StarNet -- Innovating through Alliances

THE INNOVATION:

An Innovation Alliance provides a legal,  financial and innovation management platform to enable stakeholders across an innovation network to come together to address specific innovation objectives.

Paul Masson, Managing Director
StarNet - Harnessing the Power of Partnership
www.starnetllc.net

Why would someone form an Innovation Alliance?

To hear the full conversation, listen to the podcast....

Excerpts:

- We have innovated a way to organize individuals [from different organizations] to innovate in a group. Innovation for us is any novel combination of knowledge to get to any advance that we need to get to.

- Making the [innovation] alliance temporary helps to [ensure] a clear purpose, a clear organizational structure, and the motivation for everyone to achieve the goal.... When the goal is achieved, [the alliance] does not have a self-interest to continue. Everyone has a homebase to go back to.

- The amount of risk you take financially, sharing equipment, sharing ideas... is a direct function of how much reward you get.

- There's no getting around that systems team.. It has to fit into a group. It has to fit into our national legacy systems..... into finance.... into training..... university curriculums... how HR reviews are done. It's all got to fit.

- There are three basic things that are achieved at an innovation level, a national level, and an international level: time-savings... money-[savings]... and the ability to create a systems-solution.

- [Disparate players] think and operate in very distinct sectors... [In private] we grouse about each other...When we are required to come together to solve something, you lay that aside.

- I've been fortunate enough to have great people who know about human systems... government... intellectual property... I hold myself accountable... because I learn every day...