Six leading companies from the pharmaceutical industry have decided to join forces to beat cost pressures. While on the one hand being strong competitors, they on the other hand decided to get together and share best practises in “a bid to improve efficiency and  bring down rising operation costs.” This article was brought to our attention by one of our readers; thanks for sharing this example with us, Aravind Ananthakrishnan

Recently, the Open Innovation Research Forum – part of the University of Cambridge – released a paper that shows results of a study among almost 1200 German innovation companies. The paper provides the hypothesis that several different innovation-enabling factors would generate more revenue within companies that embrace Open Innovation than within companies that don’t. To be precise: the authors refer to Open Innovation as the use of “search openness”, i.e. the use of external

Together with InnoPass and ideaken, DSM has launched an open innovation contest to get new and creative ideas on the applications of Arnitel® Eco, an environmental friendly elastomer. The prize? Tickets to the 2012 London Olympics. For more information, visit the ideaken website. To participate, submit your idea by March 1, 2012!

Gallery Hotel, Barcelona, 14 & 15 March 2012 Now in its fourth year, Breakthrough Innovation 2012 will once again bring together leading experts from the world’s most innovative companies to share best practice tips and discuss the latest trends and developments. The conference will feature a variety of sessions designed to maximise social interaction and knowledge exchange, including brainstorming sessions, talking circles, panel debates and keynote case studies.  There will

After having succesfully launched a poll in December, we decided to drop a new question for you. 2012 has just started and many newspapers, blogs and video’s are trying to show us the trends for upcoming year. Summarizing speeches of professional trendwatchers I ran into lately, I could identify a few trends that are interesting for 2012. Epxerience economy Most of the trendwatchers are seeing trends in the way consumers are acting in the market.