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Pioneer of Innovation visits LUT

Pioneer of Innovation visits LUT

By OIC Editor • on May 17, 2013

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 seminar

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Chesbrough on Open Innovation in Life Sciences

Chesbrough on Open Innovation in Life Sciences

By OIC Editor • on May 10, 2013

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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The Business Model, A Canvas for Growing Innovation

The Business Model, A Canvas for Growing Innovation

By OIC Editor • on April 30, 2013

In a post on the Innovation Excellence website, Paul Hobcraft reports on the Business Design Summit held in Berlin April 19-20. The summit became the place for innovation ‘tool-smiths’ to meet and begin forging and crafting new tools needed for innovation. These are aimed to help us in

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Corporate Business Model Innovation

Corporate Business Model Innovation

By OIC Editor • on April 16, 2013

The University of California at Berkeley Center for Executive Education has announced a program on Corporate Business Model Innovation led by Henry Chesbrough, Alex Osterwalder and Steve Blank. The announcement notes that most major corporations limit the scope of their innovation processes to the creation

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Gap Between Innovation Leaders and Followers in the EU Grows

Gap Between Innovation Leaders and Followers in the EU Grows

By OIC Editor • on April 13, 2013

The European Commission has published a study of Innovation in the European Union which found that innovation performance in the EU has improved year on year in spite of the continuing economic crisis, but the innovation divide between Member States is widening. While the most innovative countries

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Study Shows Companies Hungry to Leverage Open Innovation

Study Shows Companies Hungry to Leverage Open Innovation

By OIC Editor • on April 8, 2013

The Sacramento Bee reports that NineSigma, a leading innovation partner to organizations worldwide, has released its Open Innovation  (OI) Scorecard Survey Report. The report presents insights from a survey of over 750 organizations worldwide, regarding their readiness, progress, and results related

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Open Innovation is Solving Some of NASA’s Trickiest Problems

Open Innovation is Solving Some of NASA’s Trickiest Problems

By OIC Editor • on April 8, 2013

The Knowledge@WhartonToday website reported that Dr. Jeffery Davis, responsible for human health issues in space for NASA, has implemented a culture of open innovation not only among his own staff, but throughout the entire agency. Utilizing multiple crowd-sourcing platforms, Davis has proven to colleagues

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The Thinker Interview: Henry Chesbrough

The Thinker Interview: Henry Chesbrough

By OIC Editor • on March 29, 2013

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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Open Innovation at Harvard Med School

Open Innovation at Harvard Med School

By OIC Editor • on March 28, 2013

An article on the MIT Sloan Review website reports on an experiment in open innovation applied to scientific research on Type 1 diabetes at Harvard Medical School. In the traditional research process in academic medicine, a single research team typically carries through each stage of the process—from

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Implementing Open Innovation

Implementing Open Innovation

By OIC Editor • on March 17, 2013

The Crowdsourcing website notes that as knowledge is widely distributed across the external environment, many companies have opened up their innovation process to gain access to the expertise of external parties and existing knowledge from different domains. While earlier literature has demonstrated

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