The “godfather” of the open innovation approach, Prof. Henry W. Chesbrough, made companies an offer that they could not refuse: fling the doors of your R&D centers wide open to become more competitive ...

At Managing IP’s India IP and Innovation Forum last week, in-house counsel discussed why large companies are increasingly adopting open innovation systems The fundamental question is what constitutes ...

As part of Booz & Company’s annual study of the innovation strategies of the world’s highest-spending companies on R&D, the firm conducted a survey that asked senior innovation executives to vote for ...

WEST LAFAYETTE, Ind. — The idea of open innovation practices is embraced by U.S. and European companies but not always utilized strategically, according to a new joint study conducted by Purdue ...

Just under 43% of you expect get either breakthrough innovations or significant new market opportunities through open innovation. Fully one third of respondents anticipate that the results of open ...

There are few organizations that don’t wish to innovate, but whilst most aspire to develop creative new products, services and processes, the evidence is mixed as to their ability to do so ...

Writing in the Financial Times, Louise Lucas discusses how "open innovation"--the concept of corporations partnering with outside engineers and designers to develop new products-- has evolved since ...

A new mode of innovation is emerging that blurs the lines between universities, industry, governments and communities. It exploits disruptive technologies — such as cloud computing, the Internet of ...

In the ever-evolving landscape of modern business, the pressure to innovate is relentless. Organizations are constantly pushed to develop state-of-the-art products, services, and business models that ...