Hyundai Motor, Kia Motors and LG Chem Launch Global Competition to Invest in EV and Battery Start-ups
The Automotive World website reported that Hyundai Motor Company, Kia Motors Corporation, and LG Chem are sponsoring the “EV & Battery Challenge”, a global competition to identify EV and battery start-ups for potential investment and collaboration. The finalists will attend a two-day workshop at the Hyundai CRADLE Silicon Valley office, the
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Does Global Competition Allow Open Innovation for a Small Country?
The INA-Rxiv website posted an article which noted that in facing the global competition, small countries should develop their national research and development. Open innovation aims to improve the organization ability to innovate new ideas for products and solutions through exploiting external ideas
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How Innovation Is Shaping The 21st Century Company
The Forbes Magazine website posted an article which noted that the broad logic behind open innovation is that it is increasingly difficult for a firm to continuously innovate and grow in isolation. It has to engage with different types of partners to acquire ideas and resources from the external environment
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