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Winners of Nokia’s 2016 Open Innovation Challenge Announced

IdeaConnection

A big round of applause is due to the winners of Nokia’s 2016 Open Innovation Challenge, a global search for the next big ideas in the Internet of Things (IoT). The first prize was awarded to CUJO for a firewall that’s designed to bring business level security to the home.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

On top of this, from an incumbents’ point of view, there are legitimate reasons for rejecting a new technology. But incumbents would be willing to make changes if a new technology proves to be truly disruptive and the long-term benefits are worth it. It will become a hotbed for innovation in 2016 and the coming years.

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Top funds for innovative ideas and startups: Asia — India

hackerearth

Big companies are relying on mergers and acquisitions, joint ventures, and licensing, with huge funds set aside to grow and consolidate, for continuous and disruptive innovation. Source: Stanford Social Innovation Review. It is an autonomous body of the Department of Science and Technology (DST). Part 1: India. Read more here.)

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The Future of Corporate-Startup Collaboration

The Inovo Group

New software technologies and tools will make it possible to create Startup Collaboration Platforms that enable the relationships to become more automated, structured and efficient. They had recognized that many innovative initiatives fail in the early stage of development due to, among other things, a lack of secure funding.

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7 Habits of Highly Innovative Companies

ITONICS

Often, it’s due to the speed at which they can innovate and this has a lot to do with their size. In 2016, Harvard Business Review conducted a survey of 3500 company employees from Canada, UK, U.S., Audi won big time from its Audi Ideas Program. Interestingly, Gmail , Google News , and AdSense evolved out of 20% projects.

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Automakers Must Partner Around Big Data

Corporate Innovation

Tesla has taken a lesson from Apple, Google, Facebook and Amazon, four companies that obsess about connecting pieces of data and using it to better understand their consumers and tailor their services to provide the right experience. Consider Nissan’s work in designing the NY taxis.