Innovation in the Open

Innovation in the Open

By • on August 16, 2018

An article on the Chemistry World website noted a trend in open innovation: rather than drawing start-ups closer to obtain their intellectual property, some firms are shifting to a more collaborative approach. This strategy foresees collaboration agreements, or business support, and subsequent shared ownership of intellectual property (IP) as a way

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Twelve Principles for Open Innovation 2.0

Twelve Principles for Open Innovation 2.0

By • on April 27, 2017

An article in the journal Nature noted that a new mode of innovation is emerging that blurs the lines between universities, industry, governments and communities. It exploits disruptive technologies — such as cloud computing, the Internet of Things and big data — to solve societal challenges sustainably

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Placing Users At The Core Of Innovation Strategies

Placing Users At The Core Of Innovation Strategies

By • on April 12, 2017

The Forbes website posted a review of the book Revolutionizing Innovation: Users, Communities, and Open Innovation. The book includes 25 original contributions providing an extensive view of user and open innovation by scholars from all over the world in a variety of industries. The book underscores

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Open Innovation: Creating Value Through Collaboration

Open Innovation: Creating Value Through Collaboration

By • on December 21, 2016

The Enel website reported that the ability to open up and seize the most disrupting innovations is essential to keep up with a rapidly changing business such as that of energy. This is why Enel launched a renovation path over a year ago, expanding the flexibility of its organization and its business;

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The Open Innovation Renaissance

The Open Innovation Renaissance

By • on October 3, 2016

The Manufacturer website noted that prize competitions have long been used to solve problems. But despite their usage in the 1800s and  1900s, prize competitions languished throughout much of the 20th century. However, a communications and information-driven renaissance is driving a resurgence in open

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Open Innovation: From the Exotic to the Everyday

Open Innovation: From the Exotic to the Everyday

By • on August 1, 2016

The Innocentive website noted that as with all new technologies, methodologies and working paradigms, initial excitement could be misplaced and in fact create a bubble from which the process may never recover. However crowdsourcing and open innovation have been delivering outcomes for the past fifteen

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What is Stopping Open Innovation?

What is Stopping Open Innovation?

By • on July 17, 2016

The destination-innovation website noted that open Innovation has come of age.  It has become a mainstream activity in most leading companies. It is now established as corporate best practice with many successes. However, there are still large swathes of businesses which remain untouched by the Open

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Twelve Principles for Open Innovation 2.0

Twelve Principles for Open Innovation 2.0

By • on June 5, 2016

The Nature website, an international weekly journal of science, noted that a new mode of innovation is emerging that blurs the lines between universities, industry, governments and communities. It exploits disruptive technologies to solve societal challenges sustainably and profitably, and more quickly

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Innovative Partnerships

Innovative Partnerships

By • on May 12, 2016

The Royal Society of Chemistry website announced the launch of the InnoCentive–Royal Society of Chemistry  (RSC) Open Innovation Pavilion. Although the shift from purely internal innovation to a more open structure has proved popular for industry leaders, it can be a risky process, fraught

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Leverage Open Innovation To Expand  Capabilities

Leverage Open Innovation To Expand Capabilities

By • on March 16, 2016

The Forbes website noted that when Microsoft launched Kinect for the Xbox in 2010, it quickly became the hottest consumer device ever, selling 8 million units in just the first two months. Like Microsoft, many firms today are embracing open innovation to expand capabilities. Cisco outfoxed Lucent not

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