Saturday, March 23, 2019
Blog Page 19
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...
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...

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