Closed Against Open Innovation: A Comparison Between Apple and Xiaomi

Closed Against Open Innovation: A Comparison Between Apple and Xiaomi

By • on May 28, 2020

The Springer website posted an analysis which studied trends and tendencies relative to Apple and Xiaomi, two completely different companies with completely different approaches. Apple uses an incremental innovation sales strategy, based on the billions of euros used in secret research and development. On the other hand, Xiaomi performs open innovation,

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Monetize or Die

Monetize or Die

By • on February 1, 2019

The RTInsights website noted that in a fast-moving world of open innovation, there is no reason to limit your overall inventive abilities to be proportional to the size of your teams. Building a gateway channel to a smartly envisioned “open platform” approach with Software Development Kits (SDKs)

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Corporate Innovation & Business Strategies Out of Sync

Corporate Innovation & Business Strategies Out of Sync

By • on July 5, 2017

The Consultancy website reported that a new study has found that business strategy and innovation strategy are often not aligned, creating risks of lost revenue, market position and waste. The report highlights a wide range of effort may be required to create a company friendly to innovation. Open innovation

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Twelve Principles for Open Innovation 2.0

Twelve Principles for Open Innovation 2.0

By • on June 5, 2016

The Nature website, an international weekly journal of science, noted that a new mode of innovation is emerging that blurs the lines between universities, industry, governments and communities. It exploits disruptive technologies to solve societal challenges sustainably and profitably, and more quickly

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Dynamics from Open Innovation to Evolutionary Change

Dynamics from Open Innovation to Evolutionary Change

By • on May 24, 2016

The Journal of Open Innovation published a study which the authors summarized as follows: “We created conceptual models that people may use to analyze and forecast the dynamic effects of open innovation, which we applied to the smartphone sector using a model-based analysis approach. In addition,

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Could Open Innovation Make Your Ambitions Take Flight?

Could Open Innovation Make Your Ambitions Take Flight?

By • on April 21, 2016

The TechCityNews website reported that open approaches to innovation have a long track record of success. Open challenges have been used to achieve ambitions as diverse as preserving food, the first non-stop flight from New York to Paris, and cleaning up the Exxon Valdez oil spill. Often the solution

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An Open Apple?

An Open Apple?

By • on September 15, 2015

The Knowledge@Wharton website noted that Apple is known for being quite closed in its innovation activities, but here in the TV space they are enabling third party app developers to deliver content directly to consumers, bypassing the cable and satellite providers (who are completely closed in this area).

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Fighting for Innovation Attention

Fighting for Innovation Attention

By • on August 20, 2015

The Innovation Excellence website reported that Apple, Lego, Philips, Samsung, IBM, GSK and, recently, Tata Steel, among many others – all have adopted open innovation initiatives to expand their organizations’ horizons. Open innovation allows you to break down more traditional corporate walls and

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4 Ways Open Innovation Can Drive Your Business Forward

4 Ways Open Innovation Can Drive Your Business Forward

By • on August 6, 2014

The DigitalTonto website noted that Ever since GE built the first industrial lab in 1900, research and development has been a highly secretive affair.  Security protocols have been regarded almost as important as scientific ones.  Industrial espionage has been pursued as zealously as the political

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Disrupting Your Business Model

Disrupting Your Business Model

By • on April 15, 2014

The RTOHQ website notes that in general there are three options for a disruptive and visionary game changer: First, develop your own disruptive business model. Second option, you develop further the existing business model in the current industry or in adjacent industries and categories. Third option,

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