9Accelerating Innovation

CORPORATIONS

I walked into my office in mid-2010 and found a note on my desk. “Bill from Ford called. He wants a TechShop. Call ASAP.” My heart skipped a beat. “Bill from Ford.”

Well, it wasn’t Bill Ford, chairman and former CEO of Ford Motor Company (more on Bill Ford in a minute). It was Bill Coughlin, president of Ford Global Technology. Among Bill Coughlin’s responsibilities as head of licensing at Ford is that of increasing the quality and number of patents Ford develops. He also happens to be a big believer in open innovation principles as a way of extending and expanding innovation coming into automobile companies. This may be considered radical by many in the industry, but Ford is doing some interesting things, ...

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