Wellspring Blog

With the dilution of the R&D monopoly most Fortune 50 company could wield through mass corporate research parks such as Xerox’s PARC, organizations have begun to compensate through external technological innovation. Given the reality that no single organization has more than 1% of the global R&D... 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

  Open innovation has been positioned as a solution to myopic internal R&D efforts, with crowdsourcing being the primary means with which large organizations are willing to outsource their internal R&D. While crowdsourcing is effective in solving small problems such as coloring and naming of... Read More

With a growing emphasis on developing clusters of innovation through public/private partnerships, universities have increased investment in technology centers and research parks. However, given the constraints placed on research parks in terms of financial and personnel resources, institutions need... Read More

How does a research office demonstrate economic, technological, and social impact? Given the high expectations placed on research parks in terms of innovative capability and economic impact, being able to automate data management and reporting is crucial to identifying whether current efforts and... Read More

For research park offices, technology accelerators, and economic development corporations, the quality of tenants and applicants is much more important than quantity. Although offices may benefit from an increased number of applicants, these offices depend on high quality applications being... 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

With successful licensing agreements the goal of both tech transfer offices and tech scouting teams, how are these deals successfully negotiated? While many open innovation platforms focus on finding the technology, not enough focus is given to how to acquire the technology in question. As such,... Read More

External technology evaluation processes vary greatly across organizations based on the internal needs, industry trends, and corporate strategy. However, organizations that have a high throughput of technologies in their evaluation process find that maintaining a detailed structure allows them to... Read More

   External technology networks consist of industry experts, supply chain partners, university researchers, start-ups, and government research laboratories. These technology networks change as new partners emerge and new technologies are unveiled within existing partner networks. In order to gain... Read More