Archive for February, 2015

Samsung, Apple, P&G – Different takes on Co-Creation and Open Innovation

Monday, February 16th, 2015

A really well researched article about open innovation and how it relates to Michael Porter’s 4 fundamental business models  (or really doesn’t) as well as some digging into papers and archives predating Chesborough’s book on Open Innovation.

 

https://smbp.uwaterloo.ca/2015/02/samsung-apple-pg-different-takes-on-co-creation-and-open-innovation/

BASF starts Open Innovation contest on energy storage

Saturday, February 14th, 2015

LUDWIGSHAFEN, Germany, Feb. 10, 2015 /PRNewswire/ — The Open Innovation Contest BASF is starting today aims to find ideas to store energy from renewable energy sources. The context calls for sustainable technologies which are capable of storing power from the grid and feeding it back into it. Together with companies, scientists, start-ups and inventors, BASF is looking for efficient solutions to store electricity on a long-term basis, which are financially viable, for example through lower investment costs. Innovative chemistry should play a central role in the submitted proposals.

Ideas can be submitted online until June 2, 2015, at NineSights (www.ninesigma.com/). BASF employees are excluded from participation. A jury of BASF experts and external specialists will choose the best proposals and award up to five winners. The winners will be announced in November 2015. Each of them receives a prize of €100,000. The winners also have the chance to collaborate with BASF in a research project based on their idea.

 

http://www.prnewswire.com/news-releases/basf-starts-open-innovation-contest-on-energy-storage-300033890.html

 

BASF Corporation Logo

 

GE Goes “Open Innovation”

Thursday, February 12th, 2015

It seems more and more companies of size who are capable of shaking NMHS  (Not Made Here Syndrome) are coming to the realization that they can’t afford to ignore what the world is doing.  As big as GE is, they understand that they are only a sliver in the tree of world wide innovation.

Spend a few moments and read GE’s Open Innovation Manifesto.

I love the first line; “We believe openness leads to inventiveness and usefulness.”

Kudos to GE.

 

http://www.ge.com/about-us/openinnovation

 

File:General Electric logo.svg

 

Open Innovation primer

Saturday, February 7th, 2015

Okay.. it’s a sales pitch for a 6 day open innovation course, still there is far more information than sales pitch going on so I recommend taking the 6 minutes watching it.  It is well made and well produced, and who knows, maybe you’ll find the course of interest.  It comes complete with dramatic music and no speech  hence, no speakers are required.