Open Innovation: Best practices for raw material companies13 Dec 2018
Adopting a collaborative approach to innovation can greatly benefit companies in the raw material industry. Th...
The European innovation and business environment is facing severe structural changes, requiring key players to continuously update strategies to maintain and foster competitiveness. Hence, a new breed of innovation is emerging. It exploits disruptive technologies to solve societal challenges sustainably and profitably by blurring the borders between research, industry and governments. It is called Open Innovation 2.0.
Open Innovation has always been the cornerstone of Spinverse services, thus the company has accepted the opportunity to join the EU’s Open Innovation Strategy and Policy Group (OISPG), which aims to support policies for open innovation and sustainable Europe in close collaboration with the European Commission. The Group is chaired by Martin Curley, Professor of Open Innovation and managed by Bror Salmelin, Advisor for Innovation Systems at the European Commission Directorate General for Communications Networks, Content & Technology.
“Becoming a member of OISPG is certainly an honour,” comments Managing Director of Spinverse Laura Koponen. “This is a new approach to driving forward innovation in Europe and we are committed to the principles of integrated collaboration, cultivated innovation ecosystems and unleashed emerging technologies”.
The term “Open Innovation” was originally coined by organisational theorist Henry Chesbrough in 2003, and refers to the paradigm where ideas pass between different organisations to create value. Today, the concept is evolving fast, yet there is much that needs to be done to properly establish Open Innovation 2.0 in Europe.
“At Spinverse, we believe that innovation can be a discipline practiced by many. By joining OISPG, we welcome an opportunity to co-create the future and drive structural changes in the EU, far beyond the scope of what any individual organisation could achieve alone,” Laura Koponen concludes.