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IBM Open Innovation Challenge

IBM Open Innovation Challenge

By • on September 30, 2014

The Idea Connection website reported that IBM has launched a global open innovation contest to foster the development of new mobile consumer and business apps powered by Watson (a cognitive computing technology). The open innovation contest received several hundred submissions from numerous industries. These were whittled down to just 25 finalists who

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FDA’s 2014 Food Safety Challenge

FDA’s 2014 Food Safety Challenge

By • on September 28, 2014

The Food Safety News website reported that the Food and Drug Administration has launched the 2014  FDA Food Safety Challenge, the FDA’s first open innovation competition under the America COMPETES Reauthorization Act, which grants all federal agencies broad authority to conduct prize competitions

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Can Japan Act Like Silicon Valley?

Can Japan Act Like Silicon Valley?

By • on September 20, 2014

The IEEE Spectrum website noted that during the1970s and ‘80s, Japanese electronics manufacturers reigned supreme but were toppled by more nimble Korean and Taiwanese manufacturers, just as the Japanese had previously dethroned U.S. rivals . But whereas the U. S.’s strength in entrepreneurship

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GE Open Innovation Manifesto

GE Open Innovation Manifesto

By • on September 19, 2014

The General Electric website posted an Open Innovation Manifesto, saying “We believe openness leads to inventiveness and usefulness. We also believe that it’s impossible for any organization to have all the best ideas, and we strive to collaborate with experts and entrepreneurs everywhere who

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Shaping the Future of Open Innovation

Shaping the Future of Open Innovation

By • on September 11, 2014

The Centre for the Advancement of Sustainable Medical Innovation website posted a report which noted that we are moving towards a more open world, which organizations must engage in in order to survive. The traditional linear, in house R&D model is being abandoned and is being replaced by a dynamic

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Problems Worth Solving

Problems Worth Solving

By • on September 10, 2014

An article on the Accountants Daily website reported that Trent Lund, PwC lead partner,  said there’s no shortage of ideas, people or organizations that want to solve the issues confronting communities. “What we’ve found is that Open Innovation is the process through which all of this

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3 Open Innovation Initiatives

3 Open Innovation Initiatives

By • on September 9, 2014

The Idea Connection website reported that three recently launched open innovation contests and product searches in the healthcare and motor industries offer some sweet financial incentives for the winners and are in the healthcare and motor industries the Mobility Experience Challenge, the Chicago Open

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Innovate or Die

Innovate or Die

By • on September 8, 2014

The BBC website noted that with centers around the world employing thousands of researchers and engineers serving all of General Electric’s divisions, you might think the company had innovation covered. But Todd Alhart Todd Alhart of GE Global Research says: “We have a tremendous amount of

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Open Innovation in Healthcare

Open Innovation in Healthcare

By • on September 4, 2014

The HITConsultant website noted that no one is better positioned to identify ways for improving care than patients living with an illness and the practitioners and caregivers who care for them. And yet, historically, physicians, nurses, patients, and other individual inventors have been excluded from

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Executing Lean Growth Strategies

Executing Lean Growth Strategies

By • on September 2, 2014

The Business and Leadership website noted that lean thinking, customer development frameworks and business model innovation are transforming how new products are built and how growth strategies are developed. These frameworks help organizations design products that customers need and help reinvent their

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