Open Innovation: New Opportunities in Food Manufacturing
The Food Manufacturing website noted that open innovation (OI) is the systematic inclusion of parties outside your four walls and outside your existing networks. Companies practice open innovation because they want to reduce the time it takes to get to market, avoid getting trapped by their own thinking, and pursue with agility new opportunities
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Multinational Food Company Launches New Challenge
The Web Innovations site reported that a multinational food company with operations in South Africa has launched a new challenge on the Open Innovation Solution Exchange, a platform hosted by The Innovation Hub, in Pretoria. The food company is looking for a solution to optimize the decoloration of
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The Thinker Interview: Henry Chesbrough
Forbes India published an interview with Henry Chesbrough, who is considered the father of open innovation. In it he discusses the development and evolution of open innovation, open business models, open services innovation, innovation communities, some of the barriers to open innovation, open innovation
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Can Open Innovation Offer an Alternative to Patent Disputes?
The Computer Weekly website notes that it often seems that the real winners in fights over patents are the lawyers and that the struggle to guard innovative developments only leads to added inertia for future innovation. However, perhaps there is light at the end of the tunnel, as an emerging breed of
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How Crowdsourcing Impacts Innovation
The Crowdsourcing website notes that the Internet has had a profound influence on innovation practices. Crowdsourcing has tipped the innovation balance from the domination of large corporations towards smaller entities and access to these innovation sources has become an important part of innovation
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What is Connect + Development?
The pgconnectdevelop website explains Procter & Gamble’s Connect + Develop: “It’s our version of open innovation: the practice of tapping externally developed intellectual property to accelerate internal innovation and sharing our internally developed assets and know-how to help
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Open Innovation in Pharma
The Genetic Engineering and Biotechnological News website posted an article which notes that as many big pharmas are maturing they have become more akin to manufacturing organizations with less internal innovation. This is where accessing science from academic centers of excellence and SMEs can help;
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P&G Names Top 7 Open Innovation Partners
The consumergoods website reports that Procter & Gambles’ (P&G) top Connect+Develop (C+D) open innovation partners have helped get products to market in half the time; drove global innovation breakthroughs; helped build connections, collaborations and product equity; and this week, as part
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Product Licensing in the Era of Open Innovation
A blog on the website core77 discusses the uses of open innovation in product licensing in the design industry. The article notes the problems young designers have in getting their work licensed, but argues that the new open innovation space is an exciting alternative. There are so many more companies,
Open Innovation Bears Fruit for General Mills
In an article on the Industryweek website Jeff Bellairs, director of General Mills Worldwide Innovation Network, writes that he’s learned that when you start an open-innovation program, it’s critically important to expect, address and embrace significant culture change within your organization