Evolving a Value Chain to an Open Innovation Ecosystem

Evolving a Value Chain to an Open Innovation Ecosystem

By • on June 8, 2021

The California Management Review posted an article which noted that while open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an incumbent firm approached such constraints, and

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From Closed to Open Systems: How the US Military Services Pursue Innovation

From Closed to Open Systems: How the US Military Services Pursue Innovation

By • on May 18, 2021

The Taylor and Francis Online website posted an article which noted that the return to strategic competition affects the US military services differently, but all are contending with the challenge of renewing their military advantage against near-peer, technologically advanced competitors. Commercially

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The Effects of Business Model Innovation of Internet Finance Enterprises on Competitive Advantages

The Effects of Business Model Innovation of Internet Finance Enterprises on Competitive Advantages

By • on May 12, 2021

The E3S Web of Conferences website posted a study which noted that business model innovation refers to a means to implement innovation strategy serving as a kind of innovation activity following technological and managerial innovation. In the internet era, driven by the unprecedented development of digital

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Johnson & Johnson Invests in China for Healthcare Innovation

Johnson & Johnson Invests in China for Healthcare Innovation

By • on December 9, 2020

The China Economic Net website reported that global healthcare giant Johnson & Johnson has vowed to further promote an innovation strategy to support China and the world to fight the pandemic and advance the development of public health. With a number of innovative products, technologies and solutions

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Open Innovation Initiatives to Tackle COVID-19 Crises

Open Innovation Initiatives to Tackle COVID-19 Crises

By • on December 7, 2020

The IEEE Xplore website noted that big data and analytics played an important role for open innovation during the pandemic. Sharing data and transferring knowledge between governments, laboratories and research centers helped us to understand the unpredictable spread of COVID-19. This paper explores

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Evolving a Value Chain to an Open Innovation Ecosystem

Evolving a Value Chain to an Open Innovation Ecosystem

By • on December 4, 2020

The California Management Review posted an article which noted that while open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an

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Corporate Innovation and Strategy: Lessons from Silicon Valley

Corporate Innovation and Strategy: Lessons from Silicon Valley

By • on May 18, 2018

The Digital News Asia website reported that Chris Burry, co-CEO of US Market Access Center, highlights the concept of Open Innovation that is already embedded as a useful innovation strategy especially among large tech players. Dell has its IdeaStorm, a website for its customers to share innovative

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Corporate Innovation & Business Strategies Out of Sync

Corporate Innovation & Business Strategies Out of Sync

By • on July 5, 2017

The Consultancy website reported that a new study has found that business strategy and innovation strategy are often not aligned, creating risks of lost revenue, market position and waste. The report highlights a wide range of effort may be required to create a company friendly to innovation. Open innovation

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A Dynamic Business Model Framework

A Dynamic Business Model Framework

By • on April 19, 2017

A post on the Blog of the Garwood Center for Corporate Innovation discussed different types of business models: “Mom and Pop” operations; organizations such as newly entering companies differentiated based on higher performance; companies with good product and process technologies such as

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How Open Innovation Competitions Can Help Solve Problems

How Open Innovation Competitions Can Help Solve Problems

By • on November 6, 2016

The Eco-business website reported that while complex issues cannot be solved overnight, open innovation competitions can bring new technologies and talent together to create new ideas that can change the way we view issues such as food waste. Food waste, which has emerged as a key environmental concern

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