Expert innovation roundtables were started to help ensure that the U.S. remains a global leader in innovation. In order to accomplish that goal, these roundtables bring together experts in a wide variety of business industries in order to seek new ways to encourage established corporations to open up to the idea of innovation as a part of their usual policies.
Why Talk About Innovation?
One idea that has sprung up from these roundtable discussions is the idea that established corporations join forces with new innovative and agile startups in order to bring fresh product and business ideas.
The main focus of these discussions have focused on the idea that corporate innovation labs need to provide the right type of incentives for start ups to want to join forces with your corporation. This means offering these start ups support for their innovative ideas, their processes, and in some cases even financial support.
While corporations need to provide support to startup companies, they also need to allow the startup to have enough autonomy to be innovative. Applying the same rules to their innovation labs and startup companies as they do to their day-to-day corporate business is simply not going to work.
These innovative roundtables have brought forth the idea that corporations need to quit viewing innovation as disruptive to their business and begin to accept the idea that in order to achieve big innovation ideas, corporations need to invest time and allow for experimentation and failure in order to reach the peak of innovative successes.
The Future of Innovation
The upcoming areas of innovation that corporations need to focus on are in the fields of artificial intelligence, 3D printing, and health care. These are the fields where real innovation is needed and where innovative startup companies are focusing their energies. These are the fields that will contribute to the biggest technology changes in the future.
In order to make innovation a priority, these roundtable discussions need to continue in order to encourage corporations to relax some of their rules in certain situations in order to fully be able to create an atmosphere where innovative ideas are valued and innovation can flourish. The need to continue to push the envelope and embrace those startup companies that have young out-of-the-box thinkers who are willing to take the risks that are necessary to develop the latest innovation that will keep the U.S. leading the way not only in business, but in the fields of technology, medicine, and beyond.
It is only through being able to embrace new ideas and those people who have those ideas that this country can continue to be a leading influence in the development of new technologies that will help people live better and more successful lives. Continuing innovation roundtables will help provide great ideas to businesses on how to attract the very best of the more innovative start up companies to move these corporations and the world forward.