Dr. Yongqin Zeng a Senior Director & Innovation Lead in Philips Venture. Her long and rich career has seen her do over a decade of research in academia before joining the private sector where she has done it all. She led multiple research departments in different industries, drove several venture projects that led to the creation of two new business units, and also facilitated over 10 Open Innovation projects involving universities, hospitals, and of course startups.  Dr. Zeng’s work on Open Innovation is also featured in the book “Innovation in China” published by MIT in 2016.In this episode, Dr. Zeng helps us dive deeper into innovation and R&D from the perspectives of academia, corporations, and startups. Show Notes2:24 Introduction to Dr. Yongqin Zeng3:18 Moving from research in academia to research in the corporate world4:30 Difference between R&D and Innovation.7:00 Do all inventions drive innovation?11:27 How monetization shapes the R&D pipeline for corporates.18:28 Deep dive into healthcare startup ecosystem: The competitive advantage they possess to deliver results20:51 Synergies between healthcare startups and hospitals: China trend vs Global trend23:00 Strength of Open Innovation in healthcare ecosystem outside China24:55 Models that will shape the future of open innovation28:16 Open innovation models improving UI and UX in the healthcare industry32:35 Getting in touch with Dr. Yongqin Zeng Many thanks to our guest Benjamin Qiu; host Oscar Ramos; producers  Eva Shi and  Sagar Chaudhary; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.comShare, subscribe, review, enjoy!Follow us on LinkedIn:  www.linkedin.com/company/the-china-startup-pulse/Email us: [email protected]

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