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Open Innovation Challenge Among Minority Business Owners

Open Innovation Challenge Among Minority Business Owners

By OIC Editor • on May 9, 2012

The sys.con website reported that InnoCentive and the New York & New Jersey Minority Supplier Development Council have announced a challenge seeking to identify innovative products and services that drive sustainability, create supply chain efficiencies, and benefit urban and rural communities and business owners. This Challenge offers

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The Ins And Outs Of Open Innovation

The Ins And Outs Of Open Innovation

By OIC Editor • on May 8, 2012

An article on the Forbes website argues that there is some confusion regarding open innovation, or at least there is a need to cast a wider net around what open innovation is all about.  To understand why open innovation has become so popular over the past few decades, it helps to remember what

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European Open Innovation Summit

European Open Innovation Summit

By OIC Editor • on May 7, 2012

The World Research Group website announced the European Open Innovation Summit in Brussels May 23-24. Some of the challenges in open innovation that will be addressed in this summit include: ownership issues, trust, driving ideas to launch and protecting IP. It is important to develop strategies

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Winds of Open Innovation in Pharma

Winds of Open Innovation in Pharma

By OIC Editor • on May 6, 2012

In a post on the lillycoi website  Tom Krohn notes “the diversity of ways open innovation is manifested.  While some seem to criticize that ‘everything is now open innovation’ I’ve come to appreciate the diversity.  To me it isn’t about what it is called, but rather what it

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Webinar Featuring Innovation Expert Henry Chesbrough

Webinar Featuring Innovation Expert Henry Chesbrough

By OIC Editor • on May 4, 2012

The Breakthroughdigitalmarketing website reports that on Tuesday, May 8th at 1:00 pm EDT, a webinar will be broadcast featuring Henry Chesbrough and William Schulz, Associate Dean of Walden University’s School of Management. Chesbrough is a World Innovation Forum 2012 speaker, and the originator of

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Business Innovation Challenge

Business Innovation Challenge

By OIC Editor • on May 4, 2012

The website PRWeb reports that CanadaOne.com has launched an ‘open innovation project’, the Business Innovation Challenge, to help small and medium-sized businesses discover practical ways to innovate. Companies are asked to share practical things they have done that have improved the

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Zimbabwe:Open Innovation Can Assist Economic Recovery

Zimbabwe:Open Innovation Can Assist Economic Recovery

By OIC Editor • on May 3, 2012

An article on the Allafrica website says that open innovation can kick-start a new entrepreneurial cycle for Zimbabwe. The central idea behind open innovation is that in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or

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Open innovation – are we ready for the change?

Open innovation – are we ready for the change?

By OIC Editor • on May 2, 2012

A blog on the NHH Center for Service Innovation site notes that one of the hottest topics in innovation management is open innovation, but adds that to successfully capture value from its open innovation activities, a company must have the right business model in place that fits the open innovation

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Nokia Sets Innovation Challenge for Kenya

Nokia Sets Innovation Challenge for Kenya

By OIC Editor • on May 2, 2012

The Businessdailyafrica website reports that Kenyan innovators have a chance to showcase their prowess in a new challenge co-sponsored by phone-maker Nokia, infoDev and Capgemini. Creators of the three best ideas will be invited to the second Open Innovation Africa Summit 2012  to be held in Nairobi

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NineSigma Open Innovation AIDS Vaccine Challenge

NineSigma Open Innovation AIDS Vaccine Challenge

By OIC Editor • on May 1, 2012

Crainsclevelandbusiness website reports that NineSigma, which helps companies with technical problems find partners that can solve them, designed and oversaw an open innovation process that resulted in the International AIDS Vaccine Initiative (IAVI) awarding  $875,000 to two researchers. The process

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