Open Innovation Campus by Philips - Shanghai / Eindhoven
The guys over at openinnovators.net describe the exemplary scientific engagement of Philips Research - willing to invest over 50 Million Dollar for a new Campus in Shanghai:
Philips’ aim is double. First, they want to increase efficiency and internal collaboration by bringing different R&D centers together on one campus. Second, they want to open up the campus to external parties, facilitating R&D cooperation and open innvation (via openinnovators.net)
This would be the second Open Innovation Campus supported by Philips. They already launched the High-Tech Campus Eindhoven (HTCE) in 1999 - the prototype for their new project in Shanghai. HTCE is some kind of a scientifically backed Innovation Incubator, for companies and students. Open Innovation at HTCE:
Open innovation is all about collaboration. With the current state of technology, a one-firm solution is a thing of the past. Specialist companies, knowledge institutes and governments increasingly join forces. This has its benefits. Using each other’s strengths, knowledge, experience and expensive research equipment will result in efficient and effective technology developments. Combining views and visions will create synergy. The success rate of new initiatives that emerge from open innovation is substantially higher than the success rate of closed research centres. Open innovation also creates space for specialist companies to develop their core business at a high level and to market new products effectively. High Tech Campus Eindhoven has created an ecosystem that focuses on open innovation – with a network that extends way beyond Eindhoven. (via hightechcampus.nl)
Openinnovators on HTCE:
Built on the site of Philips Research in Eindhoven, HTCE houses over 40 (external) technology-based companies and institutes employing several thousand people in developing ground-breaking technologies and products through the open innovation model. Philips tries to create an environment and structures which promote interactions, networking and knowledge-sharing, leading to joint projects and joint ventures among the HTCE companies. For Philips this means that the company can spin in ideas and innovations from outside, enriching the services it can offer Philips’ business divisions. It can also spin out technologies from its own extensive IPR portfolio to high-tech companies in the HTCE, which can bring innovations to market more quickly. (via openinnovators.net)
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