Building an Open Innovation Ecosystem: The Evolution of Build/Buy/Partner/Invest Models

Andrew Backs

Founder at Pilot44

as recorded on 15 February 2022 as part of Innov8rs Connect on Startup Collaboration & Ecosystem Engagement

Exploring emerging, integrated approaches to corporate open innovation. How can large companies reach outside their 4-walls to exploit the insights, expertise and investments of the broader open innovation ecosystem? We will explore how corporate innovation programs can spot emerging trends & threats, exploit emerging technologies, identify new partner, build, invest and acquisition opportunities – all in the service of accelerating innovation outcomes, building competitive advantage and driving growth.

Andrew focused on how benchmark corporate open innovation programs are breaking down internal silos, leveraging the broader ecosystem to gather “outside-in” perspectives on disruption and are providing a common framework, tools and methodologies to unlock integrated build/buy/partner/invest decisions.

About the speaker

Andrew is the founder of Pilot44, today’s most trusted Corporate Innovation & Venture Building Studio. Prior to founding Pilot44, Andrew led Procter & Gamble’s open innovation effort in Silicon Valley. He is an experienced corporate entrepreneur that spent 10 years at P&G and has marketing, retail, finance, M&A, and extensive business development experience. Andrew has a unique talent for bridging an entrepreneurial approach with the complexities of large company operations, cutting through the noise to bring meaningful solutions to market.

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