Is Open Innovation Key for the Future of Connected Vehicles?

Is Open Innovation Key for the Future of Connected Vehicles?

By • on January 30, 2020

In an article on innovation in the auto industry, the TechHQ website noted that navigating the maze of technological complexity will require carmakers to look to a more joined-up approach, not just in terms of the software they are building, but in the industry they are operating in. The path to an end-to-end platform will not be easy, but it will be

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Hyundai Expands Its Global Base for Open Innovation

Hyundai Expands Its Global Base for Open Innovation

By • on June 7, 2019

The Yahoo Finance website reported that Hyundai is launching  an open innovation center named M. Cube in Shenzhen, China, a mecca for Chinese start-ups. The open innovation center aims to discover and invest in global start-ups that have new, future-car technologies. M. Cube will be tasked with discovering

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Honda Embraces Open Innovation

Honda Embraces Open Innovation

By • on May 21, 2017

The Nikkei Asian Review reported that the proudly self-sufficient Honda Motors is now reaching out to partners in artificial intelligence and autonomous driving to keep up as new technology alters the nature of cars. The conventional wisdom in the auto industry is undergoing big changes. Technology is

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An Alliance Portfolio for Innovation in the Auto Industry

An Alliance Portfolio for Innovation in the Auto Industry

By • on December 7, 2016

A study in the Journal of Open Innovation concluded that companies promoting innovation must preferentially adopt an open innovation strategy. In particular, companies should maintain a long-term cooperative partnership with a clear goal of technology acquisition, reduce alliance portfolio management

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Open Innovation in the Electric Vehicle Marketplace

Open Innovation in the Electric Vehicle Marketplace

By • on September 16, 2012

An article on the Rocky Mountain Institute website notes that alone, automakers can only do so much to alleviate customer uncertainty—and can do even less to overcome the cultural and systemic challenges that electric vehicless face. However, through collaboration with governments, utilities, financiers,

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