Showing posts with label open innovation. Show all posts
Showing posts with label open innovation. Show all posts

Wednesday, 27 April 2011

Open innovation at P&G

The chemical industry is gradually getting to grips with open innovation (OI) - as this article from the UK's Royal Society for Chemistry by Sean Milmo, also a regular writer for ICIS, sets out.

DSM is a leading exponent, even boasting a vice president for open innovation in the form of Rob Kirschbaum, a long-standing friend of ICIS. You can see more of its commitment to open innovation in a detailed and informative presentation by Rob van Leen, the company's chief innovation officer.

P&G, it seems, has been using OI for many years, and has not so long ago (10 years) formalised the approach as Connect + Develop, as outlined in this interesting blog on Forbes by Deborah Mills Schofield.

She argues that "P&G has created more value together with their OI partners than they ever could have alone. It is a real ecosystem that creates value on a global scale to accomplish P&G’s mission: '…improve the lives of the world’s consumers, now and for generations to come'.”

Tuesday, 1 March 2011

Open innovation thoughts

Gwen Ruta
This interesting post came my way this morning, offering some thoughts on open innovation and why it is important.

It is written by Environmental Defense Fund's Gwen Ruta and first appeared on FastCompany's Expert Bloggers series.

EDF and Innocentive recently announced a partnership aimed at accelerating environmental innovation in business.