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Open Innovation Makes Outstanding Products

Open Innovation Makes Outstanding Products

By • on April 26, 2015

The trend is for both employers and employees to have the flexibility to move outside the bounds of their specific role with the freedom to be creative; there are no longer borders that separate R&D from the rest of the company. – See more at: http://www.innovationexcellence.com/blog/2015/04/25/one-weird-thing-that-makes-outstanding-products/#sthash.8ffkX0jd.dpuf The

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NASA Opens Its Data

NASA Opens Its Data

By • on April 23, 2015

The Arc website reported that NASA is giving away its data to developers looking to integrate the endless volume of space into their apps. The NASA Data Portal is a project from the agency’s open innovation team to set NASA’s data free. The Data Portal contains a library application programming interfaces

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Open Innovation in Marine Biotechnology

Open Innovation in Marine Biotechnology

By • on April 20, 2015

The Fish Site website reported on the first ever study of the use of open innovation in the marine biotechnology sector, in which researchers found that companies in Oman’s marine and fisheries industries were commonly developing new knowledge mainly from ‘market-based’ sources, such as customers,

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What’s Boosting U.S. Manufacturing? Networked Innovation

What’s Boosting U.S. Manufacturing? Networked Innovation

By • on April 19, 2015

The Wall Street Journal noted that the trend toward “networked innovation”–an updated version of the “open innovation” concept popularized by University of California at Berkeley business strategist Henry Chesbrough–is encouraging. It indicates that businesses recognize that to remain competitive

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What Makes Corporations Stop Innovating?

What Makes Corporations Stop Innovating?

By • on April 17, 2015

On the e27 website author and retired serial entrepreneur-turned-educator Steve Blank explores the billion dollar question – why can’t most corporations be as innovative as startups? In a large company, fear of failure inhibits speed and risk-taking while in a startup fear of failure drives speed

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Open Innovation Critical for Banks

Open Innovation Critical for Banks

By • on April 15, 2015

An article on the EuropeanCEO website noted a new report by Accenture  which said that the massive investment in fintech shows that the digital revolution is well advanced in financial services, and it is both a threat and an opportunity for banks. The report suggests that many well established banking

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Taking the Fast Lane With Open Innovation

Taking the Fast Lane With Open Innovation

By • on April 14, 2015

The Baseline website noted that open innovation is helping leading enterprises address many challenges. Using open innovation organizations can leverage external technology, solutions,  and knowledge capital from startups, universities and other research organizations early in their innovation process.

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New Frontiers in Open Innovation

New Frontiers in Open Innovation

By • on April 13, 2015

The Exnovate website posted an announcement of the new book, “New Directions in Open Innovation” edited by Henry Chesbrough, Wim Vanhaverbeke and Joel West. The  book seeks both to integrate a decade of prior research on open innovation and to engage the academic community in fostering new

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Building Business Models

Building Business Models

By • on April 11, 2015

The LiveMint website noted that the reason a business model exists is because it articulates how a business creates, delivers and captures value. This is vital. Then why aren’t there as many books on business models as there are on strategy? The answer is perhaps linked to another question: why don’t

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Refections on 1st World Open Innovation Conference

Refections on 1st World Open Innovation Conference

By • on April 8, 2015

The Garfield Center for Corporate Innovation reported that on December 4-5, 2014, Napa Valley became a get-away for Open Innovation academics and industry leaders–an international gathering place for the 1st Annual World Open Innovation Conference (WOIC). Open Innovation experts conglomerated in one

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