As concerns for personal and environmental health continue to build, a growing proportion of consumers have chosen to replace traditional cleaning products with green, eco-friendly products. Despite early skepticism that consumers would actually change their purchasing habits, this shift in...
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Of the many procedural and technological changes in manufacturing over the past few decades, 3D printing is one of the more futuristic concepts to emerge. When the world stabilizes from the COVID-19 pandemic and its economic effects, 3D printing is one emerging technology with a trajectory that may...
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As the effects of COVID-19 continue to ripple through the economy, many tech scouting teams are facing a new and evolving reality. As a wide variety of industries are racing to keep the core business intact, new innovation projects have taken a backseat. We’ve seen many teams re-order their...
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As countries around the world brace for - or are currently dealing with - the impact of the COVID-19 virus, companies, government and religious organizations, schools, and other social groups have been looking for ways to protect their communities. Many have begun to promote and encourage social...
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The personal care industry has seen many trends come and go over the years. With promises to revitalize and rejuvenate, clarify and cleanse, or depuff and detoxify, marketers have effectively built associations between certain ingredients, like charcoal or cucumber, and these claims/promises....
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Sometimes, when a breakthrough technology emerges, expertise is concentrated in a small group of specialists, and one or two regional ecosystems dominate the landscape. In the past, tapping into that knowledge base might have meant attending a few conferences, working the Valley’s network, and then...
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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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As a long-time sponsor of the AUTM Annual Meeting, Wellspring is looking forward to meeting attendees in Phoenix this year. Whether this is your first event or you’re a regular at AUTM, it always helps to prepare for the four days of professional development and networking. With so many engagement...
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Identifying cutting-edge technology is simply the first step of technology scouting. The key to effective tech scouting is to capture the right opportunity at the right time. We assembled a list of five tactics to help you streamline your process.
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