
Wazoku Continues Global Expansion After Strengthening Latin American Presence
The GlobeNewswire reported that Innovation scale-up Wazoku has continued its global expansion and extended its reach into Latin America with the acquisition of Colombian open innovation crowd Channge. Channge is home to the largest open innovation community in Latin America, solving strategic challenges for enterprises by channeling collective creativity
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Hexion Announces Innovation Challenge
The Business Wire website reported that Hexion Inc., in collaboration with Innoget, is offering an exclusive opportunity for individuals and teams to submit technical proposals based on new renewable resins and raw materials that can be used to formulate more sustainable, lower yellowing coatings. The
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RMI and Emerald Partner to Build an Open Innovation Community
The Yahoo Finance website reported that Rocky Mountain Institute (RMI) and Emerald Technology Ventures are entering a partnership to accelerate decarbonization and the global energy transformation. The partnership aims to support the identification and development of successful startups and form an open
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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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Open Innovation Helps Shape Landscape of IoT Applications
An article on the Nexcom website noted that the Internet of Things (IoT) inspired numerous application concepts, but very few were put into effective practice. The main culprit of this is the vast amount of different protocol standards scattered across the industry, creating communication barriers that
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Organizing Open Innovation: Ecosystems or Communities?
The InnovationExcellence website notes that the concept of Open Innovation (OI) has gained tremendous traction in recent years, as companies realize the potential offered by capabilities, technology and resource outside the organization’s borders. The OI principles outlined in Henry Chesbrough’s