Food waste and plastic pollution are two critical problems our world faces today. And they are more connected than they seem. Globally, 931 million tonnes of food are wasted annually, with 30-40% [...]
E-cigarette users often encounter issues such as delayed device response, the need to adjust heating profiles manually, and maintaining personalized settings across multiple devices. The [...]
The top 50 innovative companies beat the MSCI World Index by 3.3% annually, proving innovation boosts operations and investor returns. But the question remains: how should companies approach it – [...]
Conventional solar photovoltaic (PV) systems face dust accumulation and surface heating issues. Elevated panel temperatures not only reduce energy conversion efficiency but can also shorten the [...]
The choice of flavors is one of the main reasons why Heat-Not-Burn (HNB) devices and e-cigarettes are so popular. However, maintaining a consistent aroma and flavor in these smokables is [...]
The term “open innovation” was coined by University of California Berkeley professor Henry Chesbrough in his 2003 book Open Innovation: The New Imperative for Creating and Profiting from [...]
Innovation scouting is a strategic approach businesses use to identify and leverage novel ideas, technologies, or methodologies to enhance their product offerings, improve processes, or create [...]
In July 2023, the EU (European Union) released new battery recycling regulations. Enforced in February 2024, the new EU battery regulations focus on several key areas to ensure sustainability and [...]
On June 13, 2024, the European Union rolled out Ecodesign for Sustainable Products Regulation (ESPR) (Regulation (EU) 2024/1781). The regulation aims to advance the EU’s move to a circular [...]
Henry Chesbrough, who first introduced the concept of the open innovation model, best described it as: The purposive inflows and outflows of knowledge to accelerate internal innovation and expand [...]
The success of any company in selecting the right products for a particular market is deeply connected to their grasp of customer needs, desires, and expectations. It is essential to continuously [...]
According to a 2022 Accenture study, companies engaging in collaborations for external innovation are 6x more likely to experience higher revenue growth than those solely relying on internal [...]
In 2020, the FDA approved loteprednol etabonate ophthalmic suspension 0.25% (Eysuvis, Kala Pharmaceuticals Inc.) for treating dry eye disease. As one of the most common ocular surface disorders, [...]
Did you know? Procter & Gamble (P&G) employs data analytics to assess product environmental impact across lifecycles. This empowers them to spot innovation opportunities aligned with [...]
Did you know Apple acquires a new company every three to four weeks? But is that really surprising, or is it a key part of Apple’s expansion in different industries such as Healthcare? As [...]
Since the news of lurking bans on PFAS, there has been a frenzy across many industries to find suitable alternatives. The cosmetic industry, in particular, has been deeply impacted by this [...]
Did you know that annual reports are a treasure trove of information to get data for M&A risk assessment, competitor intelligence, or supply chain financing projects? Well, if you [...]
Plastic makes up 80% of all marine debris from surface waters to deep-sea sediment, which is a minimum of 14 million tons annually. Source. Government organizations worldwide, with the European [...]
Dairy Farmers of America (DFA), a leading cooperative owned by dairy farmers across the United States, has established itself within the dynamic dairy industry. Recognizing the importance of [...]
The ban on PFAs (Perfluoroalkoxy Alkane) in the US and EU has left the food packaging industry grappling with uncertainty. The demand for immediate action on using PFAs free food packaging is [...]
A digital supply chain involves using advanced technologies and insights to help stakeholders make better decisions about resources as per the customers’ demand. Since food supply chains [...]
Alex, the R&D head of a leading logistics company in the US, approached us with a search project. He had intel that his competitors were researching RFID technology to track and manage [...]
No matter which industry you belong to, whether its a B2B or a B2C firm, it is essential to understand your customers’ needs and improve their experience to thrive in this competitive [...]
Eight years ago NASA supplied enormous solar panels into space using the art of origami. In 2018, 3M’s breakthrough in preventing infection from surgery came from a theatrical-makeup artist who [...]
When solving a problem, we often organize brainstorming sessions with the team. This involves dozens of brains shooting ideas like a machine gun. However, the generation of a huge heap of ideas, [...]
Innovation Leader surveyed over 25 executives from $1 billion+ organizations in innovation, R&D, corporate development, and strategy. The report, Best Practices: Scouting Trends and Emerging [...]
Technology Scouting is the process of discovering, analyzing, and evaluating new or existing technologies that will help them with their innovation process. In simple terms, it is a process for [...]
A solid patent strategy is just as important as a well-planned business strategy for a corporation. With thousands of patents being filed every year by technology giants, developing a patent [...]
Before Ford’s Model T was introduced in 1908, the 500 automakers in America were building customized novelty cars only. Even though numerous automakers existed, the automobile industry was small, [...]
“Yes, I get that innovation is the need of the hour, but we are in a rut. We have been working on this for months, and there seems to be no end in sight!”, said David, exasperated. David is the…
Compared to other industries, innovation in the food and beverage domain can be quite slow. However, the industry progressed during covid to keep up with the rapidly evolving consumer habits and [...]
Innovation is the heart of every company, but what if it becomes an obstacle to its growth? How do companies dodge that bullet? The answer is innovation adoption! Companies often deal with [...]
If I ask, “Are you aware that innovation can take your business to the next level in your domain?” You’d answer, “Obviously, Yes.” But, being aware of your business’s next plan and [...]
To leverage external smarts, P&G launched its Connect and Develop (C+D) program in 2002. The C+D website later (www.pgconnectdevelop.com) became the binder for innovators, scientists, [...]
Morphological analysis is simply an ordered way of looking at things. ~Fritz Zwicky Morphological analysis was invented by Fritz Zwicky, a Swedish astrophysicist who used morphological analysis [...]
In practice, open innovation can take the form of established partnerships like Delphi and Mobileye working on autonomous driving systems, and also be co-creation competitions like the BMW [...]
Almost every day, we see some company, a giant, specializing in its own domain, stuck in a bit of a pickle. The pickle could be some trouble with its research, its product optimization, or any [...]
“In some ways, Technology transformation can be a little confusing”, I thought to myself as I sat writing this article. Why’s that? you ask. Well, to many of us transformation can implicate [...]
What if I tell you I can help you predict the future? Most people might come to you and say that analytics can help you achieve exactly that. Reality is – it cannot. Where we are right now, [...]
Revolutionary innovations can occur anywhere – Be it in a basement, a garage, or just over a cup of coffee. Resultantly, there is a constant rise in startups and small-scale industries all around [...]
Since time immemorial, great companies have become great by hiring the right people. A rookie might wonder why. But seasoned players understand that it is your people who decide your reputation [...]
Are you looking for a simple approach to prioritizing your innovation efforts? Does your company tend to assign priority to ongoing innovation tasks because it has already invested time and money [...]
A survey was conducted by Innovation Leader on more than 25 innovation, R&D, corporate development, and strategy executives from $1+ billion companies. The report, Best Practices: Scouting [...]
In the last article, we discussed the culture at DARPA that makes sure the agency funds or works at world-changing ideas. If you haven’t gone through the article yet, you must as it has [...]
Internet, Stealth Aircraft, artificial limbs, a flat screen display are all the inventions that are children of DARPA. Time and again, if there is one organization that never settled for [...]
If you are leading business and are responsible for its growth you might always be thinking about – What’s next? This ‘what’s next?’ is majorly about futuristic technologies for more than 80% of [...]
A wise person once said – Be wary of the startups launching in your industry. What sounds like an interesting idea with a small team working on it today can give all the giants a run for [...]
There’s a way to do it better – find it. – Thomas Edison Are you at a managerial level where you want to create extraordinary collaborations among your R&D teams, analyze the market and [...]
How technology shifts can give the first-mover advantage? If you lead a business and are responsible for its growth, you might always think: What’s next? For more than 80% of businesses, this [...]
The success of an organization depends on multiple factors. While strategy, human resources, and company culture form the recipe of success, other ingredients are also needed to take an [...]
