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  1. Open Innovation - latest methods for tech acquisition Locked

    Quick Insight | Posted: 2006-06-28

    At Management Roundtable's "Open Innovation and R&D Alliances" workshop held June 5-6, 2006 in Cambridge MA,itwas clearthat themain motivation behind many partnerships is to acquire new technologies. The session, led by noted alliance expert Gene Slowinski of Rutgers University, was attended by R&D executives from awide range of global companies - including makers of everything from food, cosmetics, paperandgreeting cards to pharmaceuticals, oil, aircraft, automotiveand electronics. Yet, despite the diversity, certain insights and practices emerged that were common to all. (Summary inside)

  2. Want, Find, Get and Manage for Success: An Open Innovation Overview Locked

    Quick Insight | Posted: 2006-04-24

    Interview with Gene Slowinski, PhD Gene Slowinski, an expert on alliances and co-author of the recent book The Strongest Link, believes that the emergence of Open Innovation is due to the fact that it has become virtually impossible for a single company to develop complete solutions in-house. In this article, he presents a proven model for Open Innovation based on four stages: Want, Find, Get and Manage. Slowinski cites best practice in each phase of this model. He also discusses key challenges to Open Innovation such as IP management, the changing role of the Legal function and the integration of external resources into the phase-gate process. Slowinski’s conclusion: “Every link in the value-added chain must be open for external innovation.” Download the complete report (5 pages) here.

  3. Legal Meets R&D: An Emerging Practice for Open Innovation Locked

    Quick Insight | Posted: 2006-04-24

    Recent FastTrack research has revealed that managing Legal departments and R&D to cooperate more closely is an emerging practice for Open Innovation.

  4. Resources Suggested by Henry Chesbrough, Open Innovation author Locked

    Quick Insight | Posted: 2006-04-13

    In his presentation at the MRT/PDMA conference, Co-Development for Business Growth: Open Innovation and Alternatives (1/31/06), keynote Henry Chesbrough, who literally wrote the bookonOpen Innovation, suggested the following resources and intermediaries to scout new technologies and innovations:

  5. Who Are the Open Innovation Leaders? Locked

    Quick Insight | Posted: 2006-04-13

    From what Open Innovation author Henry Chesbrough shared at Codev '06, the following companies have been breaking new ground and re-inventing their product development model.

  6. Highly Recommended Resource for Tech Scouting Locked

    Quick Insight | Posted: 2006-04-12

    At MRT's just-held Tech Scouting workshop, participants were eager to discuss their experiences with online marketplaces, search engines and other resources. One that got rave reviews is...

  7. Palm, Inc. Global Partnerships Give a Small Player a Large Footprint Locked

    Quick Insight | Posted: 2006-04-03

    The emergence of a global market, however, provides fresh opportunities for smaller enterprises to demonstrate that agility can compensate for size.Today’s worldwide market also demonstrates that a smaller company has plenty of room to make use of the abundance of offshore resources that, leveraged carefully along with its own, can help it to compete with larger firms.Palm, Inc., has been doing precisely that by effectively partnering with non-US based ODM (original design manufacturing) firms to design, develop and launch new products.These offshore firms, especially those in Asia, enlarge its resource base, enabling Palm to have the kind of market presence enjoyed by larger companies in its product space. (6 pages)

  8. Shure Uses Design Alliances to Enable Fast Product Development Locked

    Quick Insight | Posted: 2006-01-02

    In this report, Laura lan, Program Director for Personal Audio at Shure, Inc. shares her insights into how and why the audio electronics company uses external design partners to speed new products to market. She describes how the firm selects partners and how these partnerships have influenced Shure’s internal processes. Wayne Mackey, a principal at Product Development Consulting, Inc., also presents an overview of design partnerships as a means of decreasing cycle time. Mackey discusses, in particular, how these alliances impact systems engineering, purchasing functions and program management. Click here to download the complete report (6 pages).

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