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Author: | McMullan, W. E. |
Title: | Lessons from a low-budget innovation centre |
Journal: | R. and D. Management
1987 : JUL, VOL. 17:3, p.191-200 |
Index terms: | INNOVATION BUDGETING |
Language: | eng |
Abstract: | The strategy used at the University of Calgary's Low Budget Innovation Centre is analyzed with context of related strategies for supporting new innovative ventures. The experimental innovation centre was set up to offer services to community ventures by using the existing resources to serve those people developing new ventures in the community. The history of the centre is reviewed, some lessons drawn, and an operational model is formulated. It is concluded that educational resources of a university can be productively levered to produce substantial value for community ventures. |
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