External Innovation Funding
The conversation highlights the limitations of relying solely on internal funding for innovation, which can lead to a narrow perspective and missed opportunities. Emphasizing the pharmaceutical industry as a model, it showcases how companies can license ideas to startups, allowing for greater flexibility and potential success. This approach not only fosters innovation but also creates valuable partnerships that can benefit all parties involved.In this clip
From this podcast
The Next Great Thing
Most Companies Think They're Innovative
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