Archive for March, 2016

The US military will pay you $130k to turn your kettle into a bomb

Sunday, March 27th, 2016

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If you reckon you’ve got the skills to weaponize your household appliances, the US military wants to know. Instead of trying to stop people turning their toasters into deadly weapons, the Defense Advanced Research Projects Agency (DARPA) is now encouraging it.

Known for its off piste projects, DARPA’s latest initiative – Improv – is hoping to understand possibilities of terrorists turning everyday appliances into weapons by crowdsourcing every possible way it could be done.

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The US military will pay you $130k to turn your kettle into a bomb

Customer preferences versus managerial decision-making in open innovation communities: the case of Starbucks

Monday, March 14th, 2016

 

Customers can participate in open innovation communities posting innovation ideas, which in turn can receive comments and votes from the rest of the community, highlighting user preferences. However, the final decision about implementing innovations corresponds to the company. This paper is focused on the customers’ activity in open innovation communities. The aim is to identify the main topics of customers’ interests in order to compare these topics with managerial decision-making. The results obtained reveal first that both votes and comments can be used to predict user preferences; and second, that customers tend to promote those innovations by reporting more comfort and benefits. In contrast, managerial decisions are more focused on the distinctive features associated with the brand image.

Open Innovation | Dr Teh Peng Hong | TEDxTARUC

Monday, March 14th, 2016

Dr Teh’s interests lie mainly in the areas of entrepreneurship and business consultation and he is passionate about sharing his expertise with TAR UC students as well as encouraging entrepreneurship in TAR UC. Graduating with an MBA from the University of Strathclyde and Doctor in Business Administration from the University of Newcastle, Dr Teh is currently a senior lecturer at TAR UC and he has given many workshops on entrepreneurship.

What happens when you bring two innovators together

Monday, March 14th, 2016

Sometimes innovation brings two parties to a completely different spot then they would have conceived of alone.