Embracing Organizational Ambidexterity

October 19, 2017
Although open innovation serves as a path towards greater openness in product innovation and organizational growth, it is not immune to the typical failures that can be found within any business system. Failures in open innovation programs don't necessarily mean that open innovation itself is... Read More

Everyone Is a Tech Scout, Including You

September 30, 2016
Technology scouting remains vital for the innovation of organizations, yet you do not consider yourself to be a tech scout. Maybe you should. Although it may not be in your job title, tech scouting is most likely embedded in your job description. Even though there are few dedicated tech scouts,... Read More

7 Transformative Biotech Start-ups to Scout in 2016-17

August 29, 2016
“The Biotech industry is, by its very nature, a live representation of the trophic cascades and a field that ruled by pure Darwinism,” as I noted at the “start-ups and tech transfer” roundtable session during the American Society for Cell Biology in San Diego, CA last year. Read More

Evaluating Technology Readiness —A Formal Equation

August 01, 2016
Is it time to rethink the nearly twenty-eight-year-old technology readiness level (TRL) framework? The TRL is by far the most popular evaluation framework for corporate technology scouts, but although it can easily be applied to a wide range of opportunities, the generality of the system ignores... Read More

Scouting Innovations to Transform Power

July 22, 2016
The electric utility industry is experiencing sweeping, radical restructuring. Legacy bulk-power grid systems are becoming obsolete. As the bulk-power grid wears out, investment is failing to keep up with deterioration. Add on a growing population and more extreme weather, and the power grid is... Read More

How Do Technology Silos Form in CPG?

May 13, 2016
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How do top semiconductor companies scout for new technology?

March 24, 2016
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How Do Chemical Industry Leaders Innovate?

February 24, 2016
      Employ Technology Scouting and IP Management For many industries, innovation is a slow and costly process. This is especially true of capital-intensive verticals such as chemical manufacturing. Yet, innovation remains a top priority for corporate bosses in the chemical industry and a major... Read More

2015 Year In Review for Wellspring

December 17, 2015
2015 has been a year to remember, and we are proud to provide the most robust software solutions for Technology Scouting, Corporate Venture Capital, Tech Transfer, Sponsored Research, and Clinical Trials management. Our dedicated team of professionals has worked hard this year to continue advancing... Read More
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