IIT Hyderabad to set up Suzuki Innovation Centre
The Business Standard reported that the Indian Institute of Technology Hyderabad (IITH) and Suzuki Motor Corporation signed a three-year contract to start Suzuki Innovation Centre (SIC) with the vision of “creating innovations for India and Japan” by way of providing a platform for exchange of knowledge between the two organizations. A
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Tokyo Gas Innovation Group Builds Presence on U.S. East Coast
The Markets Insider website reported that in early 2017, Tokyo Gas implemented an open innovation strategy and began establishing company outposts in leading innovation hubs around the world. Planting roots in new locations including Menlo Park, CA, and Boston, MA, is an effort to better connect Tokyo
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Lawson: Dig Deeper into Your Customer Base
The Web In Travel website reported that in trying to build a convenience store for the future, Lawson, which has more than 14,000 stores throughout Japan, knew it would have to look outside its own walls and bring in innovation from the outside. When it became increasingly obvious that “innovation
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Make Japan Inc. Great Again
The JapanTimes website noted that while Apple, Google and Facebook “openly innovate,” traditional Japanese firms still conduct research and development behind closed doors. The main reason Japan lacks “open innovation” is the nation’s HR systems, which promote employees based on age rather
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Crowdsourcing Content Shifts to Open Innovation in Japan
The Campaign website reported that “Open innovation” is the buzzword of the moment in Japan, with a number of large, well-established companies looking to become more agile and bring outside intelligence into their organizations. But while the term may be fashionable, relatively few firms fully
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Japanese Startup Opening in the US
The CampaignAsia website reported that Japan market leaders are looking ardently for new technologies they can leverage such as AI, IoT and blockchain. To do that, they are increasingly accepting the principles of open innovation. “Open innovation with startups can accelerate the speed of the corporation
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Using Open Innovation to Leverage Japan’s Strengths
A paper posted on the Arizona State University website argues that while Japan’s challenges are real and severe, gloom is not necessarily warranted. It stresses that some of the very institutional and business factors blamed for Japan’s current difficulties can, in fact, be become sources of competitive
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How to Innovate By Learning From Startups
The TelecomReseller website reported that large international corporations tend to have extremely efficient and controlled systems and processes that allow them to operate at scale. While these systems are important, they can kill new innovation projects and corporations are increasingly seeking more
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Korean Biotech Firms Embrace Open Innovation
The Korea Bizwire website reports that the scope of innovative cooperation is expanding in Korea. Small ventures have begun to invest in each other, and participate in joint studies. This trend is eye-catching among industry officials because starts-ups of different sizes and levels are discovering and
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Accenture Launches Digital Hub in Japan
The Yahoo Finance website reported that Accenture has opened an Accenture Digital Hub in Tokyo, Japan to support the digital transformation of clients by helping them embrace open innovation. At the Digital Hub, Accenture experts in areas such as digital marketing, user experience design, analytics and
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