Innovation Management

Innovation management is the process of managing new ideas – collecting, developing, and bringing them into a reality.

Innovation, in our collective imagination, is a bit like Aladdin's lamp or a magic wand that everyone wants to get their hands on without knowing how to use it. If turning lead into gold is a well-kept secret for alchemists, converting an idea into an innovative product or service is just as important for growing companies eager for patents.

Sustainability remains a serious concern for many industries, especially retail. Retail companies need to adopt sustainable development goals and take actions to reduce waste. This is good for business and great for humanity.

Nowadays, more people recycle plastic bottles, opt for organic products, and reduce meat consumption. You will probably wonder where the link between environmental protection and recruitment is. Like with climate change, a sense of urgency is seen in recruitment, and in both cases, it’s about responsible behavior and its further development.

Beauty is in the eye of the beholder, but there is less debate regarding the rapid growth of the beauty and cosmetics industry. Combined with fields of deep tech, the future of beauty is not only more sustainable, environmentally friendly, but also scalable and innovative.

Open Innovation is a paradigm that encourages the integration of internal and external knowledge to facilitate the development of businesses, technologies, product development or for the purpose of social justice.

Since the introduction of open innovation developed by Chestbrough, many corporations have been adopting open innovation strategies to improve their innovation process efficiency by leveraging external talent.

Digital disruption in the healthcare sector is occurring at an unprecedented rate through the discovery, invention and revolutionization of innovative solutions to approach global healthcare. Medical and pharmaceutical companies, such as Astellas Pharma, are at the forefront of such change. Their collaboration with startups has engendered a limitless potential within the HealthTech industry waiting to be discovered and unleashed. 

To celebrate this year’s International Women’s Day, Agorize has invited some of our female community partners and startup founders to share their stories and insights on how they have come this far in the tech and innovation industry.

Stargazers Consulting, formed 6 months ago by a group of young professionals with a collective mission to help students unlock their full potential, provides services that improve logical reasoning, financial literacy, and problem-solving; Key competencies needed to excel at case competitions, interviews, and pitches.

The Agorize team conducted an interview with Ajay Bulusu, the co-founder of Nextbillion.ai, to learn more about his unique SLINGSHOT 2020 experience and to understand what it takes to be an elite startup contender of this competition.

This article identifies the 8 common types of corporate-startup engagement models, each being illustrated with benefits, limitations and examples. Weigh the pros and cons of each method and select the right model to start the engagement journey.

A study conducted by 500 Startups and INSEAD has shown that 68% of the top 100 Forbes Global 500 companies are constantly engaging with startups.

With the latest microfluidic chip technology, the device can detect the virus in just 40 minutes from sampling to testing, compared to the currently-used polymerase chain reaction (PCR) technology which takes between 1.5 to 3 hours. Unlike conventional large-scale PCR devices which use semiconductor to heat up testing samples, the team led by Prof. WEN Weijia from HKUST’s Department of Physics developed a novel silicon-based micro-heater module for the purpose.