The Practice of Open Innovation by SMEs in the Food Industry

The Practice of Open Innovation by SMEs in the Food Industry

By • on August 21, 2020

The Journal of Innovation Management published a study which examines the practice of open innovation by Small and Medium-sized Enterprises (SMEs) in the food industry. The results of the analysis show that food SMEs practice open innovation mostly through inbound open innovation activities rather than outbound, mainly due to lack of sufficient resources.

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Igniting Innovation

Igniting Innovation

By • on October 15, 2019

The Asian Scientist reported that Health Food Matters, a Singapore-based food company, churns out wholesome meals, food products and beverages that provide much-needed nutrition to support a strong, healthy and happy lifestyle for those with special dietary requirements. Health Food Matters places a

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Fazer Seeks to Build Innovation Ecosystem

Fazer Seeks to Build Innovation Ecosystem

By • on August 9, 2017

The FoodIngrediantsFirst website reported that Fazer, a large Finnish food industry company, is working to build an innovation ecosystem in the food industry. “A more open and collaborative innovation approach can produce cross-disciplinary new growth opportunities for the entire food industry.

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New Open Innovation Event Will Shape Agri-food Industry

New Open Innovation Event Will Shape Agri-food Industry

By • on September 14, 2016

The FarmingUK website reported that open discussion and innovative thinking are the key to shaping a viable food and farming industry, and a new annual event aims to facilitate just that. Drawing on successful approaches in other industries, the Rothamsted Open Innovation Forum will bring together leading

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Berkeley-Stanford Food Innovation & Design Symposium

Berkeley-Stanford Food Innovation & Design Symposium

By • on July 3, 2016

The Berkeley-Haas website reported on the inaugural  Berkeley-Stanford Food Innovation & Design Symposium held at UC Berkeley on May 26. The gathering brought together entrepreneurs, scientists, investors and academics to share the latest on food innovation, science, design, and technology. The

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Have an Idea for the Future of Food?

Have an Idea for the Future of Food?

By • on November 2, 2015

The Sustainable Brands website reported that Food Matters Live is  hosting the 4th Food & FMCG Innovation Pitching Event on November 17th. Individuals, research centers, and companies of all sizes are invited to pitch to members of the Open Innovation Forum with solutions that address their business

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Opening Up Food Science Innovation

Opening Up Food Science Innovation

By • on August 18, 2015

The Food Business News website noted that food scientists in the 1970s and 1980s worked in a closed innovation model. Companies protected intellectual property and trade secrets. Food scientists concentrated on product innovation designed to grow a company’s brand through market share. Now, Hamsa Thota,

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Open Sustainability Innovation Practices in the Food Sector

Open Sustainability Innovation Practices in the Food Sector

By • on July 16, 2015

The MDPI website posted a study which showed  that the adoption of an “open sustainability innovation” approach in business could be a strategic advantage to reach both industry objectives and sustainability goals. In order to address the high competition that involves the food industry, sustainability

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Open Innovation at Tate & Lyle

Open Innovation at Tate & Lyle

By • on July 12, 2013

The Innovation Excellence website noted that Tate & Lyle,  the large B2B company focused on specialty food ingredients,  has placed a large emphasis on innovation as a key source of future growth.  They give a pivotal role to open innovation (OI) and complementary roles for OI partnerships

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Open Innovation in Nutraceuticals & Functional Foods

Open Innovation in Nutraceuticals & Functional Foods

By • on January 2, 2013

The Nutraceuticals World website posted an article which noted that increasingly diverse industry thought leaders, corporate executives and academics are touting the benefits of open business models to increase speed to market, enhance execution, fill the new product pipeline and diversify and drive

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