Collaboration and Open Innovation
A statement on the Shell website said: “The global innovation footprint is large and diverse, so significant effort is needed to leverage the richness of what is available to allow for more open free-flow of ideas and technology. That is why we operate a global open innovation strategy and collaborate with our business partners, universities and
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Singapore Gathers Global Energy Firms to Seek New Innovation for Sector
The ZDNet website reported that Shell, Chevron, ExxonMobil, and ConocoPhillips as well as the Singapore government agency together launched the Energy Open Innovation Challenge, which they said would give small and midsize businesses (SMBs) and startups the opportunity to pitch and testbed their solutions
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Equinor and Shell Sign MoU on Digital Solutions
The Oil Review Middle East website reported that Equinor and Shell have signed a memorandum of understanding (MoU) on digital collaboration to develop solutions areas like data science, artificial intelligence and 3D printing. Alexander Boekhorst, vice-president for digitalization and computer science
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Debunking the Myths of Open Innovation
The IPI website noted that the barriers to open innovation are lower than you think. We’re here to debunk some of these myths surrounding OI and highlight how an OI approach to business growth is more accessible and implementable than you think. Myth #1: A small company can’t reap the benefits
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15 Examples of Open Innovation between Big Companies & Startups
The Innovation Excellence website notes that big companies like GE, Cisco or Microsoft tend to have 8-10 different value pools (think suppliers, startups, customers or universities) to consider for their open innovation efforts. The challenge is that even companies that are good at open innovation only
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Changing the Innovation Game
The Innovation Excellence website noted that Open Innovation has gained a lot of traction since Henry Chesbrough’s seminal 2003 book on the subject. The best Open Innovation programs are fully aligned with strategy and have a clear view of what they need to deliver. Companies need to attract potential
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Shell: Open for Innovation
The Innovation Excellence website asked of Shell Oil Company, why does a company employing 92,000 people and spending $1.3 billion on R&D need to go outside for more innovation? The reason is one of the classic foundations of Open Innovation. Shell realizes that, despite the presence of internal
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NineSigma to Host Open Innovation Summit
The Crowdsourcing website reported that the open innovation intermediary Ninesigma will host an open innovation summit in Cleveland, Ohio, on May 15 and 16. This
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Shell’s Open Innovation Toolkit
In a Youtube video produced by WIRED, Thijs Jargen, Vice President of Innovation for Shell, describes the four pillars of Shell’s Open Innovation toolkit: Gamechanger, Tech Works, Tech Ventures and University Relationships. These four pillars represent Shell’s approach not only to discovering
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