The Rise of Digital Partnerships

The Rise of Digital Partnerships

By • on February 11, 2016

The ITProPortal reported that Accenture’s report on Harnessing the Power of Entrepreneurs to Open Innovation found that 78 per cent of large organisations believe that working with entrepreneurs is important or critical to their own growth and innovation. Large businesses also expect the proportion of their revenues generated by collaboration with

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Societal Innovations to Tackle Burning Challenges

Societal Innovations to Tackle Burning Challenges

By • on February 2, 2016

The New Europe website reported that a socially motivated and open innovation ecosystem is at the heart of the new generation of innovation activities – complex and global by nature, and emerging through online community participation. The  number one priority of the European Committee of the Regions

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How to Drive Business Model Transformation

How to Drive Business Model Transformation

By • on December 13, 2015

An article on the Sustainable Brands website asked the question: how can big brands really pioneer business model shifts from within a company with established practices and traditions? The article then offered some the underlying principles of business model shifts, as well as providing real-life examples

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Harnessing the Power of  Entrepreneurs to Open Innovation

Harnessing the Power of Entrepreneurs to Open Innovation

By • on November 25, 2015

A report by Accenture noted that one beacon that has drawn large companies and entrepreneurs together is “open innovation,” a concept introduced more than a decade ago that has since become a catchphrase for a broader and deeper form of collaboration. Yet they contend in this report that large companies

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Big Companies Struggle with Innovation, Must Give Way to Entrepreneurs

Big Companies Struggle with Innovation, Must Give Way to Entrepreneurs

By • on November 16, 2015

The Crowdfund Insider website reported that global consulting firm Accenture has published research reflecting on how difficult it is for big corporations to incorporate an innovation culture: One that not only embraces change, but empowers it to thrive. The journey to open innovation requires large

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Cultural Barriers to Achieving Open Innovation

Cultural Barriers to Achieving Open Innovation

By • on November 3, 2015

The Business Wire website reported that as corporations seek greater revenues from working with entrepreneurs, large and small businesses are failing to use digital collaboration to innovate together, according to new research by Accenture. As a result, they are putting at risk a $1.5 trillion growth

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Open Innovation: Involve Customers

Open Innovation: Involve Customers

By • on March 15, 2015

An article on the LinkedIn website noted that when it is executed correctly there are a plethora of benefits to Open Innovation. One of the most beneficial consequences is the organic publicity that this type of platform generates, with individual proposals receiving hundreds of thousands of views, and

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Fear of Stolen Ideas

Fear of Stolen Ideas

By • on February 2, 2015

The Intrepreneur website noted that many companies have embraced open innovation. These companies are actively seeking out product ideas from inventors. The reason why is simple. At the same time that a company is able to lower its internal Research  & Development costs, it magnifies its chances

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Open Innovation Basic Ingredient of Chez Panisse’s Success

Open Innovation Basic Ingredient of Chez Panisse’s Success

By • on January 15, 2015

The NewsWise website reported that the groundbreaking restaurant Chez Panisse’s strategic use of branding its suppliers’ names on the menu is a prime example of the “open innovation” business model at work. A case study, “Chez Panisse: Building an Open Innovation Ecosystem,”  found

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Seminar: Open Innovation and Corporate Entrepreneurship

Seminar: Open Innovation and Corporate Entrepreneurship

By • on November 20, 2014

The ABIS Global site announced that an Open Innovation and Corporate Entrepreneurship Seminar will be held at the ESADE Business School, Barcelona, Spain on May 18, 2015. Henry Chesbrough, Ken Morse and Wim Vanhaverbeke, the three renowned experts who have been helping companies find the right paths

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