NYC Working To Merge Government With Innovation
The Fastcoexist website reported that two new open innovation challenges were launched recently to ferret out ideas, from the private sector, for reducing electric bills without taking away residents’ control of their own apartments and, in a smaller number of buildings, reduce steam heating bills. In city government, the idea of looking outside of
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An Intellectual Property Strategy Supporting Open Innovation
The Cesear website posted an analytical article discussing the relationships between Intellectual Property Rights and Open Innovation. Traditionally, IP has a defensive role: Stop others from creating competing products; Enable competitor-free operation in a given market. The new role of IP: Enables
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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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Higher Ed and Open Innovation
The Inside Higher Ed website noted that the main reason the book “The Smartest Places on Earth“ is important are the chapters on open innovation. Today’s problems (such as sustainable energy or health care productivity), are too complex for one institution to solve on their own. These
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How Can the Federal Government Better Engage Citizens?
The Government Accountability Office (GAO) website noted that federal agencies are using “open innovation” tools to leverage the knowledge and skills of people outside government. Using dedicated websites and in-person outreach, agencies have worked with the public to rebuild communities
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Innovation by South African Businesses
In an article on innovation by South African business, the website Daily News Bulletin noted that in an increasingly competitive world, companies need to take advantage of a wide range of resources to innovate; they cannot rely on ideas to come only from within their organization. Encouragingly, the
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Xinova Develops Smart Tattoo
The Financial Review website reported that Meat and Livestock Australia (MLA) signed a multimillion-dollar deal with innovation specialist Xinova to help it find and solve complex problems faced by the livestock industry. Xinova brings together a network of 10,000 experts from more than 100 research
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Innovation, Connected: NASA
The Forbes website reported that NASA scientists are working to introduce the open innovation approach to multiple problems affecting not only space travel, but enterprises as well – at the same time, providing an energetic boost to STEM (science, technology, engineering and math) skills development.
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Societe Generale Opens Up
The Financial website reported that Societe General was ranked top among digital banks and financial institutions. It was chosen for its original open innovation strategy with digital ecosystems around the world. “We believe that by creating the conditions to foster innovation and agility, by spreading
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Creating an Innovation Culture
The MalayMailOnline website noted that not a single company in the world owns more than 1 per cent of global hi-tech knowledge. Collaboration with outside groups such as complementary businesses, universities, government agencies, and think tanks often brings new perspectives and ideas to the innovation
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