By Marc Dresner, IIR
helicopters, and it's probably not the first place one would expect to find a
robust open innovation program.
multi-billion-dollar aerospace company known for its engineering brilliance
need to look outside its own walls to innovate?
Disruptive Technology Lead, deep pockets and personnel aren't enough for any
R&D architecture just doesn't work anymore,' Hartman told me in an
product cycles that are happening, so you have to venture out into an open
innovation model,' he added.
individuals to technology that used to constitute a competitive advantage for
large corporations has democratized innovation.
I can wander in and use a multi-million-dollar machining facility. I can go
online and utilize supercomputing technology'So the gap has closed for anyone
to innovate like a large corporation,' he said.
companies, Hartman also notes available venture funding has been shrinking,
which has enabled Sikorsky and other corporations to invest in entrepreneurs'much in the vein of VCs.
really where corporations can fill that gap and help accelerate technological
innovation,' he said.
says investing in entrepreneurs can actually prove more efficient than spending
the money internally.
can do more with less and faster with entrepreneurs,' said Hartman.
interview series'Jonathan Hartman discusses the trend of big companies
investing in entrepreneurs to fuel innovation and how Sikorsky is putting it to
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ABOUT THE AUTHOR / INTERVIEWER
Marc Dresner is IIR USA's sr. editor and special communication project lead. He is the former executive editor of Research Business Report, a trade publication for the marketing research and consumer insights industry. He may be reached at firstname.lastname@example.org. Follow him @mdrezz.