Engineer2Entreprenuer has a post talking about the trend towards Lazy Big Co. buying innovation from Fast-Smart Little Co, and offers this idea:
"Something that could help those big sterile companies is to support incubators so people with ideas can get together and try to make something new. They would take on the role of angel investors or VCs but they could also or instead provide office space in underused building and some of their salvage equipment that still works, old desks, chairs and the like."
Will never happen though....makes far too much sense. Fancy making something new when you can just acquire a company that has something new and bolt it on (and then sit back and watch it fail).
Some states have innovation new business development incubators: New Jersey is one who does exactly what you suggest.
Posted by: Jack Hardy | Tuesday, March 22, 2005 at 10:44 PM