Here are three steps your organisation can take to start walking the path to open innovation.

Innovating amid disruption
In crisis there is opportunity, particularly for innovators. Check out 10 interesting Tech Offers found on IPI’s Innovation Marketplace in 2020.

2020 was a year unlike any other. But amid the disruption, opportunities abounded. Pharmaceutical and biotech firms raced to invent vaccines, with the most successful ones minting new billionaires. Elsewhere, innovators were at work in areas ranging from materials and chemicals to health and personal care, busy harnessing opportunities brought about by the pandemic.

Leveraging the network effect
By creating a virtual meeting point in the marketplace of ideas, Innoget hopes to support open innovation with a network of startups and industry players.

A blind woman is walking along a street, slowly approaching an obstacle ahead. As she gets closer, the device hanging from her neck emit a high-pulse click, which reflects off the object.

Trained in human echolocation, the returning echo activates a visual processing area in her brain, providing her with information such as the shape, material and distance, which she then uses to build a 3D image of the object in her mind. A wooden bench, she concludes, before she continues on her stroll.

From access to grants, state-of-the-art technology and co-innovation opportunities, the IoT Innovation Challenge 2018 co-organised by IPI, Enterprise Singapore and the Centre of Innovation for Electronics & IoT has helped four Singapore start-ups fast-track their goals. We speak to them to find out how the competition has transformed their businesses.
 

SpaceAge Labs
Deepak Pitta
Chief Executive Officer & Co-Founder

Every aspect of daily life inevitably leaves an impact on the environment: heating or cooling our indoor spaces, throwing out the trash or running the dishwasher all consume energy. But what if the built environment itself—with the help of smarter design—could help mitigate your negative impact on the planet? This is the dream of green buildings.

The key to securing long-term food security is investing in innovative technologies like alternative proteins, said experts at IPI’s AgriFood Innovation Webinar.

When countries around the world went into lockdown to stem the spread of COVID-19, it revealed vulnerabilities in many of the processes we take for granted in everyday life. The food system—dependent on a complex web of supply chains spanning the globe—was particularly hard hit, as consumers flocked to supermarkets to stock up and unharvested food crops languished in abandoned fields.

Innovation in the Land of Rising Opportunities

With their expertise and wide network in technology and commercial domains, Japan IP Network supports overseas businesses that wish to realise their potential in the Japanese market through open innovation.