Innovation Alchemy

An incisive and comprehensive new playbook for symbiotic partnerships In Innovation Alchemy: Building Strong Industry Engagement Partnerships for Impact and Economic Growth, leader of Global Partnerships and Alliances at MIT's Computer Science and Artificial Intelligence Lab, Lori Glover, delivers a compelling exploration of how to create mutually beneficial partnerships and collaborations in and between industry, academia, and beyond. You'll learn how to navigate, structure, and deliver win-win programs and take full advantage of research, faculty connections, new tech, student connections, professional development, capstones, course connections, technology transfer, and start-ups. Avoiding a “one-size-fits-all” approach, this book clarifies the foundations of solid partnerships and collaborations. It explains the author's 10 Steps to successful partnerships, including: How to understand the fundamentals and define your strategy Knowing your stakeholders and mapping their connection points Understanding possible paths of engagement, plan creation, and team building Innovation Alchemy offers checklists and tools to help you construct your own partnership plan and a complete roadmap for putting one into practice. It's an essential read for academic and industry leaders interested in unlocking the many benefits that flow from collaborations packed with case studies, leader interviews, toolkits, and additional resources.

Foreword vii Introduction ix Part 1 Step 1: Understand the Fundamentals 1 Part 2 Step 2: Define Your Strategy 63 Step 3: Know Your Stakeholders 80 Step 4: Map Your Connection Points 126 Step 5: Understand Possible Paths of Engagement 146 Part 3 Step 6: Create Your Plan 171 Step 7: Build Your Team for Success 182 Step 8: Execute the Plan 186 Step 9: Track Successes and Learn from Mistakes 197 Step 10: Innovate 200 Part 4 Toolkit 205 Additional Resources 237 Notes 239 Acknowledgments 247 About the Author 249 Index 251