article thumbnail

8 External Innovation Sources You should know

ITONICS

Having looked more closely at a company’s internal innovation sources , we will now examine the most important external sources. Academic and research institutions that run innovation programs funded by the company. Partnerships between companies and universities are one of the key drivers of the innovation economy.

article thumbnail

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. Are lean innovation and the Startup Way a failure in large companies? Jeff Immelt ran GE for 16 years. So what happened?

article thumbnail

8 External Sources of Innovation

ITONICS

Having looked more closely at a company’s internal innovation sources , we will now examine the most important external sources. Academic and research institutions that run innovation programs funded by the company. Partnerships between companies and universities are one of the key drivers of the innovation economy.