Open to Innovation
The Financial Express website reported that the Mahindra Group launched India’s biggest innovation prize—the ‘Rise Prize’ which offers $1 million for ideas and innovations involving the ‘Mobility Challenge’, which invites solutions for driverless cars in India, and the Solar Challenge for solar energy products that have a wider application
Comments Off on Open to Innovation • Read this story »
More Articles
Open Innovation Symposium in Bangalore
The Ciol website reported that the Xerox Research Centre India conducted XRCI Open 2014 – Xerox India’s 1st Open Innovation Symposium in Bangalore. Several eminent institutes participated: IISc, IIT Bombay, IIT Madras, IIT Kharagpur, IIIT Hyderabad, IIIT Delhi, IIM Indore, Singapore Management
Comments Off on Open Innovation Symposium in Bangalore • Read this story »
The Right Prescription: Open Innovation
The Business Standard website reported that the rising cost of drug discovery makes it pertinent to look at alternate models to approach innovation. The ‘Open Innovation model’ has emerged as an interesting alternative. It is based upon openness and collaboration, which is in complete
Comments Off on The Right Prescription: Open Innovation • Read this story »
Rolls-Royce Launches India Open Innovation Program
The Firstpost.Business website reported that Rolls-Royce recently launched its India Open Innovation program, which is designed to help identify to buy or license technologies or techniques outside Rolls-Royce’s traditional areas of operation that are new and potentially beneficial to Rolls-Royce.
Comments Off on Rolls-Royce Launches India Open Innovation Program • Read this story »
Indian Companies Need to Embrace Open Innovation
The Business Line website noted that Indian organizations can benefit from adopting an open innovation philosophy. At the strategic and system integration level, both Tata Motors and Mahindra have demonstrated its utility. Tata Motors’ entry into the small car market via the Indica, and Mahindra’s
Comments Off on Indian Companies Need to Embrace Open Innovation • Read this story »
Open Innovation Models For India
The mbaskool website posted an article by Pranav Saraswat and Shweta Gupta which notes that open innovation models are gaining popularity in India but there has been a dearth of innovation. What needs to be done further is to communicate about this platform to more innovators and problem solvers all
Comments Off on Open Innovation Models For India • Read this story »
Big Companies Can Unleash Innovation
The Bloomberg website published an article which noted that large companies are now better positioned to innovate than ever before. The innovation revolution spurred by venture capitalists decades ago has created the conditions in which scale allows big companies to shift from shackling innovation
India: outsource research work to scientists of top universities
The Hindubusinessline website reports that through Open Innovation, Xerox India Research has brought together top-notch scientists, along with the company’s researchers and engineers, to work on complex projects that Xerox wants to implement. Open Innovation is today the core of Xerox India research.The