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TECH BUYER Sep 2017 - IDC Perspective - Doc # CA43013017

The Global Innovation Center: A Catalyst for Change

By: Jason BremnerResearch Vice President, Industry and Business Solutions, Mark SchruttStrategic Advisor, Public Sector & Innovation Research

Abstract

This IDC Perspective is based on IDC interviews with more than two dozen innovation leaders and a study of scores of other innovation centers. All innovation centers we studied for this document were created in the past five years; the majority having opened their doors in the past two years.

Innovation is the centerpiece of the future. Innovation centers are a real, tangible vehicle to funnel creativity and experimentation. These centers provide established firms a gateway to change culture, attract the best and brightest talent, and develop new relationships and partnerships.

"Around the world, innovation centers are integral for leveraging technologies in new and different ways," says Mark Schrutt, strategic advisor, Innovation and Public Sector research at IDC Canada. "These innovation centers are leading to different and new ways of looking at business and establishing more meaningful connections between start-ups, universities, and established firms. More importantly, innovation centers are setting the groundwork for new product introductions, new revenue sources, and shifting the culture in many '100-year-old' enterprises."


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