Saturday, May 26, 2018
Blog Page 16
Intellectual Property with Open Innovation
Intellectual Property with Open Innovation Open innovation empowers new product development and has been the driving force of sustainable innovation for several companies over the decades. While it accelerates innovation and reduces time to market, open innovation poses a few challenges when it comes to managing intellectual property (IP). However, to succeed in a collaborative open innovation environment, companies need to...
Universities for Open Innovation | Ideapoke
Universities for Open Innovation University and Industry collaboration has had a positive impact on technology and scientific studies over the years. With an increasing number of businesses relying on ‘open innovation’, the importance  of this collaboration is only increasing. The Nokia Research Centre actively engages in open innovation through strategic academic partnerships with leading institutions like MIT, Stanford, and University of...
Technology scouting & Open Innovation
Customers attentions spans are growing shorter. They need variety. Increasing their product portfolio, is a key growth source for most companies. However, developing a new product has it’s own inherent risks. Yet companies still need to come up with new innovations to keep pace with rapidly changing consumer tastes and technology. Alan G. Lafley, CEO of Procter & Gamble, an...
Leveraging Open Innovation vs Closed Innovation as a Business Strategy
Open Innovation vs Closed Innovation as a Business Strategy Innovation is not a choice. It’s a necessity. In order to not just survive, but thrive, companies need to adapt and continuously innovate to develop new sources of competitive advantage. Andy Grove, CEO, Intel Corporation, says of innovation in his book “Only the Paranoid Survive”: “Strategic inflection points offer promises as well...

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