InBios Awarded Funding for Lyme Disease Diagnostic from HHS, Cohen Foundation
PRWeb reported that InBios International Inc., a leading developer of diagnostics for infectious diseases, announced that the U.S. Department of Health and Human Services (HHS) and the Cohen Foundation have awarded the company $100,000 as a Phase 1 winner in the LymeX Diagnostics Prize competition. The current two-tier serological testing system relies
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Promising K-Startups to Present B2B Transition Strategies at Geeks Show Up
The startup division of The Korea Economic Daily is hosting a one-day Geeks Show Up event on the resort island of Jeju, where startup founders in the eco-friendly, mobility and tourism sectors will present their ideas on how to take their budding startups forward. Jeju Island is emerging as a test bed
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Hyundai Motor Displays Future Technologies Developed with Startups
Pulse News reported that Hyundai Motor Co. and Kia Corp. held a “2022 Open Innovation Lounge’’ at the headquarters office in Seoul to showcase future mobility technologies developed with the collaboration of domestic and foreign startups. The Open Innovation Lounge is an open innovation product
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EarlyBirds Helping Organizations with Strategic Innovation to Spur Growth
The Yahoo website reported that EarlyBirds, an Australian firm, has created an open innovation ecosystem with an OSINT platform and services that allows early adopters, innovators, and subject matter experts to get together and discover ways to speed up innovation advancement and adoption. For an organization,
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Novo Nordisk Foundation Announces Support for New Open Collaborative Platform
PRNewswire reported that Claus Felby, from the Novo Nordisk Foundation said “We need to rapidly develop foods that can feed a growing world population without over-utilizing the planet’s resources. Plant2Food creates a unique opportunity to make Denmark a leader in developing plant-based
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Open Innovation: Has Its Time Finally Come?
The Gilbert+Tobin website reported that the European Union is betting big that ‘Open Innovation’ will be the engine of growth for the digital economy: “We believe that the intersection of mega-trends such as digitization, mass collaboration, and sustainability needs is creating a unique opportunity
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Qatar Open Innovation Program Announces Winning Partnerships
The Peninsula website reported that the Qatar Research, Development and Innovation (QRDI) Council’s flagship program, Qatar Open Innovation (QOI), has announced the two winning innovation partnerships for Hassad Food, Qatar’s investment arm in food and agribusiness sectors. The Qatar Open Innovation
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The Biases That Derail Open Innovation Initiatives
The European Business Review posted a study which asked the question, Why do many open innovation initiatives return underwhelming results? The author’s research on open innovation over the past decade provides an answer: Organizations often fail to recognize the potential of exceptional ideas
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Are Small and Medium Enterprises the Overlooked Engines of Innovation?
The Forbes website reported that SMEs are frequent participants in open innovation partnerships with a range of stakeholders. Research from the European Commission highlights that this process can be improved with effective support, however. The study identified four key challenges that prevent SMEs
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Chesbrough Makes List of Top 50 Academics in Business & Management
The Harzing.com website which specializes in research in international management has named Henry Chesbrough, the originator and major theorist of open innovation, as #13 in its list of Top Academics in Business and Management Worldwide. This ranking had created a score based on a combination of metrics:
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