Open Innovation Demands Partnerships, Alliances, Mergers

Open Innovation Demands Partnerships, Alliances, Mergers

By • on February 11, 2016

The UBJ Innovate website reported that Open Innovation has provided important examples of how talent connections produce value greater than either party could achieve alone. One favorite story is that of P&G approaching competitor Clorox to explore transferring unused innovations to Clorox Glad Products. The partnership, together with further collaborations,

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Nurturing Corporate Venture Incubation

Nurturing Corporate Venture Incubation

By • on January 12, 2015

The Business2Community website noted that over the past decade, corporate incubators have begun to experiment with open innovation contests to crowdsource ideas and solve problems, and with so-called hackathons to foster collaboration and rapidly prototype solutions. They introduce more diverse perspectives

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Finding Innovative Ideas in Unexpected Places

Finding Innovative Ideas in Unexpected Places

By • on December 16, 2014

The Forbes website reports that Zynga, whose firm counts Xerox, Pfizer, Kraft, Siemens, and many other heavy hitters among its clients, says any company can make profitable use of ideas from other, seemingly unrelated fields. The first step in what’s commonly called open innovation, he says, is to

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End of the Great-Man Theory of Innovation

End of the Great-Man Theory of Innovation

By • on July 13, 2013

The Businessweek site noted that collaborative innovation is the sort of concept that periodically seizes management circles. Most people have heard about it, something to do with mixed teams of insiders and outsiders. What most haven’t got their minds around is that as it moves from phenomenon

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How Crowdsourcing Impacts Innovation

How Crowdsourcing Impacts Innovation

By • on March 13, 2013

The Crowdsourcing website notes that the Internet has had a profound influence on innovation practices. Crowdsourcing has tipped the innovation balance from the domination of large corporations towards smaller entities and access to these innovation sources has become an important part of innovation

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Arise Co-Creation Manager

Arise Co-Creation Manager

By • on February 27, 2013

The InnovationExcellence website notes that  innovation has become the name of the game for businesses to compete effectively in an increasingly kinetic, globalized and technology-driven marketplace. To ensure a constant supply of new ideas, today’s corporations know that they cannot rely solely

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Open Innovation in Charities

Open Innovation in Charities

By • on February 6, 2013

The Nesta Giving website reported on a study of the implementation of open innovation by 10 charities in Great Britain. While open innovation is relatively established in the commercial sector–with companies such as Kraft Foods Collaboration Kitchen being regularly cited as leading examples–open

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Tate & Lyle Launches Open Innovation Platform

Tate & Lyle Launches Open Innovation Platform

By • on February 1, 2013

The Food Navigator website reports that from food ingredients that reduce the blood glucose response to food intake, to natural high-potency sweeteners, digestive health and weight management ingredients, and plant-based ingredients that can mask bitter flavor, these are just some of the ingredients

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Kraft Foods: Open Innovation with Suppliers

Kraft Foods: Open Innovation with Suppliers

By • on September 19, 2012

The pack-summit website posted an interview with Jean-Baptiste Rubens, Director of Procurement Innovation at Kraft Foods on Kraft’s approach to open innovation with suppliers. “Every organization is aiming to grow. If we want to be leader, we need to be first at leveraging new technologies

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Open Innovation and the Food Industry

Open Innovation and the Food Industry

By • on July 9, 2012

The ift.live website published an article presenting an inside look at commercializing innovation in the food industry, from ideation, sourcing, intellectual property considerations, valuation, and implementation to market launch. Since 2003, many large companies have implemented the open innovation

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