
Nestlé’s Open Innovation Platform: Two Years Of Creative Solutions
The ESM magazine website reported that Nestlé announced that Henri@Nestlé, the Swiss-based food giant’s open innovation platform, is celebrating two years of ‘innovative solutions’ to challenges businesses face. The platform has launched 12 projects over its two-year lifespan, receiving over 400 applications from start-ups. Henri@Nestlé
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User-Driven Innovation
The DT News website noted that innovation with users is a key feature of sustainable firms that are keen to add-value and access new markets. Innovation driven by insight from users and customers helps firms and public sector to devise sound products that meets users’ needs. The pioneering work of
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Nestlé’s Work with Startups
The MarketingWeek website reported that while Nestle previously prided itself on “having all the answers”, it soon realized that in order to keep up with the outside world, it would have to look into creating more external partnerships. Startups could become our competitors, so we had to get into
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Nestle: Committed to Working With Start-Ups
The BQLive website quoted Gerardo Mazzeo Global Innovation Director at Nestle: “As the world becomes ever more interconnected, we as companies are beginning to realize the benefits of looking beyond our own walls for new ideas. No longer is innovation limited to the internal R&D team, but we
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Is Open Innovation A Risk Worth Taking?
The Innovation Enterprise website noted that since the term was first coined in 2003 by Henry Chesbrough in his book ‘Open Innovation: The New Imperative,’ many organizations and governments have implemented Open Innovation programs to tremendous success. Open innovation works so well because
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Smarter Ways to Bridge the Innovation Gap
The Irish Times posted an article which noted that innovation is an essential element for business development and success, but many innovations fail. The key reasons for such failures, according to Prof Oliver Gassmann – a leader in the area of open innovation – include overengineering, poor
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Open Innovation in Nutraceuticals & Functional Foods
The Nutraceuticals World website posted an article which noted that increasingly diverse industry thought leaders, corporate executives and academics are touting the benefits of open business models to increase speed to market, enhance execution, fill the new product pipeline and diversify and drive
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