Turkish Airlines Adopting an Open Innovation Mindset Following Move to Istanbul Airport
The Future Travel Experience website reported on Turkish Airlines (TK) move to its new mega-hub, Istanbul Airport, from Atatürk Airport. The move represented one of the most significant milestones in Turkish aviation history. Istanbul Airport is now capable of processing 90 million passengers, later rising to 200 million. With the successful move
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Selecting an Open Innovation community as an Alliance Partner
The ScienceDirect website reported on a study which noted that organizations build strategic alliances with other firms with the intent of tapping into partners’ resources and capturing long-term value from these relationships. Such partnerships are typically governed by contractual or equity arrangements
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Time to Light a Fire: Building a Culture of Innovation
The Industry Week website posted an article which stated “Think outside your company’s walls. As R&D continues to grow within the private sector, companies will be better suited by opening doors to outside expertise. Open-source coding is revolutionizing the software industry; similarly,
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How to Create a Strategic Partnership to Spur Innovation
The Business to Community website noted that just as people are motivated by the company they keep, companies are influenced by the partnerships they embrace. Those hoping to innovate would be wise to look beyond their own walls and form partnerships with universities, startups, and other industry players. Working
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A New and Strong Japan Emerges
An article on the Japan Times website noted that the ownership structure of corporate Japan has changed from a closed, insider-based system to an open and competitive system. Today, corporate Japan has liberated itself from the group-ownership straitjacket, and has turned from a membership-only closed
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UC Berkeley Has New Innovation Hub
The Daily Cal reported that a new innovation hub providing technical and financial support to startups will be coming to campus after a recent partnership between UC institutes and Enel, a multinational power company. Henry Chesbrough, a professor at the Haas School of Business and executive director
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Small Investment in Innovation
The PRNewswire website reported on a new study which showed that while the C-Suite values innovation and recognizes it as integral for the success of the organization, few companies are organized to intentionally drive innovation and allocate resources and investments in order to accelerate the creation
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