A one-day conference offering leading-edge market intelligence on corporate alliances and a range of exciting growth and innovation ideas will take place on May 17, 2005 at the Royal Aeronautical Society, London.
The Global Corporate Venturing & Strategic Partnering Conference 2005 is the first-ever annual forum for the global community of corporate strategy alliance executives. The conference, organised by UK-based Greenhouse Ventures and the US-based International Business Forum*IBF Conferences (IBF), will provide leading-edge market intelligence on corporate venturing. This means the establishment of strategic alliances between major corporations and emerging technology companies that have developed ideas with real growth potential.
More and more global corporations are choosing the corporate venturing model: innovating, evolving and moving into new markets by bringing mould-breaking new technology, research and other ideas into their company from external sources rather than developing them in-house.
Companies that dont innovate die, explains Professor Henry Chesbrough, of the University of California at Berkeley and author of Open Innovation: the New Imperative for Creating and Profiting from Technology. While the key to successful innovation once lay in the controlled environment of the corporate laboratory, today the widespread distribution of useful knowledge makes such control unfeasible. Competitive advantage now often comes from leveraging the discoveries of others.
Many corporations find that corporate venturing is often less costly than investing in their own R&D. These young technology companies can bring to the table exciting new product lines, dynamic flexibility and remarkably enhanced technology capabilities.
Unilever, Motorola, Rolls Royce, Intel, Lucent, American Express, Dow Jones and Procter & Gamble are just a few organisations that have active corporate venturing wings to their businesses.
The conference is aimed at people working in the following areas:
chief executives, chief financial officers (CFOs), chief investment officers (CIOs) and chief technology officers (CTOs) of public and emerging growth companies
technology managers involved in acquiring intellectual property and emerging technology
new business development executives
strategic alliance executives
anyone involved in mergers & acquisitions
private equity investors
corporate attorneys working licensing and intellectual property lawSpeaker sessions include:
- The corporate venturing imperative: effective models for corporate innovation
- State of the market 2005: the changing innovation paradigm
- Converging innovation into solid growth
- Best practices in corporate venturing
- Developing a global corporate venturing and outsourcing strategy
- Intellectual property (IP) commercialisation & spin out strategies
- Corporate venturing as a window on potential acquisitionsFor further information about the Corporate Venturing Conference, please contact Stephanie Paige, International Business Forum*IBF Conferences, [email protected]