Innovation Alchemy

PRAISE FOR InnoVaTION ALCHemY “Lori Glover’s understanding of ecosystem dynamics is spot on. She has created a straightforward playbook that simplifies the complexities of building a successful ecosystem. As a nonprofit industry association leader, I know firsthand that breaking down silos and working together is essential to driving economic success.” —SARA FRAIM, CEO, Mass Technology Leadership Council “At Nasdaq, we recognize the strategic importance of fostering innovation partnerships between academia and industry. This book provides valuable insights and practical tools for creating impactful collaborations, essential for driving growth in today’s fast-paced technology landscape.” —DAVID BIRNBACH, Head of University Partnerships, Nasdaq Labs “This book is the essential guide to building industry university partnerships that will stimulate short-term results and provide a tangible blueprint for long-term success. MIT’s CSAIL Alliances program has been our indispensable North Star since day one. What a gift to our economic development community to receive such a definitive guide from the expert who built the model!” —KATIE STEBBINS, Executive Director, Food & Nutrition Innovation Institute “As the founding director of CSAIL Alliances, a partnership between MIT’s largest lab and over 100 leading companies, Lori Glover has created a remarkable engine of mutual benefit. For the lab’s researchers, it has enabled a multitude of ambitious research initiatives and a deeper understanding of practical challenges; for the companies, it has given a window into new ways of working and using technology. With this book in hand, in which Lori shares the secrets of her success, research groups and companies everywhere will learn how to build their own collaborations and shape the future of technology.” —DANIEL JACKSON, MIT Professor, Author of The Essence of Software: Why Concepts Matter for Great Design “A must-read for faculty and industry innovators who seek to bring industry and academia together.” —ALEX “SANDY” PENTLAND, Entrepreneur, Stanford University An incisive and comprehensive new playbook for symbiotic partnerships In Innovation Alchemy: Building Strong Industry Engagement Partnerships for Impact and Economic Growth, leader of Global Partnerships and Alliances at MIT's Computer Science and Artificial Intelligence Lab, Lori Glover, delivers a compelling exploration of how to create mutually beneficial partnerships and collaborations in and between industry, academia, and beyond. You'll learn how to navigate, structure, and deliver win-win programs and take full advantage of research, faculty connections, new tech, student connections, professional development, capstones, course connections, technology transfer, and start-ups. Avoiding a “one-size-fits-all” approach, this book clarifies the foundations of solid partnerships and collaborations. It explains the author's 10 Steps to successful partnerships, including: How to understand the fundamentals and define your strategy Knowing your stakeholders and mapping their connection points Understanding possible paths of engagement, plan creation, and team building Innovation Alchemy offers checklists and tools to help you construct your own partnership plan and a complete roadmap for putting one into practice. It's an essential read for academic and industry leaders interested in unlocking the many benefits that flow from collaborations packed with case studies, leader interviews, toolkits, and additional resources.