The Five Traits of a Most Innovative Company
The Australian Financial Review website reported a study that showed that open innovation, cross-functional collaboration, customer-centricity, dedicated “innovation time” and managers walking the talk have emerged as hallmarks of the most innovative companies. An increasing number of companies highlighted open innovation as a deliberate
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Help Shape the Future of Deep Space Exploration
The PRNewswire website reported that the science and space learning center Space Center Houston, innovation firm NineSigma and NASA’s Centennial Challenges Program announced the launch of the Space Robotics Challenge. The $1 million challenge will help further space exploration while inspiring
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Prize Competitions Help Agencies Innovate
The Meritalk website reported that the White House Office of Science and Technology Policy (OSTP) has released a report that shows that public sector prize competitions for innovative technology in the 2015 fiscal year have increased in capability and impact. “Over the past 7 years, the Obama Administration
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Small Investment in Innovation
The PRNewswire website reported on a new study which showed that while the C-Suite values innovation and recognizes it as integral for the success of the organization, few companies are organized to intentionally drive innovation and allocate resources and investments in order to accelerate the creation
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European Commission Unveils €16 Billion Investment in Innovation
The University World News website reported that the European Commission is to invest almost €16 billion (US$18 billion) in research and innovation in 2016 and 2017. The Work Program is designed to open up European research and innovation to more actors – from researchers, to entrepreneurs, to users,
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Evonik to Invest €4 Billion in Innovation
The CosmeticsDesign website reported that speciality chemicals company Evonik plans to invest over €4 billion over the next decade, focusing on innovation that will lead to developments in its cosmetics product portfolio among others. The investment is to focus on innovation in key areas to provide
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Optimal Level for Open Innovation Investment
The Wellspringworldwide website reported a recent study which measured the R&D performance from Open Innovation activities. The paper, “Towards an open R&D system”collected data on the innovation performance of 2,537 companies that were engaged in different levels of Open Innovation practices.
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