Four Pillars of a Startup Ecosystem—Enterprise Singapore
The Singapore Business Review reported that one of the pillars of the Enterprise Singapore Group (ESG) is innovation. ESG focuses on open innovation challenges through the Open Innovation Network. Over 350 challenge statements have been worked on in partnership with ESG, with 177 being matched. National Innovation Challenges are also in place to solve
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The Temenos Exchange: Enhanced Open Marketplace for Fintech Solutions
The Market Screener website reported that Temenos, the banking software company, has announced Temenos Exchange, a new Fintech marketplace to bring open banking innovation to market faster, and at scale. This comes as the banking industry moves towards open innovation and platforms and trends such as
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From Open Science to Open Innovation: The ATTRACT Project
The Open Access Government website noted that a few years ago a consortium composed of major European research institutions (CERN, EMBL, ESO, ESRF, E-XFEL, ILL, EIRMA (the European Industrial Research Management Association) and two Universities particularly engaged in innovation (ESADE and AALTO) was
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Shanghai Encourages Foreign R&D Centers
According to the China Briefing website, Shanghai has a big lead in attracting foreign R&D centers compared to other Chinese cities. 763 regional headquarters of multinational corporations have been set up in Shanghai, as well as 477 foreign R&D centers, one-third of which were set up by Fortune
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Breakthrough Fuel Reducing Fuel Costs Through O.I.
The Freight Waves website reported that Breakthrough Fuel is providing a way to effectively manage energy and reduce costs – with both the consumption and emissions associated with freight movement. The company now adopts an open innovation process which includes co-innovation initiatives with
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Bridging the Innovation Gap
The ZDNet website noted that Europe trails behind the US in productivity, which is why work is under way to put collaborative research at the heart of European innovation. European Innovation Commissioner Carlos Moedas identified research and innovation as key to solving this problem, listing the top
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Making Open Innovation a Success
The Tech World website noted that while the term “Open Innovation” has been evangelized since first being coined in 2003 by Henry Chesbrough, it’s particularly relevant today. The increase in computing power, access to cloud infrastructure, open sourced code and platforms, coupled with other technology
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ESADE, CERN and Aalto University Spearheading Effort to “Co-innovate”
The Science Business website reported that with the aim of creating next-generation detector and imaging technologies and to spark a new wave of young entrepreneurs, CERN, ESADE and Aalto University are leading a new, pan-EU initiative to accelerate the development of these technologies – through
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Four Innovation Methodologies
An article on the Innovation Excellence website outlined and described four evolving innovation methodologies. Closed innovation–R&D departments work in strict isolation to develop new products and new processes with the objective of developing a competitive advantage. Collaborative innovation–companies
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