Global Challenge Announces Final Awards
The BusinessWire website reported that the Tech for Integrity Challenge (T4I), a landmark effort to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond, announced final awards. The awards are the culmination of a global open innovation
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Citi Launches Tech for Integrity Challenge
The Finextra website reported that the investment bank Citi has launched the Citi Tech for Integrity Challenge (T4I), a major effort to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and
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Asian Firms Must Embrace Open Innovation to Remain Competative
The ZDNet website reported that the key message delegates took away from the Red Hat Summit held recently in San Francisco was that businesses in Asia should embrace the “open source way of innovating” to gain agility and speed, and ensure they are delivering services that their customers
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Turning Your Innovative Ideas Into Business
The MalayMailOnline website noted that Steve Blank said when he elaborates the difference between Business Plan and Business Models, “no business plan survives first contact with the customer.” While business planning is about making assumptions and hypotheses, a business model is designing and
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How To Reinvent Your Business Model
The Forbes website posted an article which stresses the importance of reinventing your business model. The article quotes Alex Osterwalder: “Every organization has a business model, but it’s relatively new that people need to make it explicit. It used to be that in one industry, you’d have
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The Economics Of Open Source
An article on the Tech Crunch website reported that the success of technology companies using open source, and the apparent failure of open source is a head scratcher. Yet both are true, but not for the reasons some would have you believe. The success or failure of open source is not the software
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4 Ways Open Innovation Can Drive Your Business
An article on the Forbes Magazine site reported that ever since General Electric built the first industrial lab in 1900, research and development has been a highly secretive affair. However, amidst the cloak and dagger scene a new open innovation trend has begun to take hold. The turning point was
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Talking #Open Innovation with Prof. Henry Chesbrough
The IntelligentHQ website posted an interview with Henry Chesbrough. Chesbrough has written extensively on the topic of open innovation, a term that he coined in his award-winning book Open Innovation: The New Imperative for Creating and Profiting from Technology . More recently, Chesbrough has turned
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Does Your Business Model Need a Makeover?
The Open Forum website posted an article which notes that when it comes to launching a company, it’s important to realize when the business model isn’t working for you. It’s equally as important to understand when it’s time to move on or whether you should change the way you’ve been conducting
Innovation Isn’t About New Products, It’s About Changing Behavior
The fastcompany website posted an article which argues that we are at the tail end of an era that has focused almost entirely on the innovation of products and services, and we are at the beginning of a new era that focuses on the innovation of what may be called “behavioral business models.”