The Cosmetics Design website reported that a Good Business Festival took place in the Liverpool City region in the UK, with six events across three days designed to highlight how businesses can drive and shape positive change. As part of the event L’Oreal UK & Ireland led a “Tech for Good” open innovation competition calling on
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A Hackathon to Decarbonize Renault Group Plants
Automotive World reported that Open innovation isn’t just for start-ups. The industry itself is also undergoing an in-depth transformation in order to reinvent itself and anticipate the future. This collaborative challenge – organized with the support of Startup Inside, a specialist in open innovation,
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Advancing Biological Research Through Open Innovation Competitions
The Harvard Business School website posted an article which noted that researchers use open innovation competitions to benchmark their solutions to a particular computational problem, or to generalize their methodologies to instances of the problem for which a solution is unknown. Past examples demonstrate
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Using Technology, Innovation to Solve Climate Change
The website The Hill noted that open innovation — prizes and challenges — is one method to build incentives to tackle the problem of climate change. Open innovation’s breakthrough effect can galvanize others to enter into a space or jumpstart the flow of private capital by serving as a
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Open Innovation: Crowdsourcing for Ideas
The Ontario Centres for Excellence website reported that the approach of open innovation is now being leveraged by government and non-profit organizations to tackle some of the greatest challenges faced by humanity. By identifying a problem and offering incentives to solution providers to bring forward
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