Blog: 8 Instruments to Monetize Innovation
Different industries, different days, similar urgent needs, same question. And the question? How do they catalyze emerging businesses to accelerate revenue and EBITDA growth? One of them put it well, ‘our traditional growth model, itself, needs innovation. We are looking for new ‘growth engines’.’ They are both exploring a mixture of business incubators and accelerators, venture funds and IP licensing arrangements – all instruments designed to support growth. But they were both stopped by a simple question: which instruments do you use when and for what purpose?