Innovation Landscape for Enterprises
Managing corporate innovation is not an easy task. CEOs of large companies prioritize innovation in annual reports and speeches. It’s at the forefront of company-wide initiatives. Lead in it you must.
But historically, large companies have relied on R&D departments or university relationships to discover and introduce new technology. As technology / development costs significantly dropped, Fortune 500 resources or university infrastructures are no longer necessary to develop innovative solutions.
The landscape for finding fresh, nimble sources of innovation is starting to catch up to the demand. Here are examples of both new and old innovation sources that are primed to fulfill corporate needs:
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