Sunday, July 15, 2018
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“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively.” Henry Chesbrough, Open Innovation: The New Imperative Open innovation reduces the cost of conducting research and increases development productivity. Open Innovation provides special benefits for consumer based businesses. Since it incorporates customers in the early...
Bitcoin disrupted the financial industry by building a virtual bank that operates with help from no intermediaries. This is made possible by its underlying technology, the blockchain. Since blockchain increases transparency and accountability, other industries started adopting it. In this story, we will see how Blockchain is disrupting the auto industry. Before we get started with the use cases of...
How is collaboration accelerating success in the autonomous driving ecosystem?
“Large companies typically fail at disruptive innovation because the top management team is dominated by individuals who have been selected for delivery skills, not discovery skills.” THE INNOVATOR’S DNA,CLAYTON M.CHRISTENSEN The book which deeply influenced Steve Jobs, Innovator’s Dilemma explains how disruptive technologies can cause great firms to fail. Failing to adopt an innovation can cause organizations to fallback. However, adopting...
innovators-connected-beauty
Consumer trends and behaviors are changing rapidly with advances in technology.The keyword "Beauty" is one of the most searched terms on the web with almost 4 billion queries received annually according to estimation by L’Oréal. They want beauty to be closely connected with technology.That's what is connected beauty all about. Nowadays, consumers interested in beauty care want to see how technology can...

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