Igniting Innovation—Yang Wenxin Of WisQo

Igniting Innovation—Yang Wenxin Of WisQo

By • on January 13, 2020

The Asian Scientist website reports that open innovation has helped IoT solutions provider WisQo to develop new products that address market needs. Founder Yang Wenxin said in the beginning, we used to develop IoT solutions based on our own market knowledge. However, we began to realize that other more mature companies in the industry may understand

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How to make IoT in business work for you

How to make IoT in business work for you

By • on November 4, 2019

The Ericsson website noted that finding a business model that secures your enterprise’s future and enables a competitive advantage requires thinking out of the box. Within the Internet of Things (IoT), the mass deployment of sensors and high-resolution data enables new business models for industries

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SPARK Microsystems Wins Nokia Open Innovation Challenge

SPARK Microsystems Wins Nokia Open Innovation Challenge

By • on December 10, 2018

The Nasdaq website reported that  SPARK Microsystems has been named the winner of the Nokia Open Innovation Challenge 2018 for developing a low-power wireless transceiver for the industrial Internet of Things. Marcus Weldon, CTO of Nokia, said, “SPARK Microsystems was selected as the winner

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Schneider Electric Rolls Out GenNext Buildings’ Platform

Schneider Electric Rolls Out GenNext Buildings’ Platform

By • on June 21, 2018

The Trade Arabia website reported that Schneider Electric, a global leader in digital transformation of energy management and automation, has announced the next generation of EcoStruxure Building, the industry’s first open innovation platform of buildings. A part of Schneider Electric’s EcoStruxure

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Interview with Samsung CEO Tim Baxter

Interview with Samsung CEO Tim Baxter

By • on May 17, 2018

The Samsung Newsroom website posted an interview by The Economist with Samsung CEO Tim Baxter. The Economist: What is Samsung doing to embrace the idea of “open innovation” without compromising your intellectual property; how do you strike the balance as the CEO? Tim Baxter: Some of that’s going

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An Open Innovation Perspective For Patent Policy

An Open Innovation Perspective For Patent Policy

By • on May 9, 2018

An article on the Intellectual Property Watch website noted that based on in-depth interviews with thirty-one entrepreneurs in the IoT space, it was found that firms lacked awareness on Open Innovation, let alone managing IP under an Open Innovation paradigm. The young firms we talked to owned patents

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Open Innovation: Research, Practices, and Policies

Open Innovation: Research, Practices, and Policies

By • on March 12, 2018

The California Management Review website posted an article which noted that open innovation is now a widely used concept in academia, business, and policy making. This article describes the state of open innovation at the intersection of research, practice, and policy. It discusses some key trends (e.g.,

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IOTA Launches Data Marketplace Open Innovation Initiative

IOTA Launches Data Marketplace Open Innovation Initiative

By • on January 4, 2018

The RTinsights website reported that the IOTA Foundation, an open-source non-profit foundation from Germany, has announced the launch of the first publicly accessible data marketplace for the Internet of Things.  The new marketplace is powered by a distributed ledger and IOTA says it will be one of

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India Embracing New Technology

India Embracing New Technology

By • on October 18, 2017

The Hindu website reported that Chief Minister N. Chandrababu Naidu, speaking at the Open Innovation Forum organized by K.L. University and Haas School of Business of the University of California Berkeley, said the Indian state of Andhra Pradesh was in the forefront of adopting Information Technology

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Nokia’s Open Innovation Challenge

Nokia’s Open Innovation Challenge

By • on June 26, 2017

The Euroinvestor website reported that Nokia has launched an Open Innovation Challenge, focusing on the Internet of Things for smart cities, mobility, safety and security, and connected industries. “Co-innovating in an open ecosystem with start-ups and large tech companies in a healthy balance

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