Philip Morris Pakistan Launches Open Innovation Program
The 24/7 website reported that Philip Morris (Pakistan) Limited (PMPKL), in collaboration with National Incubation Center Karachi (NICK) has launched an open innovation program through the Innovation Lab platform. The focus of the Program is to facilitate innovative startup founders & entrepreneurs to collaborate with PMPKL to build tech-based solutions
Comments Off on Philip Morris Pakistan Launches Open Innovation Program • Read this story »
More Articles
Stakeholder-Driven Conceptualization of Open Innovation Approaches in the SYNERGY Project
A new book Sustainable Design and Manufacturing 2020 has a chapter on open innovation which notes that since the late 90s, the way companies acquire novel ideas and bring resulting products to the market is in a paradigm shift moving towards open innovation concepts and making use of crowd-based approaches.
Comments Off on Stakeholder-Driven Conceptualization of Open Innovation Approaches in the SYNERGY Project • Read this story »
7 Principles of Complete Co-creation
The YourStory website noted that traditional top-down business models based on knowledge dominance and mass-market approaches are under pressure from more open, collaborative models that directly and continuously involve customers. In a fast-moving global economy where customers are more digitally connected,
Comments Off on 7 Principles of Complete Co-creation • Read this story »
Business Strategy and The Innovation Sandbox
The Forbes website noted that today, companies are increasingly pushing the boundaries of innovation both inside and outside their organizations. They are breaking down traditional silos and tapping a much wider ecosystem for new ideas, insights, talent and technology. An Innovation Benchmark study found
Comments Off on Business Strategy and The Innovation Sandbox • Read this story »
Corporate Innovation & Business Strategies Out of Sync
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
Comments Off on Corporate Innovation & Business Strategies Out of Sync • Read this story »
Let Ideas Float Up and Down the Hierarchy
The Korea Times website noted that stunted growth in large corporations is often a consequence of its hierarchical system. Even when great ideas come up from the lowest of the hierarchical ladder, it is rarely delivered to the very top. Letting ideas flow freely within an organization ― the open innovation
Comments Off on Let Ideas Float Up and Down the Hierarchy • Read this story »