KJ Method can help your R&D team innovate faster, Here’s how
When solving a problem, we often organize brainstorming sessions with the team. This involves dozens of brains shooting ideas like a machine gun. However, the generation of a huge heap of ideas, not surprisingly, often becomes a problem itself. Having too many solutions and ideas (mostly solving only part of the problem) on hand can […]
Green Hydrogen Fuel Cell Vehicles over Battery Vehicles – What’s Best?
Transportation has contributed to the U.S.’s 27% of 2020 greenhouse gas emissions and holds the largest share of greenhouse gas emissions. As a result, two technologies have emerged to meet the decarbonization need of the industry- Li-ion battery electric vehicles and green hydrogen fuel cell vehicles. While one technology is more commercialized, another is still […]
How to save millions on the R&D budget?
With R&D being the strategic cornerstone for companies that want to compete in today’s market, they must have a graceful R&D budget. Nevertheless, during a recession, companies are pushed to cut costs in whichever departments they can, including R&D. Now, I can tell you a hundred reasons why that’s not a good idea, heck I […]
5 Sustainable Beverage Startups changing the world
The Drinks Industry Sustainability Index stated the beverage industry was ‘’considerably behind’’ with a score of 4.8 out of 10 in the strategies and practices followed by the beverage industry. Now, the sustainable beverage market is not as huge as others. However, its scope is wide, and not just for startups but also for prominent […]
5 Innovations showing promising results in Decarbonization of Steel
Every ton of steel produced in 2018 emitted 1.85 tons of carbon dioxide on average, equating to about 8 percent of global carbon dioxide emissions. Studies estimate that the global steel industry may find approximately 14 percent of steel companies’ potential value at risk if they cannot decrease their environmental impact. Moreover, long investment cycles […]
5 Startups Innovating Plant-Based Packaging
Mushrooms, local crops, and plant protein alternatives- emerging companies are seeking help from plants to fulfill consumer needs. Today’s generation is increasingly aware of how their actions affect the environment. As a result, even the packaging industry is now opting for plant-based packaging solutions. 86% of younger generations (<45) consumers are willing to pay more […]
Measuring R&D performance with Innovation Accounting
If you read Lean Startup by Eric Ries, one topic you’ll find difficult to comprehend is Innovation Accounting. The reason for the incomprehensibility and importance of the term is explained by Eric himself in one of his answers on Quora: I don’t find this especially surprising. People love the parts of Lean Startup that can […]
Innovative materials changing the face of Thermal Insulation Packaging
The global thermal insulation packaging market is set to reach USD 247.1 Bn by 2030, at a substantial CAGR of 17.2% between 2022 and 2030. The given projected value is the conclusive result of various industries’ efforts to shift toward insulated packaging. But the question is—why? Why not stick to traditional packaging? Why innovate in […]
How to grow your EV battery recycling business with Patents?
Rapid growth in the electric vehicle (EV) industry is imperative for reducing pollution. The market for EVs is growing faster than ever. But even then, the problem of reducing pollution has remained unresolved because of EV batteries. Thus giving the EV battery recycling business a necessary boost. On the bright side, these end-of-life batteries also […]
Major Technology Scouting Challenges and How to Overcome Them?
Innovation Leader surveyed over 25 executives from $1 billion+ organizations in innovation, R&D, corporate development, and strategy. The report, Best Practices: Scouting Trends and Emerging Technology, highlighted three key issues that technology scouts encounter today. These were – Building strong ties with business units (mutually benefiting from the technology scouting work). Investing enough time in […]
What is Technology Scouting and how can it help you Innovate?
Technology Scouting is the process of discovering, analyzing, and evaluating new or existing technologies that will help them with their innovation process. In simple terms, it is a process for companies to find the necessary technology outside the company. It is an important aspect of the open innovation strategy. The economy is rapidly expanding, and […]
9 Plant-Based Food Startups are transforming the Food Industry
According to the Good Food Institute, the sales of plant-based foods grew three times faster than overall food sales in 2021. Not just that, The global market for plant-based meat is projected to burst to US$85 billion in 2030. It is not surprising as veganism is growing at a faster speed. As per Google trends, […]
How to Prevent Thermal Runaway in a Lithium-ion Battery?
Boeing’s Dreamliner 787, which Boeing advertised as 20% fuel efficient, was grounded in 2013. In the same year, Tesla’s Model S came under a federal safety investigation after it caught fire at least 3 times. In 2016, Samsung recalled 2.5 million Galaxy Note 7 smartphones. For all three companies, which are top players in their domain, […]
Ambri’s Liquid Metal Battery is Reshaping Energy Storage
Unlike many battery tech startups that claim to be disruptive, Ambri’s liquid metal battery is actually an improvement for large-scale stationary energy storage. Founded in 2010 by Donald Sodaway, a professor of materials chemistry at MIT, the startup saw Bill Gates as its angel investor with a funding of $6.9 Million. Ambri has been working […]
5 Innovation Trends Transforming the Packaging Industry
Packaging industry innovation trends focus predominantly on sustainable and technological advancements. People are more aware of the environment today, more concerned about not just the food they are consuming or the products they are buying for their skin, hair, etc. but even the packaging that it comes in. Thus making industries adopt sustainability faster than […]
How to innovate and create demand for your product using the Blue Ocean Strategy?
Before Ford’s Model T was introduced in 1908, the 500 automakers in America were building customized novelty cars only. Even though numerous automakers existed, the automobile industry was small, and the cars produced were unappealing and overpriced. The cost of a single automobile back then was $1500, on average twice the annual salary of Americans. […]
