Open Innovation Fights COVID-19
The Yet2 website reported that many companies are turning to open innovation to combat the challenges we’re facing as a result of the COVID-19 pandemic. Ford Motor Company is one company that is taking on COVID-19. Ford announced it is joining forces with firms including 3M, GE Healthcare, and the UAW to lend manufacturing and engineering expertise
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Ford Collaborates with 3M, GE, UAW to Speed Production of Respirators for Healthcare Workers, Ventilators for Coronavirus Patients
The Yet2 website reported that Ford Motor Company is joining forces with firms including 3M, GE Healthcare, and the UAW to lend manufacturing and engineering expertise to quickly expand production of urgently needed medical equipment and supplies for healthcare workers, first responders and patients
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Building an Ecosystem of Partners
The Engineer website posted a article which noted that a successful future means integrating with partners in a collaborative ecosystem. Industrial businesses understand this and we have seen more and more collaboration with new partners, including start-ups. But the results often disappoint. A better
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Henry Ford’s Model of ‘Change’
The SCMP website noted that open innovation is a solution that can benefit all types of businesses. It can help multinationals that welcome startups, university students and eco-system businesses into their fold to assist in improving processes, rethinking services, products and customer interaction.
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Open Innovation: Solutions for R & D Pipelines
The Accenture website noted that many companies are embracing the concept of open innovation, but few are doing so in strategic ways. Our research found that when large corporations work with external parties to augment their internal R&D, they use four basic modes of open innovation: a traditional
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Thomson Reuters: 2016 State of Innovation Study
The PRNewswire website reported on the findings of the 2016 State of Innovation Report released by Thomson Reuters, a leading provider of business information. Among the findings of the Report: the phenomenon of “open innovation” whereby corporations, universities, government agencies, and
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Open Innovation for the Electric Vehicle Market
The IPWatch website reported that Ford has announced that they wish to promote innovation and increase the rate of adoption of Electric Vehicle technology by licensing their patents. “Innovation is our goal,” said Kevin Layden, director, Ford Electrification Programs. “By sharing ideas, companies
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Global Developers Solve Local Woes With OI
The Times of India reported that Mumbai’s crippling monsoon woes, dangers lurking on Delhi’s congested roads and access to healthcare in Tamil Nadu’s hinterlands all have one thing in common — Open Innovation. Tech innovators from around the world came together to crowdsource,
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Ford Introduces Open Innovation Challenge
The Wall Street Journal reported that Ford has launched the Mobility Challenge Series, which invites developers and manufacturers to come together to find innovative mobility solutions at eight different locations around the world. The competition will start in Lisbon, Los Angeles, , and Mumbai, .
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Catalyzing Innovation
The Liebertpub website published a case study of the journey that Coca-Cola, Ford, H.J. Heinz, Nike, and Procter & Gamble took in the formation and operation of the Plant PET Technology Collaborative (PTC). The technical complexity, investments required, and risks in advancing 100% bio-polyethylene
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