To Recover Faster From Covid-19, Open Up

To Recover Faster From Covid-19, Open Up

By • on January 5, 2021

An article in the Industrial Marketing Management journal by Henry Chesbrough noted that in fighting a pandemic, speed is crucial, and the sooner we know more and are able to take action, the better for all of us. Opening up mobilizes knowledge from many different places, causing our learning to advance and our progress against the disease to accelerate.

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Chinese Lesson Learned From the Collapse of the USSR

Chinese Lesson Learned From the Collapse of the USSR

By • on December 31, 2020

The Free News website reported that Zheng Yunnan, Dean of the Institute for contemporary Chinese studies, spoke about Beijing’s main lesson from the collapse of the Soviet Union. The USSR’s tragedy is that it had technical innovations but did not allow market mechanisms to work in the country’s

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The Influences of Open Communication by Senior Leaders on Effective Open Innovation

The Influences of Open Communication by Senior Leaders on Effective Open Innovation

By • on December 29, 2020

The Sage Journals website posted a study of 200 open innovation managers which showed that open internal communication by senior leaders drives higher legitimacy judgments, which in turn drives open innovation success. Further, legitimacy judgments mediate the relationship between open internal communication

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Open Innovation in Drug Development

Open Innovation in Drug Development

By • on December 28, 2020

The Express Pharma website reported that the complexities involved in commercializing any new drug has led pharma companies to adopt a more open, collaborative approach for their research and development processes. There are several advantages to introducing open innovation for the drug creation process.

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Shanghai Encourages Foreign R&D Centers

Shanghai Encourages Foreign R&D Centers

By • on December 24, 2020

According to the China Briefing website, Shanghai has a big lead in attracting foreign R&D centers compared to other Chinese cities.  763 regional headquarters of multinational corporations have been set up in Shanghai, as well as 477 foreign R&D centers, one-third of which were set up by Fortune

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Singapore Fintech Festival a Success

Singapore Fintech Festival a Success

By • on December 23, 2020

The Fintech Times  reported that the Singapore Fintech Festival attracted 60,000 participants from over 160 countries. A number of open innovation challenges were reported.  The Food Waste National Innovation Challenge was launched by the National Environment Agency to address the sustainable and automated

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DuPont Nutrition & Biosciences Investing in the Future of Food

DuPont Nutrition & Biosciences Investing in the Future of Food

By • on December 22, 2020

The Dairy Reporter website reported that DuPont Nutrition & Biosciences is accelerating its open innovation strategy to prepare food and beverage manufacturers for fast-developing trends and change. The short-list of start-up partners for 2021 has already been drawn up. By the middle of next year,

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Electrolux and Partners Wrap Up Sustainability-Focused Year of Innovation

Electrolux and Partners Wrap Up Sustainability-Focused Year of Innovation

By • on December 21, 2020

The Market Screener website reported that after a 12-month process, Electrolux has concluded its first sustainability-focused open innovation program with all five partners delivering feasible business solutions to take forward. The open innovation ‘Booster Program’ was launched in 2018 to

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Sustainability of Cluster Organizations as Open Innovation Intermediaries

Sustainability of Cluster Organizations as Open Innovation Intermediaries

By • on December 18, 2020

The MDPI website posted a study whose purpose is to identify the most important open innovation practices used by cluster organizations (COs). The paper introduces the potential sustainability-related implications of open innovation adoption in cluster organizations. The study demonstrates that cluster

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“Corporate Startup Stars” Awarded to Telefonica  for its Support of Entrepreneurship through Wayra

“Corporate Startup Stars” Awarded to Telefonica for its Support of Entrepreneurship through Wayra

By • on December 17, 2020

The WebWire website reported that for the fifth consecutive year, the “Corporate Startup Stars” awards have been held to recognize companies that stand out for their support of entrepreneurship. Startups around the world are invited to nominate corporations with the most active strategies for open

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