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Open Innovation

open innovation challenge Encapsulation Delivery Technologies

eZassi Launches Encapsulation Delivery Technologies Challenge We’ve launched our next open innovation challenge, Encapsulation Delivery Technologies. In partnership with our client, a global industry leader, we are seeking solvers to submit ideas and technology approaches to improve Delivery Technologies in the following ways: Controlled delivery Release mechanisms Encapsulation chemistry Enhancement of the properties of consumer/commercial goods through delivery technology All solvers are invited to submit their ideas through our open innovation challenge software portal at  ...

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"Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology." //   R&D Is No Longer a Barrier to Entry or Strong Strategic Advantage  Traditionally, innovation was a closely guarded secret. R&D teams hid away in secrecy innovating, discovering, and releasing the next generation of products. Think of IBM, Bell Labs, DuPont and other companies where R&D was a valuable strategic asset.   Traditional Companies Are Moving Toward Open Innovation According to the MIT Sloan Management review "Companies are increasingly rethinking the fundamental ways in which they generate ideas and bring them to market — harnessing external ideas while leveraging their in-house R&D outside their current operations." //   Harvesting, managing and sorting through 1,000s of ideas to find the diamonds in the rough is a daunting process.   Large organizations further complicate this process with...

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medtech industry open innovation

Plastics Today interview with eZassi's CEO, Peter von Dyck, discusses how the Medical Device Industry (MedTech Industry) is opening up to embracing open innovation. The medtech industry open innovation challenges have been on the forefront of the industry for a long time. This interview highlights the known challenges and what is happening with medtech open innovation.   Below are a few highlights from this discovery article and interview:   The medtech industry is well-known for wanting to keep innovation internal but times are changing. Companies, like those in medtech, feel it is a must to open up their innovation strategy to be competitive in the marketplace. Open innovation in a secure environment is not so scary. eZassi Open Innovation Management Software solution provides a valuable component for clients that need that extra level of security. Open Innovation with IP Protection. Similar to the scariness of e-commerce with trusted online transaction now it's safe for business to...

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