Innovation Intermediary
From Design+Encyclopedia, the free encyclopedia on good design, art, architecture, creativity, engineering and innovation.
Innovation Intermediary
An innovation intermediary is a type of organization that plays a crucial role in the innovation ecosystem by facilitating the flow of knowledge, resources, and expertise between different stakeholders. These intermediaries can take various forms, such as non-profit organizations, government agencies, or private companies, and operate in different sectors, such as technology, healthcare, or energy. One important aspect of innovation intermediaries is their ability to bridge the gap between research and commercialization. They help researchers and entrepreneurs to identify market opportunities, develop prototypes, and secure funding from investors. They also provide guidance on intellectual property protection, regulatory compliance, and other legal issues that may arise during the innovation process. Another key function of innovation intermediaries is to foster collaboration and networking among different actors in the innovation ecosystem. They organize events, workshops, and training programs that bring together researchers, entrepreneurs, investors, and policymakers to exchange ideas and build partnerships. By creating a supportive environment for innovation, these intermediaries can help to overcome the barriers that often prevent new ideas from reaching the market. Innovation intermediaries also play a crucial role in promoting social and environmental innovation. They work with social entrepreneurs and non-profit organizations to develop innovative solutions to pressing social and environmental challenges, such as poverty, climate change, and healthcare access. By leveraging their expertise and networks, these intermediaries can help to scale up social and environmental innovations and create positive social impact. Overall, innovation intermediaries are essential actors in the innovation ecosystem, helping to connect different stakeholders, foster collaboration and networking, and promote the development of new ideas and technologies. Their work is critical to driving economic growth, improving social welfare, and addressing global challenges.
innovation, ecosystem, commercialization, collaboration, networking, social innovation, environmental innovation
Innovation Intermediary
Innovation intermediaries are entities that facilitate and promote the development of innovative ideas within a given sector, such as design. They often specialize in connecting different stakeholders, such as designers, industry partners, and academic researchers, and providing resources such as information, capital, and technology transfer. They are typically involved in various aspects of the innovation process, such as scouting for new ideas and technologies, connecting entrepreneurs with investors, and providing technical and strategic advice to startups and established companies. The goal of innovation intermediaries is to ensure that ideas and technologies are efficiently commercialized and reach their full potential.
design innovation, technology transfer, venture capital, product development.
CITATION : "Ji-Soo Park. 'Innovation Intermediary.' Design+Encyclopedia. https://design-encyclopedia.com/define/innovation-intermediary?E=194037 (Accessed on October 14, 2026)"
Innovation Intermediary
Innovation Intermediary is a type of organization that facilitates the sharing of ideas and resources between the public, private, and third sectors in order to foster the development of innovation. It acts as a bridge that connects various stakeholders in order to bring together the right resources, connections and expertise to develop an innovative product or service. Innovation Intermediaries often provide training and support to help organizations foster a culture of innovation, while also helping them to develop new products or services to meet customer needs.
Innovation Intermediary, Ecosystem Development, Technology Transfer, Ideation.
Innovation Intermediary on Design+Encyclopedia
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