Data breaches and cyber attacks are becoming more prominent and less predictable. To manage ever-increasing cyber risk, the U.S. Department of Defense created a bug bounty program for security vulnerabilities and used crowdsourcing to invite hackers to break into their systems.
Open innovation is drastically changing the way the humanitarian sector delivers aid: UNICEF leads the way.
Pharmaceutical company Eli Lilly uses its open innovation platform to encourage collaboration with the broader scientific community in the early-stage development of new drug therapies.
Opening up International Remittances
Lego was facing financial distress in the mid-2000s. In this time of turmoil, it turned to open innovation to restart its business.
Motivated to fight corruption in Brazil, tech-savvy citizens used crowdfunding to start a non-profit, open-source project that uses data science for the purpose of monitoring public spending.
The world of cybersecurity can be a complex place. With the advent of the internet, increasingly more data is ripe for hacking and companies are scrambling to protect it. HackerOne thinks it has a solution to keep information protected for the long term.
This piece briefly examines the adoption of various open innovation practices by Mondelez International to better react to competitive pressures and position itself for long-term sustainable growth
The scientific discovery process is being disrupted by an open online community, and they want your help.
Is this a fad, or the future?
In an effort to spur innovation, Capital One has opened up access to its data for external developers via API. To what extent can they shift toward the business model of technology platform, and what organizational changes will they need to make to do so successfully?