Unilever Seeks Supporting Solutions via its Open Innovation Portal
The Yet 2 website reported that consumer product giant Unilever has set out a “new range of measures and commitments designed to improve the health of the planet by taking even more decisive action to fight climate change, and protect and regenerate nature, to preserve resources for future generations.” Unilever’s open innovation initiative, and
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Developing New Open Business Models
The Sage Publication website reported on a study which noted that companies can create value by effectively applying and managing open business models. The study used examples from Unilever to show how a firm can combine and integrate its assets, capabilities and skills with those of its partners to
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Innovation in the Open
An article on the Chemistry World website noted a trend in open innovation: rather than drawing start-ups closer to obtain their intellectual property, some firms are shifting to a more collaborative approach. This strategy foresees collaboration agreements, or business support, and subsequent shared
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Crowdsourcing Content Shifts to Open Innovation in Japan
The Campaign website reported that “Open innovation” is the buzzword of the moment in Japan, with a number of large, well-established companies looking to become more agile and bring outside intelligence into their organizations. But while the term may be fashionable, relatively few firms fully
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Why Innovation Must Come From External Sources
The Marketing Mag website noted that ten years ago Open Innovation was seen as cutting edge and high risk; what’s emerged is innovation best practice that enables customer collaboration to solve business and social problems with increased speed and efficiency. Conventionally, multinationals have
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Have an Idea for the Future of Food?
The Sustainable Brands website reported that Food Matters Live is hosting the 4th Food & FMCG Innovation Pitching Event on November 17th. Individuals, research centers, and companies of all sizes are invited to pitch to members of the Open Innovation Forum with solutions that address their business
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To Succeed Innovative Companies Need to Be Decisive in Opening-Up
Virtual Strategy Magazine reported that results from a new national survey shows companies adopting open innovation (OI) to out-pace competitors and lead their industries in an increasingly aggressive global landscape. The research was conducted by Harris Poll on behalf of NineSigma, and tapped over
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Collaborative Networks: Platforms & Peer Communities
The Your Story website reported on the growing trend of collaborative platforms, marketplaces and peer communities. Unilever has launched Open Innovation Challenges, co-creation centers called The Pitch, and an entrepreneur portal called Foundry. It has set new standards for responsible reduction of
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Open Innovation and the Public Sector
An Op-Ed in the Digital Journal website argued that local and central government bodies should copy some of the large company trendsetters in open innovation. They should specify the results that they want rather than how exactly procured services should work. They should have a separate budget for truly
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Open to Innovation
The Financial Express website reported that the Mahindra Group launched India’s biggest innovation prize—the ‘Rise Prize’ which offers $1 million for ideas and innovations involving the ‘Mobility Challenge’, which invites solutions for driverless cars in India, and the Solar Challenge for
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