An Open Innovation Model: Six Projects in the Maritime Field

The ERCIM News website posted an article which noted that one of the largest shipbuilders in the world, Fincantieri, together with Italy’s largest research institution, the National Research Council (CNR), successfully applied an open innovation model to six projects in the maritime sector. The external knowledge of the CNR provided fuel to Fincantieri‘s business model, enabling research and development to be converted into commercial value. An open innovation model is a paradigm under which companies develop competency networks that link suppliers, universities, and research centers to cooperate in solving complex problems. Fincantieri together with researchers from CNR have adopted a “coupled innovation process”, a variant of the open innovation model, simultaneously applying it to six different projects. Each project addresses a different technological issue within the maritime sector.

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