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Please, we need a different Innovation narrative

Paul Hobcraft

Innovation “fights” to attract resources, gain management attention or understand its difficulties in the time it takes, its potential risks and its need for a more ambitious and bold commitment of support. We are shifting critical capabilities that are growing the agility to trial, pilot and learn quickly as information flows in.

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Open Innovation: definition, what types and benefits

mjvinnovation

The English term inbound open innovation refers to a type of innovation that happens when a company appropriates an innovative idea created by other entities, so that it can be transformed through its own innovation process, in order to generate value for itself. Open innovation benefits.

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Choosing your direction of travel

Paul Hobcraft

Currently with narrower vested interests we lock away knowledge that might allow for radical discovery. Both the Chemical and Pharmaceutical Industry are knowledge-based. Much of the knowledge is internal to the people who work within their islands of specific responsibility. It has to be a step-by-step process.