Investments in innovation are expected to increase 1.8X in the next five years, but increasing budgets does not necessarily lead to better results. Successful innovation programs require a combination of practical steps and a holistic approach.
Designing the ideal innovation portfolio involves a three-step process: identifying the rate of external change, setting growth goals, and designing the selection process.
Dr. Jessica Flechtner of Genocea Biosciences discusses her journey in progressing the company from startup to going public in this Innovation Ecosystem podcast.