There are a lot of organizations out there that help build and strengthen relationships between universities and corporations, bridging the gap between theory and application. These relationships are critical for both parties. For corporate innovation teams, establishing academic partnerships is a...
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Open innovation has hit the insurance sector, and many of the established giants are feeling the pressure. With industry giants like Nationwide, State Farm, Allstate, and AXA forming internal incubators and innovation programs to deal with the challenge from upstart competitors, the importance of...
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Organizing Your Innovation Ops Laura Kusumoto, guest speaker The challenges of innovation management are familiar to most corporate innovation leaders –defining and re-defining innovation’s mission; dealing with redundant, competing, or pet projects across an organization; budgeting for the...
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While the innovation prowess of the top-performing companies are well known, the “big business” side of the market only represents one-third of the $30 trillion dollars in private sector gross receipts. The mid-market, representing another third, is largely defined as firms with annual revenues of...
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Maintaining an innovation network is easier said than done. With 150 scientific articles, 720 patents filed, and 80 startups founded every 30 minutes, even the most lavishly staffed innovation teams cannot parse this level of data.
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Industrial agriculture is a highly complex operation. We've practiced agriculture for some 12,000 years, and in that time have continued finding innovative ways to feed a growing population. Dow AgroSciences is very open about the complexity of their R&D pipeline. They told Grainews in 2016 that,...
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There’s a seismic shift underway in the nature of innovation management. All the momentum that was once with the wealthiest, most resource-rich enterprises has changed hands; it’s now at the command of organizations that pay the closest attention to externally originating innovation opportunities.
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Crowdsourcing isn’t new as an innovation technique. We can find large-scale examples of it going as far back as the 1700s, like when the British government offered more than $26,000 to whoever could figure out how to determine longitude at sea. It’s the way we go about crowdsourcing that has...
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The 2017 R&D Trends Forecast by the Industrial Research Institute estimates that global R&D investment will increase by 3.4% in 2017 to $2.066 trillion with academic institutions and federal labs making up a significant portion of that total. Government and academic researchers play a critical role...
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