Effective communication is the essence of open innovation

November 01, 2018
Industrial agriculture is a highly complex operation. We've practiced agriculture for some 12,000 years, and in that time have continued finding innovative ways to feed a growing population. Dow AgroSciences is very open about the complexity of their R&D pipeline. They told Grainews in 2016 that,... Read More

Westinghouse: building a step-ladder to usable innovation

September 20, 2018
There's a reason research and development funding accounts for about 3% of GDP. It's the same reason Amazon, despite already being among the world's leading global enterprises, spent $22.6 billion on R&D last year, and why the pharmaceutical industry as a whole dedicates 18 percent of its entire... Read More

Is your finger on the pulse of your industry's innovation?

August 09, 2018
There’s a seismic shift underway in the nature of innovation management. All the momentum that was once with the wealthiest, most resource-rich enterprises has changed hands; it’s now at the command of organizations that pay the closest attention to externally originating innovation opportunities. Read More

Innovation as a process: Why crowdsourcing ideas isn’t enough

July 17, 2018
Crowdsourcing isn’t new as an innovation technique. We can find large-scale examples of it going as far back as the 1700s, like when the British government offered more than $26,000 to whoever could figure out how to determine longitude at sea. It’s the way we go about crowdsourcing that has... Read More

What New Tech Scouting Teams Need To Know

April 04, 2017
New tech scouting teams need to establish a clear scouting process early on to avoid mistakes down the road. Most scouting units are less than three years old, and as such, many are still experiencing growing pains and uncertainty. If your company has recently formed a scouting unit, there are some... Read More

Tesla, Patents, and Open Innovation -- Oh My!

July 11, 2014
Few people can start a buzz quite like Elon Musk.  Even his cars get people to stop and stare as they drive down the street.  Me? I actually offered a guy at my gym money if he’d let me drive his Model S around the block.  (He declined. Turns out if you spend $70,000 on a car, you’re not willing to... Read More

3 Reasons Innovative Products Fail

March 10, 2014
Last week Barcelona was the place to be with both the colossal Mobile World Congress and the much more targeted Breakthrough Innovations (BI) conference. BI was focused on innovative product development with product leaders from a range of industries, including telecom to consumer products to... Read More
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