Furukawa Electric to Newly Construct an Open Lab in Yokohama
Open innovation means to combine things like other companies' technologies, ideas and services, etc. with the company's own technology and is a new effort that will realize new business models, research outcomes and product development, etc.
The company raised “accelerated cultivation of new business” as one of the priority measures of the “Furukawa G Plan 2020,” the new mid-term management plan announced in May this year. We are strengthening “the use of open innovation” in order to realize this measure.
The company will newly construct an open lab (name: Fun Lab) at Yokohama Works as a place to transmit the R&D capabilities we have cultivated over many years, and as a place to create new value through interaction and discussions with participants from outside of the company.
The company set the Fun Lab concept as a place that creates open innovation with guests (co-knowledge) through mutual recognition of each other’s strengths (empathy), the sharing of new senses of value utilizing each other’s strengths (co-creation) and the joint expansion of those shared senses of value.
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