturing: How Much Autonomy Will Maximize Impact?

By • on February 23, 2019

The IESE Insight website  website reported on a new study on how companies can best maximize the impact from corporate venturing. Chief innovation officers know that corporate venturing — the collaboration between established firms and innovative startups — can yield strong results. Its implementation, however — especially finding

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Innovation Management

Innovation Management

By • on February 21, 2019

A new book, “The Routledge Companion to Innovation Management,” has a chapter on Open Innovation, “A conceptual comparison of open innovation and several similar innovation models”. The chapter discusses collaborative innovation, network-based crowdsourcing, the modes of open

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Future Foods Accelerating Impactful Innovations

Future Foods Accelerating Impactful Innovations

By • on February 19, 2019

The Food Navigator website noted that Future Foods is an ecosystem that aims to make food innovation a key tool to tackle the great challenges of the future: affordable nutrition, world hunger, and sustainability. It promotes education through the Future Food Institute Trust and supports open innovation

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Managing for Ambiguity

Managing for Ambiguity

By • on February 18, 2019

The Stanford Social Innovation Review website noted that a recent evolution in in innovation—from a closed model to a more open one—is in the process of becoming more ecosystem-centric. Of note is the trend away from the maximization of corporate value and toward maximization of social value.  Current

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6 Ways to Reinvent Your  Business Model

6 Ways to Reinvent Your Business Model

By • on February 15, 2019

The Irish Tech News website noted that in 2019, technology has evolved so much that it’s very much a case of adapt or die for all businesses. If you feel as though yours has fallen by the wayside recently and has failed to keep up with changing markets and consumer tastes, it might be time for a reinvention

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Bank Leumi on Creatively Solving Problems in a New Way

Bank Leumi on Creatively Solving Problems in a New Way

By • on February 14, 2019

The  Jerusalem Post quoted a spokesperson for Bank Leumi who noted that “innovation is a very broad area; innovation in the financial industry stems from both ‘internal innovation’ and ‘open innovation.’ Internal innovation involves changing the banking culture from within and empowering

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Developing New Open Business Models

Developing New Open Business Models

By • on February 11, 2019

The Sage Publication website reported on a study which noted that companies can create value by effectively applying and managing open business models. The study used examples from Unilever to show how a firm can combine and integrate its assets, capabilities and skills with those of its partners to

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Embracing Digital Disruption

Embracing Digital Disruption

By • on February 9, 2019

The Auto Components website noted that open innovation as a concept is not new, but it is rarely prevalent in the automotive industry. With open innovation, problems and challenges of certain kind get opened up to an army of experts from across the globe resulting in multiple solution options that the

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Using Technology, Innovation to Solve Climate Change

Using Technology, Innovation to Solve Climate Change

By • on February 6, 2019

The website The Hill noted that open innovation — prizes and challenges — is one method to build  incentives to tackle the problem of climate change. Open innovation’s breakthrough effect can galvanize others to enter into a space or jumpstart the flow of private capital by serving as a

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Open Innovation Maturity Framework

Open Innovation Maturity Framework

By • on February 5, 2019

The Information Age website reported that the Open Innovation Maturity Framework, developed by researchers and published in the International Journal of Innovation Management, offers another option for formally improving performance and innovation, and moving beyond a compliance-based mindset. This

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