JOURNAL ARTICLE

Nurturing Innovation.

  • Published In: Harvard Business Review, 2024, v. 102, n. 2. P. 88 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Fayard, Anne-Laure; Majekodunmi, Jess; Mendola, Martina; Kenny, Rachel 3 of 3

Abstract

The article focuses on the critical role of intermediaries in sustaining successful innovation through long-term, collaborative processes rather than merely generating ideas. It highlights how organizations like Unreasonable Impact (UI), a partnership between Barclays and Unreasonable Group, carefully select entrepreneurs aligned with shared values and curate immersive experiences to build trust and psychological safety among participants. The article emphasizes that structured follow-up, holistic mentoring, and ongoing support for team dynamics are essential for moving innovations from ideation to implementation and scaling. Additionally, it illustrates how intermediaries nurture ecosystems that connect entrepreneurs with mentors, investors, and peers to sustain ventures over time, addressing a common gap in many open-innovation initiatives that focus primarily on short-term idea generation.

Additional Information

  • Source:Harvard Business Review. 2024/03, Vol. 102, Issue 2, p88
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • ISSN:0017-8012
  • Accession Number:175289655
  • Copyright Statement:Copyright © Harvard Business Publishing. All Rights Reserved. This content is intended for individual research use only, subject to the following: Unless permission is expressly granted in a separate license, this content may NOT be used for classroom or teaching use, which includes teaching materials, electronic reserves, course packs or persistent linking from syllabi. Please consult your institution's librarian about the nature of relevant licenses held by your institution and the restrictions that may or may not apply.Unless permission is expressly granted in a separate license, this content may NOT be used in corporate training and/or as corporate learning materials. For corporate users, please consult the specific terms of your company's license(s) for complete information and restrictions. For more information and teaching resources from Harvard Business Publishing including Harvard Business School Cases, eLearning products, and business simulations please visit hbsp.harvard.edu. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.