Singapore Gathers Global Energy Firms to Seek New Innovation for Sector

Singapore Gathers Global Energy Firms to Seek New Innovation for Sector

By • on September 3, 2020

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 alongside the energy companies. Enterprise Singapore’s

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Equinor and Shell Sign MoU on Digital Solutions

Equinor and Shell Sign MoU on Digital Solutions

By • on March 9, 2020

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

Debunking the Myths of Open Innovation

By • on April 4, 2019

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

15 Examples of Open Innovation between Big Companies & Startups

By • on August 22, 2014

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

Changing the Innovation Game

By • on April 17, 2014

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

Shell: Open for Innovation

By • on April 9, 2014

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

NineSigma to Host Open Innovation Summit

By • on February 3, 2014

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

Shell’s Open Innovation Toolkit

By • on September 15, 2013

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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