Wellspring Blog

Managing Innovation Project Pipelines Read More

There are four main tactics that organizations commonly use for inbound open innovation; tech scouting, vertical collaboration, horizontal collaboration, and technology sourcing. These four tactics are all positively correlated with innovation performance and are all useful to firms who are seeking... Read More

Why horizon scanning is valuable Read More

New tech scouting teams need to establish a clear scouting process early on to avoid mistakes down the road. Most scouting units are less than three years old, and as such, many are still experiencing growing pains and uncertainty. If your company has recently formed a scouting unit, there are some... Read More

The AUTM Annual Meeting is a great place for corporate technology scouts and business development teams to discover emerging university technologies. However, with over 500 attendees and three days of sessions, learning about every new invention just isn’t possible. To make the most out of your... Read More

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

Having difficulty sorting through external technology in a way that easily translates into a business strategy? Scouting teams are faced with the difficult challenge of scouring through an ever-increasing pool of external innovations and identifying which ones have the potential to create a... Read More

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5 Tips for Successful Industrial Research Partnerships Read More

To those of you who did attend, thank you for making the 2015 Wellspring User Group Meeting our most successful user group meeting to date. The event was a tremendous success for us, and we received very helpful suggestions for the continued improvement of Wellspring products and client... Read More