Innovation labs have become popular as a way for established corporates to manage innovation. A quick search of the term “innovation labs” on Google news reveals quite a large number of innovation labs being opened on a monthly basis. Companies like Huawei, Unilever and Cisco have all launched new innovation labs in the past month. It appears that companies are finding innovation labs to be good way to explore new technologies and startup ideas.
Image: Samsung's Creative Lab - Photographer: Jean Chung/Bloomberg
