How Open Innovation is Empowering Business Growth and Transformation

How Open Innovation is Empowering Business Growth and Transformation

Open innovation was first coined in 2005 by Berkeley professor Henry Chesbrough, in which he theorised an innovation process driven by the exchange of knowledge between companies, individuals and public agencies. The idea was that organisations could leverage external input combined with internal research activities to facilitate innovation and drive the development of new products to market. In essence,…

How Startups and Corporates Can Benefit from Business Collaboration

How Startups and Corporates Can Benefit from Business Collaboration

In today’s global business landscape, a company’s success is often measured by its reach, access, and ability to innovate. Reach is important for getting a product right in front of customers, while access to resources and market channels governs the ability of a company to develop its product from concept to maturity to market. The same goes for…

Internationalisation: Eliminating barriers through market validation

Internationalisation: Eliminating barriers through market validation

Expanding into a new market is a risky business. This is especially true for Asian startups looking to expand beyond Asia and into high-growth international markets like Europe.  How should startups uncover and address a whole plethora of market barriers to set themselves up for success in their internationalisation journey? Is market validation the key?…

Healthtech in Germany: Progress, Opportunities and Challenges

Healthtech in Germany: Progress, Opportunities and Challenges

Boasting a mature technology market and a successful healthcare system with at least 90% of their population insured, international healthtech startups are moving full steam ahead in Europe’s largest healthcare market. Digital health products have seen tremendous growth in Germany in recent years, where over 270 digital health technology businesses and 177 telemedicine projects are being…