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New Report Finds Corporate R&D Budgets Increasing Amidst Pandemic

New Report Finds Corporate R&D Budgets Increasing Amidst Pandemic

By • on January 26, 2022

Global Newswire reported that InnoLead has released a new research report, “Retooling R&D for a New Era,” that explores emerging trends in R&D in Global 1000 companies.  Among the findings the survey found that open innovation practices have moved into the mainstream. Forty-six percent of respondents say they use open innovation

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Flipkart Signs pact with FITT for Joint Research in Social Commerce

Flipkart Signs pact with FITT for Joint Research in Social Commerce

By • on January 25, 2022

The Economic Times reported that Walmart-owned Flipkart said it has inked an agreement with Foundation for Innovation and Technology Transfer (FITT) to collaborate in the areas of social commerce, product recommendation to resellers and consumer product exploration journey. “FITT engages with industry

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The Digital Advantage in Open Innovation

The Digital Advantage in Open Innovation

By • on January 24, 2022

The YourStory website noted that though frameworks and examples of open innovation have been around for a while, digital technologies are accelerating them like never before. Insights and tips in this regard are well-presented in the book Managing Digital Open Innovation, edited by Pierre-Jean Barlatier

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IncubateHub to Launch 9 Thematic Demand-led Accelerators

IncubateHub to Launch 9 Thematic Demand-led Accelerators

By • on January 22, 2022

The Business Standard reported that IncubateHub has announced its plan to launch nine Thematic Demand-Led Accelerators with the strategic backing of Venture Catalysts. The company will launch specific solutions for the growing CVC market in Asia, to assist corporates in funding startups that are strategic

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Making Sustainability Profitable and Profitability Sustainable

Making Sustainability Profitable and Profitability Sustainable

By • on January 20, 2022

Forbes magazine reports that some companies want to make sustainability profitable and profitability sustainable. This sentiment is shared by Professor Vijay Pereira of NEOMA Business School. Taking open innovation as an example, Pereira claims that it has proven helpful with firms reporting several

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London’s Transport Innovation Recognised at Start-up Awards

London’s Transport Innovation Recognised at Start-up Awards

By • on January 17, 2022

Cities Today reported that Transport for London was recognized at the 2021 Corporate Startup Stars Awards, receiving the Public Sector Award for Open Innovation. The awards – hosted by innovation advisory firm Mind the Bridge – are given to companies and organizations that have established

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JK Tech Sets Up a $ 100,000 Grant for Startups

JK Tech Sets Up a $ 100,000 Grant for Startups

By • on January 14, 2022

The Title Press website reported that  Digital and IT services firm JK Tech has established a $ 100,000 grant for startups focused on hyper-automation in healthcare / medtech, insurtech, and manufacturing, as well as retail AI / ML. The company said it intends to connect with more startups through

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Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”

Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”

By • on January 13, 2022

Business Wire reported that -Mitsubishi Electric Corporation and Global Brain Corporation have launched  the ME Innovation Fund, a corporate venture capital fund targeting new businesses creation through open innovation that will invest in and partner with startups across the world. The fund will operate

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Tech Beach and Visa Partner to Aid Bahamian and Regional Startups

Tech Beach and Visa Partner to Aid Bahamian and Regional Startups

By • on January 12, 2022

The Eyewitness News website reported that Tech Beach has formed a partnership with Visa that will allow startups and fintech companies in The Bahamas, and other islands throughout the region, to benefit from easier access to the financial systems, scalability, reliability and security insights Visa

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Three Startups Win First-Ever Colgate Connect Challenge

Three Startups Win First-Ever Colgate Connect Challenge

By • on January 11, 2022

Business Wire reported that Colgate-Palmolive announced the winners of the Colgate Connect Challenge, its first-ever global pitch competition aimed at startups from around the world focused on developing world-changing products to promote healthy futures. The challenge sought to connect Colgate with

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