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 

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The company has more than 6,370 employees with 29 production sites and an extensive network of sales offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion. To learn more, please visit Elkem Website