BASF

Open innovation: with concentrated know-how
and expertise towards new innovations

BASF New Business develops new markets outside BASF's core business areas. 

Remaining competitive in today's global economy demands close networking of companies and research units along the value adding chains.
In contrast to closed innovation processes, we involve consultants, partnerships, licensing-ins, venture capital investments and acquisitions in our projects.

We involve in our projects:

  • Consultants
  • Partnerships
  • Licensing
  • Venture Capital Investments
  • Acquisitions
The selection: from the idea to commercialization

Practical example:

BASF's Joint Innovation Lab for organic electronics is one example of how different companies and institutes can benefit from each other.

Joint Innovation Lab