Monday, November 19, 2018
Blog Page 17
Crowdsourcing to Drive Innovative Solutions for Civic Issues In view of the challenges created by growing urbanization, dense population concentrations and limited budgets, many local governments are turning to innovative methods to find solutions to civic issues. Taking a cue from how many large corporations have used crowdsourcing and open innovation to solve complex problems and create innovative consumer products,...
Open Innovation partnerships
Universities Pursue Open Innovation Partnerships with Companies The innovation landscape has changed dramatically over the last 20 years. Companies have now become comfortable with the idea of leveraging open innovation to help develop new products. Many companies in fact now favor collaborative innovation with universities and other organizations, instead of maintaining expensive in house research wings. Given that academia is...
Open innovation for Building Smarter Cities
Role of Open Innovation in Building Smarter Cities. The world has come a long way from a mainly rural and agrarian society just a century ago. Today, over half of the world’s population lives in urban areas. According to the World Health Organization, up to 70% of the world’s population will be living in cities by 2050. If you’re reading...
Open Innovation in the Consumer Goods Sector
Open Innovation in the Consumer Goods Sector For consumers today, the rapid pace of innovation in technology related products has led to similar expectations from other everyday products. Consumers have come to expect, and even demand, innovative solutions and products in almost every industry. Large organizations typically invest heavily in research and development. The driving force behind this goes beyond...

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