Hyundai Group’s Innovation Conclave Offers Glimpse into Promising Future Tech from Start-ups

Hyundai Group’s Innovation Conclave Offers Glimpse into Promising Future Tech from Start-ups

By • on November 23, 2021

The Autocar Professional reported that on Nov.22 the Hyundai Motor Group held the ‘2021 Open Innovation Lounge for demonstrations of new technologies with promising domestic and foreign start-ups at the Hyundai Motor/Kia headquarters. The Open Innovation Lounge is Hyundai Motor Group’s open innovation product development platform, launched

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Seven Myths and Missteps of Innovation Culture

Seven Myths and Missteps of Innovation Culture

By • on November 16, 2021

The Sifted website noted that open innovation offers great potential, especially with the scale which modern technology and workforce engagement platforms offer. But the mantra that ‘everyone has a role to play in innovation’ is perhaps overly simplistic. Deloitte’s  Catherine Wallwork cautions

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Effect of Transformational Leadership on Open Innovation Through Innovation Culture

Effect of Transformational Leadership on Open Innovation Through Innovation Culture

By • on October 1, 2021

The Taylor & Francis Online website posted a study which designed a framework to describe how leadership interplays with the innovation culture and the firm’s absorptive capacity to enhance open innovation. The results show that transformational leadership positively impacts the outbound open innovation

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Inculcating an ‘Innovation by Design’ Culture in Organizations

Inculcating an ‘Innovation by Design’ Culture in Organizations

By • on April 1, 2021

The People Matters website posted an article which noted that organizations have realized that innovation does not only happen within an organization. Many times, it needs an external partner who can help inspire, discover or define opportunities i.e. through “open innovation,” i.e. by interacting

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Banking on Fintech Collaboration and Partnership

Banking on Fintech Collaboration and Partnership

By • on July 26, 2019

The IT-Online site noted that if banks are to modernize their business models to better serve their customers and meet their high expectations for convenience and value – their operating models must change. It is not only banks’ operating models that are not adequately suited to modern demands. The

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5G as an Innovation Platform

5G as an Innovation Platform

By • on February 26, 2019

The Civil Service World website noted that to become true digital service providers, operators will need to transition from ‘closed’ to ‘open’ innovation models.  We began to see the power of open innovation with Apple’s iPhone app store and the emergence of open source software, which both

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Time to Light a Fire: Building a Culture of Innovation

Time to Light a Fire: Building a Culture of Innovation

By • on September 17, 2018

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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Mark Samuels on Open Innovation in Pharma

Mark Samuels on Open Innovation in Pharma

By • on April 10, 2018

The Pharma Times Online website posted an interview with Mark Samuels, chief business and strategy officer of the new Medicines Discovery Catapult, on the role of open innovation in big pharma: “I think collaborative research is increasingly important. Benefits of open innovation include access

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Partnership Creates an Open Innovation Culture

Partnership Creates an Open Innovation Culture

By • on October 30, 2017

The Drum website reported that Publicis Communications will aim to scale its client offering through a new partnership with the innovation hub Plexal. Guy Wieynk of Publicis said,“We want to be able to work with more startups as it was clear that there was no way that companies were able to answer

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Digital Transformation Leaders Adopt Open Ecosystems

Digital Transformation Leaders Adopt Open Ecosystems

By • on October 23, 2017

The Business Technology Roundtable website posted an article which discussed “Why Open Innovation Ecosystems Matter”: “As internal resistance to change is overcome, the connected economy will become even more connected, with success relying on participation in a broader business ecosystem.

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