The Architecture of Innovation

The Architecture of Innovation

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Lerner, Josh Harvard Business School Publishing Corporation, 2012 Audio summary available
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In The Architecture of Innovation, Josh Lerner uses case studies and economic research to support a hybrid model for funding research. He proposes a model that taps into the best of corporate and venture-backed approaches and includes properly designed incentives to usher in a new era of innovation. The process by which companies successfully innovate may seem to be a mystery, but Lerner explores how this type of innovation can be stimulated. The key is to combine the right organizational structures with appropriately designed incentive programs.