Cadence Wins Six 2022 TSMC Open Innovation Platform Partner of the Year Awards
Business Wire reported that Cadence Design Systems has won six Open Innovation Platform Partner of the Year awards from Taiwan Semiconductor Manufacturing Company (TSMC) for its Electronic Design Administration, intellectual property and cloud solutions. Cadence was presented with awards for the joint development of the N3E design infrastructure,
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Value Capture in Open Innovation Markets: The Role of Patent Rights for Innovation Appropriation
The Emerald Insight website posted a study which noted that the role of patents for appropriating (capturing) value from innovation investments has for decades been of major interest to both practitioners and academics in innovation management. Many studies have implicitly assumed that firms appropriate
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Why Now Is the Time for “Open Innovation”
The Harvard Business Review posted a very useful article which discussed a number of challenges encountered in implementing open innovation and how they can be overcome. The article noted that while concerns over intellectual property, return on investments, and various unforeseen consequences of open
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Proposal-Based Innovation: A New Approach to Opening Up the Innovation Process
The book Innovative Technologies for Market Leadership has a chapter on Proposal-Based Innovation which noted that Open Innovation (OI), is widespread in nonmanufacturing industries such as software. In manufacturing, however, OI is largely rejected mainly due to high intellectual property (IP) protection
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Open Innovation Challenges and Coopetition-Based Open-Innovation
A study on the IGI Global site found that the success of the open innovation model is based on five major elements, namely, 1) motivating spillovers, 2) incorporation of external knowledge, 3) intellectual property management, 4) maximization of internal innovation, and 5) financial constraints. These
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Horizontal Open Innovation
An study on the Academy of Management site noted that a key contribution of the open innovation literature is the notion that firms need to access outside sources of ideas and complementary assets. A literature has blossomed that details a variety of open innovation modes. But emergent phenomena, including
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Innovation Among Keys to Success
The Australasian site reported on a survey by Herbert Smith Freehills, a leading law firm, of clients across multiple business sectors about their experience with open innovation. The survey found that it is now the norm for clients to collaborate internally and externally on innovation projects, but
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Open innovation: A shift to new intellectual property models?
The Lexology website noted that the success of open innovation lies primarily in the notion that sharing knowledge can be profitable. Secondly, a company has to strike a balance between what it can reveal to those involved (suppliers, competitors, specialized third-party companies, the public, etc.)
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Open Innovation as a Business Model for Enhancing ASEAN Economy
The International Journal of Business and Society posted an article which noted that Intellectual Property plays an important role in contributing to the achievement of national and regional socio-economic development goals which contribute to the region’s competitiveness and productivity. The open
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Innovation in the Open
An article on the Chemistry World website noted a trend in open innovation: rather than drawing start-ups closer to obtain their intellectual property, some firms are shifting to a more collaborative approach. This strategy foresees collaboration agreements, or business support, and subsequent shared
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