3 Reasons Innovative Products Fail

March 10, 2014
Last week Barcelona was the place to be with both the colossal Mobile World Congress and the much more targeted Breakthrough Innovations (BI) conference. BI was focused on innovative product development with product leaders from a range of industries, including telecom to consumer products to... Read More

Wellspring Raises Growth Capital Round

February 11, 2014
I'm delighted to announce today that Wellspring has closed a $5M round of growth capital led by MK Capital. We concluded 2013 with our strongest year to date, posting substantial, profitable growth in each of our major sectors: academic markets, corporate innovation / R&D, and health care.... Read More

3 Ways to Get the Most Out of Your Innovators

January 30, 2014
You interview, hire, show them to their desks, and then what, hope for the best?  Hiring an inspired and innovative staff is one of the biggest challenges you as a manager will ever take on, but getting innovative results from your staff takes more than just hiring the best candidate. Read More

Is What You’re Doing Really Innovation or Just a Nice Idea?

January 27, 2014
What is innovation? Read More

PLM seeking LTR with OI

December 10, 2013
One of the biggest challenges in PLM is the integration of eBoMs with mBoMs to create a more efficient SCM while managing the growing complexity of your MPM as it relates to a broader PDM strategy. Read More

One Critical Mistake You Can Make in the Pursuit of Open Innovation

October 01, 2013
I recently attended TechScout 2013 in Amsterdam where I was able to listen to a variety of presentations on corporate open innovation programs. The event included participants who were in leadership roles as technology scouts and also showcased the resurgence of corporate venturing programs. Read More

The Number One Thing We Learned at Our First User Group Meeting

August 26, 2013
Everyone is getting back and settled in after the inaugural Wellspring Worldwide Sophia User Group meeting.  I can’t speak for everyone who attended, I know all of us at Wellspring Worldwide had a great time and learned a lot, too.  The User Group was a huge success, with more than 70 Sophia users... Read More

Snails and Solutions in the Nation’s Capital

August 14, 2013
What do competitive swimming, escargot, and stuffed owls have in common? Read More

The Optimal Level for Open Innovation Investment is 34%

August 06, 2013
A large number of papers, books, and blogs have touted the value and amount of investment devoted to Open Innovation. The focus has been the latest types of programs, case studies on particular companies, and “best” practices. However, a recent study has tried to measure the R&D performance from... Read More

Funding Technology Transfer Technology Commercialization Programs

July 30, 2013
I had the opportunity to listen in on the testimony of Dr. Brian R. Wamhoff (HemoShear, LLC), Dr. Elizabeth Hart-Wells (Purdue University), and Dr. Erik Lium (University of California) for the Subcommittee on Research and Technology last week. The subcommittee is currently evaluating draft... Read More
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