Minister launches first Open Innovation Forum in Paris

Economic diplomacy/first Open Innovation Forum – Communiqué issued by the Ministry of the Economy, Industry and the Digital Sector

Paris, 18 December 2015

Axelle Lemaire, Minister of State for the Digital Sector, launched the first Open Innovation Forum at Bercy [French Economy Ministry] on Friday 18 December 2015.

Open innovation is another way of conceiving innovation, by opening up organizations and processes to the inflows and outflows of knowledge. A real challenge for established companies, major groups, mid-sized companies and SMEs, which are seeing their innovation process transformed, open innovation is also proving to be a growth tool for start-ups.

The forum united companies of all sizes behind a common ambition to share good practice and make open innovation more widespread. CAC 40 companies, start-ups, SMEs and voluntary organizations committed themselves to an Alliance pour l’innovation ouverte [Open Innovation Alliance], created in partnership with the CentraleSupélec school’s Institut Open Innovation (IOI).

This alliance will allow us to form a community of those involved in open innovation, based on the principles of respect and trust for successful collaboration. It is helping to put into action Year II of the French Tech (1) initiative by opening the doors of traditional companies to French Tech start-ups.

The ambition will continue through 2016 with a focus on four major areas, on which those involved in open innovation will work:

- creating a partnership relationship of trust;

- developing methods of financing for open innovation;

- valorizing and promoting open innovation globally;

- driving efforts to conduct work in open innovation ecosystems in specially designated places.

A second Open Innovation Forum session will be organized in the middle of 2016 to translate these commitments into action.

For Axelle Lemaire, “the open innovation initiative to which 50 companies and voluntary organizations are committing today is radically transforming our way of innovating and creating, which is defined in the framework of an open, living ecosystem. It is part of the process begun by French Tech. Open innovation is a source of opportunities for big corporations as much as start-ups. Today, every sector of the economy is finding in the opening-up of their ecosystem a source of ways to speed up the renewal process”./.

(1) French Tech is a major initiative to stimulate France’s most vibrant regional ecosystems and support the growth of their start-ups and digital companies.

Published on 07/04/2016

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