On December 12th, the "2023 Global Open Innovation Forum," jointly organized by Plug and Play China and Tsinghua University's Technology Innovation Research Center, took place in Shanghai. During the event, the highly anticipated "Global Open Innovation Top 100" list was officially released. The list consists of two parts: the "Blue Whale 50 · Global Open Innovation Top 50 for Large Enterprises" and the "POC50 · Top 50 Entrepreneurial Companies with the Most Concept Validation Ability" for startups. Passive Edge, with its high growth and innovation capabilities, secured a position on the "POC50 · Top 50 Entrepreneurial Companies with the Most Concept Validation Ability" list.
To provide a fair and transparent ranking in the field of corporate innovation and entrepreneurship, the evaluation committee for the "POC50 · Top 50 Entrepreneurial Companies with the Most Concept Validation Ability" list comprised professionals from diverse backgrounds. Notable members included Professor Henry W. Chesbrough, the pioneer of open innovation, Professor Chen Jin, a leading innovator in China and Director of Tsinghua University's Technology Innovation Research Center, and Rahim Amidi, a Silicon Valley practitioner of open innovation over the past two decades. After careful consideration and intense discussions, the committee evaluated the companies based on five dimensions: innovation, sustainability, growth, internationalization, and differentiation, ultimately determining the top 50 companies.
The year 2023 marks the 20th anniversary of the introduction of open innovation theory. The global open innovation list aims to inspire benchmark examples of open innovation. The POC50 list focuses on recognizing and showcasing the products and services of entrepreneurial companies, encouraging them to continually improve their innovation levels, engage in innovation collaborations, and develop global brand strategies. This effort is expected to drive overall societal innovation and achieve international innovation capabilities.
Securing a place on the "POC50 · Top 50 Entrepreneurial Companies with the Most Concept Validation Ability" list signifies that Passive Edge has received authoritative recognition for its innovation capabilities. As a global leader in technology innovation acceleration, Plug and Play China consistently monitors the growth of early-stage startups globally, empowering innovation capacity building and encouraging the sustainable development of cutting-edge technologies and innovation awareness. Early-stage startups represent the most promising and prospective forces across various industries, reflecting the development and innovation trends in different sectors. This holds significant reference value for investors and professionals in related fields.