new technologies

Open Innovation in SMEs

Difficult market conditions force SMEs to adapt or reinvent their businesses through new technologies or unique value propositions, but they often lack resources and technical capabilities and must thus collaborate with others to compete. Those that succeed in this transition often employ open innovation. A study by Dr Wim Vanhaverbeke, in collaboration with Ine Vermeersch and Stijn De Zutter found that open innovation can create new opportunities for all types of SME – from start-ups in high-tech markets to players in traditional markets – because they can change business models without having the required technologies in-house.

How to Get Rid of Old Ideas?

Have you participated in a brainstorming session that felt like wasted time? For some reason no new and interesting ideas were formed? Perhaps you need to get rid of your old ideas first! Gis van Wulfen explains.

Reducing Congestion – Courtesy of Technology and Business Model Innovation?

Congestion is a growing problem in towns, cities and on motorways the world over as the number of cars continues to increase. Two, currently separate but potentially converging developments, namely seriously smart driverless cars and shared ownership schemes, could reduce car ownership and congestion, while still ensuring – even extending –mobility and independence.

Five Dimensions to Conceptualize Your Idea to Make it a Successful Innovation

When conceptualizing a new idea, it is essential to direct the thinking to specific dimensions and search answers to certain questions to help evolve the idea from the initial thought through the various stages of innovation. This article suggests a framework for conceptualizing an idea and helps develop an understanding of the dimensions and questions that you need to consider.

4 Key Success Factors That Can Enable a Higher Return on Innovation

In a slow or no-growth environment, we know successful innovation is absolutely essential for companies to establish and maintain a competitive advantage. While that may be yesterday’s news, achieving it is hard work. How can you achieve high value from your innovation initiatives? In this article Adi Alon discusses four key success factors that can help you get a higher return on innovation.

Empowering People Through Innovations

Innovation is a powerful tool, not only to create competitive organizations, but also to improve the daily lives of people in developing countries and emerging markets. Innovations can in many cases make a critical difference and contribute to empower people and make the world a more equitable place to be.

Innovating by combining existing things in new ways at Deutsche Post DHL

Petra Kiwitt is Executive Vice President of DHL Solutions & Innovations at Deutsche Post DHL. The Group with nearly 500.000 employees in 220 countries provides package and mail services as well as comprehensive logistics solutions for customers all around the world. Petra Kiwitt’s biggest challenge is to stimulate and coordinate innovations which ultimately will lead to even more efficient logistic solutions for the customers. A new built Innovation Community brings people together, lets them share ideas and sometimes encourages them to do ‘old’ things in new ways.

Co-Innovating for the Future

Realising the limitations of their own knowledge, and internal R&D capabilities, an increasingly high number of companies are currently making the decision of partnering externally to develop new technologies. Companies’ interactions with their business partners or even competitors are becoming more and more frequent.

Saving the Climate is Saving the Business – Aligning Sustainable and Open Innovation

''Climate change is a result of the greatest market failure the world has seen. The evidence on the seriousness of the risks from inaction or delayed action is now overwhelming. We risk damage on a scale larger than the two world wars of the last century. The problem is global and the response must be a collaboration on a global scale.'' (Professor Lord Nicholas Stern, London School of Economics, at Royal Economic Society Manchester, November 2007, guardian.co.uk)

The New Nature of Innovation Revealed

The paradigm of innovation as driven primarily by technology and science is passé. A new paradigm is emerging, with the publication of success stories of companies innovating through other ways. The Danish and Finnish governments jointly funded a study into the new nature of innovation, as a contribution to the OECD’s work on innovation strategy. Innovationmanagement.se asked the FORA team behind the report to present the highlights. FORA is a research and analysis division under the Danish Authority for Enterprise and Construction

Adding Value to Customers Through Collaborative Innovation

The role of innovation in industry has changed. What used to be a closed and often secretive exclusive business of the R&D department is now being transformed to an open and collaborative eco system in many companies. InnovationManagement.se spoke to GBS Bindra, Global Innovation Director at Logica about the role of innovation.

Focus on Business Model Innovation and Increase Growth

There are many different types of innovation, but business model innovation shows the strongest correlation with increased operating margin. Focus on Business Model Innovation is the first in a series of five articles by Gunjan Bhardwaj, head of Ernst & Young´s Global Business Performance Think-tank. The topics of the other articles are: Disruptive Innovation; Innovation in Networks; Social Innovation; and the Impact of Location on Innovation.