Section » Developing
Open Innovation for Reality Glasses
The IdeaConnection website noted that augmented reality glasses are hitting the news in a big way. They provide views of the real-world augmented by video, graphics and sound. One company in this space is Epson with its Android-based Moverio glasses. They went on sale last year and provide a transparent display that connects to Wi-Fi and can project
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Open Innovation Day: Lyon, France
The Open Alps website announced an Open Innovation Day Conference to be held on June 26 in Lyon, France. The Open Innovation Day will deal with topics such as the challenges of opening your innovation process as a company, models and methods of Open Innovation, tools available to facilitate collaboration
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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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Corporate Business Model Innovation
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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Open Innovation and Business Models for SMEs
The Big Innovation Centre announced that there will be a presentation by Professor Solomon Darwin of the Berkeley Innovation Forum on May 3. Dr. Darwin will discuss how open innovation looks at the adaptation of current business models by embracing ideas and technology from outside of the organization.
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Do-it-Yourself Open Innovation
The InnovationManagement website noted that to succeed in a fast-paced competitive global economy, small and medium-sized entities (SMEs) are increasingly adopting Open Innovation (OI) management strategies. A lack of resources, however, frequently requires SMEs to implement OI strategies on their
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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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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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