Section » Open Innovation
Hershey is Sweet on Open Innovation
An article on the Crowdsourcing website noted another sign of corporate America taking open innovation seriously. The Hershey Company, the largest chocolate manufacturer in North America, hosted its first open innovation conference. The huge Pennsylvania-headquartered corporation is engaging with open innovation as part of its strategy to drive global
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Interview with Alexander Osterwalder
The SiliconRepublic website posted an interview with Alexander Osterwalder, author of the best-selling book, Business Model Generation. In the interview Osterwalder noted that in recent years in working with start-ups and large organizations, he noticed many tended to be very product and technology
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Intel’s Martin Curley: “Era of Mass Collaboration”
The SiliconRepublic website reported that Intel vice-president and director of Intel Labs Europe Martin Curley warned that at the present rate of consumption we will soon need two Earths to sustain human life. For this reason, he said the pace of innovation to reduce energy consumption and create
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Thoughts on Open Innovation
The ConsortiumInfo.org website notes that the benefits of open innovation are increasingly recognized today, in part because the Internet has made it possible for so many to collaborate about so much so easily. Governments (e.g., in the U.K.) in particular are beginning to embrace the concept in
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Pioneer of Innovation visits LUT
The Lappeenranta University of Technology website reports that Professor Henry Chesbrough, a pioneer of innovation studies and creator of the Open Innovation research trend, will visit Lappeenranta University of Technology in Finland on May 30, 2013 and give the keynote speech in the Open Innovation
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Bain on Open Innovation
The Bain and Company website posted an article which noted that Open Innovation applies the principles of free trade to innovation, advancing new ideas through the use of tools such as partnerships, joint ventures, licensing and strategic alliances. By collaborating with outsiders—including customers,
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Open Innovation Day in Lyon
The OpenAlps website reports that the Open Innovation Day conference, June 26 in Lyon, will deal with topics such as the challenges of opening the innovation process as a company, models and methods of Open Innovation, tools available to facilitate collaboration with the stakeholders of an innovation
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Chesbrough on Open Innovation in Life Sciences
The journal Nature published an interview with Henry Chesbeough. The article noted that open innovation has taken the business world by storm. In his 2003 breakout book, Chesbrough argued — based largely on observations of the computer industry — that companies need to look beyond their walls
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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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GlaxoSmithKline: Funding Open Innovation
The 4-Traders website reported that GlaxoSmithKline (GSK) has announced a funding injection of up to £5m from the Wellcome Trust to support its open approach to discovering and developing urgently needed new treatments for diseases of the developing world. The funding will move early-stage research
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