Strategy+Business magazine published the article “Hotbeds of Innovation,’ by veteran journalist William J. Holstein, showing how strategic partnerships between large and small companies can jumpstart R&D. Continue reading →

White House announces Startup America to foster innovative, high-growth firms in US. The initiative is a coordinated public/private effort that brings together an alliance of innovative entrepreneurs, corporations, universities, foundations, and other leaders, who work in concert with a wide-range of federal agencies to dramatically increase the prevalence and success of American entrepreneurs. Continue reading →

The foresight report by Anthony Townsend (Institute for the Future), Alex Soojung-Kim Pang (Institute for the Future), and Rick Weddle (Research Triangle Foundation) challenges the model of self-contained research parks and incubators that dominated Continue reading →

As companies begin to refocus on growth, innovation has once again become a priority: in a recent McKinsey survey 84% of executives say innovation is extremely or very important to their companies’ growth strategy. Continue reading →

The geographical expansion of innovation networks globally is giving rise to various forms of hybrid systems of innovation in which established innovation hubs cooperate with agents and organizations scattered all over the world. Any innovation ecosystem can develop a hybrid dimension by using digital / virtual platforms Continue reading →

Open innovation, or the process where R&D occurs outside of the commercializing firm, has become a boon for small businesses and entrepreneurs but the effects on new firms has not been fully studied. Continue reading →

How should the energy sector best respond to the threat of climate change? In this introductory chapter to a forthcoming book, Harvard Business School’s Rebecca M. Henderson and Richard G. Newell of Duke University frame the discussion by highlighting the volume’s contributions concerning four particularly innovative sectors of the U.S. economy: agriculture, chemicals, life sciences, and information technology. Continue reading →