The week in innovation: Covidien, Pixar & Virgin

By Christa Avampato, Contributing Writer

Covidien launching innovation centers in developing world

covidien-200The $10.2 billion medical device company Covidien has opened its fourth innovation center in the developing world, this one in Istanbul, Turkey. The Covidien Center of Innovation will feature high-tech labs, surgical suites and an auditorium, and will be used to train clinicians on procedures using Covidien instruments and solutions. The company’s other innovation labs are located in Mumbai, Shanghai, and South Korea (pictured at left); according to Zacks Research, another is planned for Sao Paulo, Brazil.

Five innovation lessons to be gleaned from Bitcoin

According to Brookings Institute senior fellow and UCLA engineering professor John Villasenor, cypto-currency Bitcoin actually provides some interesting lessons for large corporations on the future of innovation. Aside from some obvious points — like the decentralization of Bitcoin, and the impact of low-cost digital storage — Villasenor notes how self-publishing and the “perceptions” of innovation impacted Bitcoin’s success. Forbes.com has the complete article.

... continued ...

Gated Article Promo

Read the rest of the article ... and give IL a test drive!

Complete the form below for a 3-day trial of Innovation Leader, including access to case studies, research excerpts, live calls, and other resources. Got questions? Get in touch »
SEE INNOVATION LEADER IN ACTION!
Watch this quick video to see the main benefits of Innovation Leader membership.
 
Innovation Leader
What Is Innovation Leader?
Are you responsible for creating new growth in a large organization? We've got you covered. IL members get full access to our research, articles, case studies, live events, webcasts & conference calls, downloadable resources and more. Become a member »

Case Studies, Articles
Members-only online access to articles, case studies, best practices, video tutorials, more.
RESEARCH REPORTS
Exclusive reports on topics including metrics, benchmarking, labs, compensation, and more.
IL Events LIVE EVENTS
Member discounts to our one-of-a-kind, loved-by-participants live learning events.
Il Resources RESOURCE CENTER
Dozens of downloadable checklists, innovation frameworks, spreadsheets, and dashboards.
Learn More & Become a Member