Innovation In-House (Autonomous Lab Approach) - Deepstash

Innovation In-House (Autonomous Lab Approach)

The lab is a more-or-less autonomous business unit that can benefit from its parent company's resources, knowledge, and innovation base. Moreover, it is free from the bureaucratic ways of decision-making of many large companies.

This results in new or unique opportunities that can be explored quicker while bypassing the strict corporate guidelines and procedures. In some cases, the lab can sell its services to the parent company's clients, increasing revenue.

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harleyjj

Deep thinker. Like talking about the world, religion and politics.

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