Section » Innovating Companies
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 a smarter, more sustainable planet is critical. Curley,
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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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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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If You Can’t Win, Change the Game
The Memphis Daily News published an article noting that in today’s dynamic world it is imperative for companies to continually realize growth through a sustainable competitive advantage. The trouble is that every innovation is just one new innovation away from becoming obsolete. How do proactive
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GE Takes a Quirky Approach
The Innovation Excellence website reported that GE and Quirky have formed a new partnership, where GE will make some of its library of patents available as part of Quirky’s new inspiration platform, allowing inventors to use some of its patents in their potentially novel consumer product invention
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Opening Industry-Academic Partnerships
Science magazine posted an article by Chris Tachibana which noted that research and development today is about networking, sharing, and partnering. Collaborations between industry and academia are promoted by open innovation programs, which have become a near-universal model for R&D. Pharmaceutical
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Innovation Teams Don’t Work
An article on the VentureBeat website discusses strategies companies use to successfully grow while maintaining a culture of innovation. Two key characteristics of successful “innovation cultures” are that the job of innovation belongs to everyone in the company and that innovation requires
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Gap Between Innovation Leaders and Followers in the EU Grows
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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Do Patents Promote Innovation?
An article on the he IPWatchdog website notes that the emergence of mobile computing as a technology platform has been a game changing development in many ways. The ability to be connected anywhere and to have real time information at our finger tips has transformed the way we do business and live
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Indian Companies Need to Embrace Open Innovation
The Business Line website noted that Indian organizations can benefit from adopting an open innovation philosophy. At the strategic and system integration level, both Tata Motors and Mahindra have demonstrated its utility. Tata Motors’ entry into the small car market via the Indica, and Mahindra’s
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