23.08.2021

Open Innovation is an ecosystem of competencies and knowledge mainly focusing on technology discoveries.

Open innovation is based on the power of collective intelligence to ease and accelerate innovation mechanisms to develop new products and processes with added value.

Additionally, it allows for a change of our behaviours and habits, helps us to think from a new perspective and reinvent ourselves.

In this paper, we will analyse how does Elkem Silicones use discoveries to draw another technology roadmap and another value chain. Finally, we will discuss to what extent do discoveries resulting from Open Innovation support Elkem Silicones’ strategy?

Summary:

  • Managing a portfolio of innovation projects to support the strategy: Exploration vs Exploitation
  • The absolute need for Openness and Partnership
  • Case Study: Shaking-up our habits with Start-up Partnership
  • From 3d.FAB to 3Deus Dynamics: an example of Technology Scouting

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Elkem’s commitment to Sustainability

Sustainability is central to our business strategy. Our mission is to provide advanced material solutions shaping a better and more sustainable future, adding value to our stakeholders globally.

Elkem defines sustainability work as continuous efforts to maximise our positive impact on the environment and societies around us, as well as to minimise any negative impact. As a global company, we affect the environment and communities around the world every day. And through the products we make, we have a foot print in our supply chain and make new solutions possible.

Disclosure is a primary part of this engagement, and we can proudly state that in 2020, Elkem received a Gold rating from Ecovadis and was ranked by CDP in the Climate A List.

Read more at Sustainability | Elkem.com

About Elkem Silicones

Elkem Silicones has more than 4 200 employees dedicated to delivering your potential by providing you innovative silicone solutions with a personal touch. Elkem Silicones, a division of Elkem, is a global leader in fully integrated silicone manufacturing, operating 13 multi-functional manufacturing sites and 13 Research & Innovation centers around the globe. Elkem Silicones offers a full range of silicone technologies for diverse specialty markets including aerospace, automotive, construction, consumer goods, energy, healthcare, paper, personal care and textiles. Elkem Silicones is committed to create new, innovative and green solutions and business models that promote a sustainable future. To learn more, please visit Elkem Silicones Website

About Elkem ASA 

Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 6,800 people has a joint commitment to stakeholders: Delivering your potential. In 2020, Elkem was rated among the world’s top 5% on climate and achieved an operating income of NOK 24.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). To learn more, please visit Elkem Website