Driving Creativity and Commercialization: Innovation by Design

The Conference Board of Canada, 25 pages, November 20, 2014
Briefing by
3.9/5 based on 7 reviews
(You must be signed in and entitled to rate this report)
This briefing examines three initiatives—innovation ecosystems, sandboxes, and harnessing the power of big data—implemented by the Massachusetts Institute of Technology to create a thriving innovation culture.

Document Highlights

In October 2013, representatives of The Conference Board of Canada and a group of innovation-focused executives travelled to Cambridge, Massachusetts, for a study tour at the Massachusetts Institute of Technology (MIT). The tour provided an experience not only to “see” and “feel” the day-to-day workings of MIT’s innovation ecosystem, but also to hear from experts in the field. This briefing explores the overarching lessons learned on this study tour: the conditions necessary to encourage a robust innovation culture and ecosystem can be built specifically for that purpose. Moreover, the creativity that so many of us assume is innate is actually sparked through a collection of deliberate design elements such as those we saw applied at MIT.

The briefing examines three initiatives—innovation ecosystems, sandboxes, and harnessing the power of big data. Through a detailed literature review, targeted interviews, and a collection of lessons gleaned from the study tour, it provides insights and showcases best practices employed in some of the most successful examples of cross-pollination.

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.