The innovation process is fleeting for most; a spark of an idea evolves into the potential for a product. Inspiration comes – and then goes. But innovation can be institutionalized. Founded in 1998, during the height of the dot.com boom, The Foundry has created a framework around medtech innovation, one that’s created more than 15 companies valued at over $2 billion including Ardian Inc. (acquired by Medtronic PLC) [See Deal] and Evalve Inc. (acquired by Abbott Laboratories Inc.). [See Deal]
But even innovation needs to change.