Monthly Archives: June 2014

Latest in Innovation Research

Below are a few snippets of some of the research presented at the 2014 R&D Innovation Management conference, in Stuttgart, Germany: 1)      The use of social media and crowd sourcing to generate new innovations Karim Lakhani from Harvard Business School … Continue reading

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Innovation at Festo – from bionic experiments to industrial R&D

Festo is a Swabian/German family owned business. They employ over 17,000 staff, operate in 63 countries, have a turn-over €2.4bn and spend 7% of their revenue on R&D. The company has over 30,000 products for their B2B customers and over … Continue reading

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Innovation Concepts at Daimler AG

From Daimler AG (the German company which manufactures the Mercedes brand beside other things) Professor Herbert Kohler (VP R&D and sustainability) presented the company’s approach to Innovation at the Mercedes-Benz Museum.   They have several Innovation Excellence centers around the … Continue reading

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Fraunhofer Labs – Car Simulator

Today we had a demonstration of the Fraunhofer Institute’s car simulator. This consists of a VW Golf car that is equipped with the latest self-driving and anti-collision software. Its control dashboard features the latest Porsche Panamera and BMW collision avoidance … Continue reading

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Industry 4.0

Industry 4.0 is a project to formulate the high-tech strategy of the German government, which promotes the computerization of traditional industries such as manufacturing. It is about the 4th industrial revolution to future proof Germany`s manufacturing prowess. The goal is … Continue reading

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Fraunhofer Society for applied research

The Fraunhofer Society (German: Fraunhofer-Gesellschaft zur Förderung der angewandten Forschung e. V. — “Fraunhofer Society for the advancement of applied research”) is a German research organization with 67 institutes spread throughout Germany, each focusing on different fields of applied science … Continue reading

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German Apprenticeship model

The German Apprenticeship model is one important factor for the high practical education levels and productivity in German mid sized firms (Mittelstand). It is a dual system, which means that apprentices spend about 50-70% of their time in companies and … Continue reading

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