01
What is a corporate innovation lab?
A corporate innovation lab is a team set apart from day to day delivery to explore new products, services and processes. Good labs produce a steady flow of tested concepts. Many also capture inventions along the way.
02
Open innovation and outside partners
Open innovation means bringing in ideas and help from outside the company: universities, startups, suppliers and specialist partners. It works best when ownership and confidentiality are settled before anything sensitive is shared.
In our engagements, ownership and assignments are set in the agreement, and counsel determines inventorship from actual contribution.
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03
Build in-house or partner?
Building a lab takes hiring, budget and time before the first useful concept. Partnering gets a working method on day one. Many companies start with an outside lab and decide later whether to build their own.
Signs an outside lab may fit
- Engineering is fully booked on delivery
- Leadership wants new revenue lines or a stronger moat
- A launch, round or acquisition is coming and owned inventions matter
Common questions
Is Idea Partnership a corporate innovation lab?
We are an independent ideation lab that works as an extension of your team, focused on new inventions and the records patent counsel needs.
Can a smaller company run open innovation?
Yes. It can be as simple as one well-scoped outside partnership with clear ownership terms.
Do you replace our engineers?
No. We work with them. Their time is used where it matters most, and contribution is recorded so counsel can decide inventorship.
Get lab output without building the lab.
Schedule a short call to see whether an outside lab fits your plans.
Schedule a Strategy CallIdea Partnership is not a law firm and does not provide legal advice. This page is general information only. Consult licensed patent counsel about your specific situation.