R&D

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    For all Departments: How can IP help HR, R&D, Sales & Marketing, Production, Finance & Purchase, CEO or Owner?

    April 3, 2014 | By: | In: Organization & Culture

    The patent database, with its 69 million documents is one of the richest resources of knowledge worldwide. The real key to its application is the refined ways to distil the relevant information. This article will highlight novel patent research, and its relevance for each department of a typical company.

  • The Great Wide Open

    The Great Wide Open

    September 26, 2013 | By: | In: Life Cycle Processes

    “Open innovation” is a technique that is gaining greater consideration these days. For many companies, this practice has the potential to help them quickly and efficiently harness the new ideas they need in a volatile and uncertain business environment. It also may accelerate and de-risk progress from idea to launch. To realize the power of open innovation, businesses first should come to terms with how “open” they are willing to be.

  • Linked Innovation: 5 Keys to Success in Open innovation Challenge Management

    Linked Innovation: 5 Keys to Success in Open innovation Challenge Management

    July 31, 2013 | By: | In: Strategies

    Open innovation crowd sourcing methods, when applied to the right problem, can effectively extend the solution provider search beyond the boundaries of an industry. This article presents the application of a targeted broadcast crowd sourcing method to identify unobvious solution providers for a German chain-drive industry consortium. The majority of solutions submitted through this method were previously unknown to the consortium. This evaluation demonstrates the power of open crowd sourcing to provide solutions from discontinuous industries and how effective crowd sourcing can be in open innovation.

  • Are you REALLY Innovating?

    Are you Really Innovating? Five Signs You Might Be Faking It

    July 22, 2013 | By: | In: Organization & Culture

    This article challenges companies to take an honest look in the innovation mirror to determine whether they’re truly making it or perhaps faking it when it comes to bringing innovative products and services to market. Consider this a simple litmus test to self-diagnose.

  • Why Product Lifecycle Management Should Be On Every Executive’s Agenda!

    Why Product Lifecycle Management Should Be On Every Executive’s Agenda!

    July 5, 2013 | By: | In: Life Cycle Processes

    Product lifecycle management (PLM) initiatives often miss their true potential and make projects unnecessarily costly. Not understanding how to optimize these investments can have long-term effects on both the top and bottom line, while companies that realize how to use PLM as a competitive weapon can capture significant market advantages. In this article we give you insights into how to take an approach that addresses the true potential of a PLM investment.

  • Pain and the power of distraction

    Pain and the power of distraction

    May 2, 2013 | By: | In: Trend Alert

    Chronic pain affects millions of people’s lives; millions more have operations every year, needing anaesthetics and pain relief. New approaches to managing pain ranging from watching films during operations to playing with inflated rubber gloves or virtual reality games are proving powerful tools in managing pain. While drug companies may face a challenge to their markets, patients could benefit, suffering fewer adverse side effects and healing better; and health care services may be able to reduce costs. Opportunities for home based approaches may also grow.

  • How to Manage Innovation in a Global and Open World

    How to Manage Innovation in a Global and Open World

    April 22, 2013 | By: | In: Editorial

    For many European managers of R&D and Innovation Management numerous challenges arise: How can companies be globally efficient and locally effective at the same time? This is the focus of an upcoming symposium gathering leading experts in R&D.

  • China – Hotbed of Innovation for our Planet in the 21st Century?

    China – Hotbed of Innovation for our Planet in the 21st Century?

    January 9, 2013 | By: | In: Organization & Culture

    Never has the world witnessed a large market emerge so quickly as China has. As the economy grows it is also changing. China is fast climbing the value curve, transitioning from low-cost manufacturing to innovation-led growth. In telecommunications, supercomputing, life sciences, non-fuel energy sources and “green-tech” in general, there is already a vibrant innovation/research and development (R&D) scene.

  • Illustration by Chris Luongo

    How to Improve the Innovation Pipeline and Process

    December 20, 2012 | By: | In: Enabling Factors

    Can an organization dramatically improve the quality, speed, and profitability of their new product projects while driving down the risk of failure? Absolutely! Organizations that rely on new products, technologies, and platforms to create customer value, grow market share, enter new markets, increase their profitability, and even alter market and competitive landscapes. In this article Chester Baker, Head of Global Innovation for Abbott Nutrition shares the winning formula for driving innovation in his company.

  • Illustration by Kelly Schykulski

    Harnessing the Power of Insight: Customer-Centric Innovation in a Changing World

    December 17, 2012 | By: | In: Strategies

    Anyone has the raw capability to think of a great idea, but not everyone has the ability to bring ideas to fruition. It’s a process that requires vision, a strong handle on industry trends (both present and future) and risk takers willing to champion seemingly impossible feats. Most companies have innovators or teams of innovators with these qualities, but many don’t incorporate both customer feedback and customer observational research as key components for designing the next generation of product development. This article will explore the benefits of leveraging a customer-centric model to create more innovative, user-friendly devices that provide the support customers really need.

  • The 2012 Global Innovation 1000 Study: Making Ideas Work

    R&D Spending Returns to Pre-Recession Levels, Finds Booz & Company Global Innovation 1000 Study

    November 7, 2012 | By: | In: Reports

    Year after year, our Global Innovation 1000 study has demonstrated that it is not how much companies spend on research and development that determines success — what really matters is how those R&D funds are invested in talent, process, and tools. In addition to our recurring analysis of R&D spending trends, our eighth annual study of the world’s 1000 largest corporate R&D spenders focuses on the “fuzzy front-end” of the innovation process — the tools, mechanisms and networks companies use to generate ideas and effectively convert them into commercialization projects.

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    How R+D Can Build Marketing Support for its Ideas

    October 21, 2012 | By: | In:

    Last week, we introduced the topic of R&D’s frequent lack of marketing support for its ideas and some culturally ingrained attitudes that can contribute to this. This communication gap is frustrating, especially for those in R&D whose role it is to develop and sell-in new initiatives. This week, we continue this discussion and describe strategies to help overcome resistance.

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    Why Marketing Doesn’t Want R+D’s Ideas – and what to do about it

    October 14, 2012 | By: | In:

    One of the most common frustrations expressed by R+D professionals is that marketing lacks interest in their ideas. Why is this often the case, and what can be done about it?

  • David Willetts, Universities and Science Minister, during a recent visit to the GlaxoSmithKline.

    GSK’s Commitment to Transparency by Opening Up Their Data

    October 12, 2012 | By: | In: News

    GlaxoSmithKline has announced plans to be more open about its clinical trial data, be more transparent to the public and actively collaborate with scientists and firms outside GSK to find new drugs to treat the diseases plaguing the world, from novel antibiotics to cures for malaria and tuberculosis.

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    New Product Development: The Problem with Digital Design

    September 4, 2012 | By: | In:

    Yes, digital design is a wonderful tool. But unless it is supported with strong management processes, there can be unintended and potentially negative consequences.

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