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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Co-Innovation and startup engagement. Most companies are not targeting mobile products and capabilities in their innovation efforts.

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Companies betting big on open innovation

hackerearth

The world’s largest networking company has Innovation Centers around the world which are open innovation hubs to help explore and develop new technologies by “bringing together communities of customers, partners, start-ups, accelerators, governments, universities and research groups.”

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/.

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Top funds for innovative ideas and startups: Asia — India

hackerearth

Another initiative, the Foundation for Innovation and Social Entrepreneurship (FISE) set up by Tata Trusts in 2016 to fund startups with social impact (uncertain business models with much risk some would say). India Innovation Fund.

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7 Habits of Highly Innovative Companies

ITONICS

Digital innovation is taking over and brings innovation management to a whole new level. Companies have already started linking innovation to data analytics to solve a variety of problems.

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A New Way of Thinking About the Automotive Industry

Qmarkets

Furthermore, as one billion people get in and out of cars every single day, McKinsey forecasts that aggregating and selling data from these vehicles could grow into a $450 to 750 billion market by 2030. On the 6 th of July Qmarkets will host leaders from a variety of organizations at the Munich Automotive Innovation Day 2017.