LG Technology Center Moscow (LGTCM) was established in 1995. Even then, nearly 20 years ago, LG owners and top managers realized the necessity and usefulness of scientific and technical cooperation with external partners to improve the quality and competitiveness of company’s products.
Over the years LGTCM has grown from a small office having 3 members of staff into a multifaceted diversified organization with a team of 25 people and branches in four CIS regions representing the interests of almost all innovative departments of LG corporation in various fields of science and technology - electronics, electrical engineering, materials science, chemistry, etc. The team is united by corporate ideas and works on the principle of synergy. The team members are brilliantly educated and mostly possess doctoral degrees.
Our Center is proud of launching R&D units of LG Corporation in Saint-Petersburg and Moscow. The main customers of LGTCM are LG Electronics, LG Chem, LG Display, LG Hausys, LG Innotek and others.
Main advantage of Russian science always was its fundamental research in such areas as materials science, polymer science, solid state physics, organic, inorganic chemistry and others. This very fundamentality allows synergy between basic research made in Russia and technological innovation done by LG companies.
It is this synergy which allows to make up to 30 R&D projects per year, initiated and managed by LG TCM. The fundamental basis allows Russian scientists to approach projects which are hardly possible in Europe or USA. Therefore main advantage, which LG TCM uses permanently is a large network of highly qualified Russian scientists.
The Center’s partners are almost all leading organizations of the Academy of Sciences, educational institutes and universities, various manufacturing companies and start-ups in Russia, Ukraine and Belarus. Among the main long-standing partners can be mentioned Moscow and Nizhny Novgorod State Universities, INEOS, LETI, IP NASU, BSUIR, Center for Materials Science BAS, Skolkovo Foundation and many others. Currently LGTCM is extending its operation into the countries of Eastern Europe and Baltic region.
During these years the LG TCM serves as a bridge between Russian and CIS scientific institutions, possessing basic knowledge and doing mainly fundamental science, and LG group companies, which possess a huge potential for technology commercialization.
The concept of LG TCM’s operation has undergone changes over time depending on LG corporation business model, global market trends and ideology of LG products development and improvement. From information sharing and trivial outsourcing at the earlier stage LGTCM had to move to the open innovation strategy, based on the principle of «collaborate and innovate» and incubation of emerging technologies. Also whereas at early stages LG TCM was just an information provider, now it not only initiates up to 30 projects per year but also manages them.
Open innovation strategy presumes the synergy between the activity of commercial companies, targeted at commercialization of developed products, and the scientific research activity of universities, institutes and start-ups. The concept of open innovation implies a reasonable division of the whole process of development and commercialization, where LG and scientific organizations complement each other. LG TCM operates in the spirit of open innovation, and cooperation with scientific organizations is mutually beneficial and fruitful for all cooperation participants.
By using open innovation strategy LG TCM serves as a bridge between today’s science and technology of tomorrow.
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