Monthly Archives: July 2009

Open Innovation in China and India

Excellent posting on YouTube of John Hagel III talking about innovation networks and Open Innovation in China. See posting below also on TSMC. Watch this space! As organizations in North America are struggling with the “how”, large Chinese corporates are implementing Open Innovation networks as we speak!

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Guy Kawasaki talks Innovation

Worth watching this interesting and short video from Guy Kawasaki. Always entertaining.

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Open Innovation Initiative in Japan

Interesting to see governments in various parts of the world actively supporting innovation – more specifically, Open Innovation. General Electric has just announced it participation as a founding member of a new Japanese initiative to significantly further innovation in that country in the areas of healthcare, clean energy and the environment. Specifically, the new venture is based on Open Innovation. A total of $9.5 billion will be available as assets of the fund. Read more.

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Razorfish Digital Outlook Report 2009

Companies actually engaged in business model innovation include Virgin, whose prolific brand spans myriad industries; Netflix, whose monthly subscription service disrupted the prevailing product rental paradigm; and Spanish clothing retailer Zara, whose model for design-to-distribution revolutionized the industry.Beyond the innovation hype, real opportunities exist for companies and their brands to endure tough times — and perhaps even flourish through them — by reconsidering business models, especially as relates to digital. No longer simply a delivery channel, digital has evolved to be foundational to business strategy. Read more……..

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TSMC and Open Innovation

When I was in Taiwan not so long ago, I was exceptionally impressed by TSMC’s foray into the Open Innovation space. You might like to read this article for an update. It is heartening to see an organization such as TSMC embracing the Open Innovation paradigm.

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McKinsey and Innovation

Excellent discussion on Innovation from McKinsey.

Robert Atkinson, founder of the Information Technology and Innovation Foundation, and Iqbal Quadir, founder of MIT’s Legatum Center for Development and Entrepreneurship, debate where innovation is moving in the 21st century. At the same time, McKinsey’s Jonathan Bays and Paul Jansendescribe the use of prizes as a way to spur solutions to intractable problems, while Peter Diamandis, founder of the X PRIZE Foundation, shares his perspective on the same subject in an audio interview. There’s much more, including an excerpt from Richard Florida‘s newest bookWho’s Your City: How the Creative Economy is Making Where You Live the Most Important Decision of Your Life

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Henry Chesbrough in Brazil

Came across this excellent slide deck of s seminar Professor Henry Chesbrough gave at a symposium in Brazil last year. Thought you might find it of interest.

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