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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 helped it recover and move on to create new game-changing

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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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Public Innovation Lab Key Initiative for Chile

Public Innovation Lab Key Initiative for Chile

By • on September 1, 2014

The BNAmericas website reported that the establishment of a public innovation laboratory is among the key digital initiatives for the Chilean government in the 2014-18 period. The innovation lab will be operational in 2015, and will focus on the creation of products or solutions that resolve challenges

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Making Open Innovation Stick

Making Open Innovation Stick

By • on August 29, 2014

The Business2Community website noted that the publication, in 2003, of Henry Chesbrough’s book “Open Innovation” spawned a movement that has since swept across the industrial landscape and changed forever how companies think about innovation. The ideas were not new. In some cases they date

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