Strategy and Innovation

The New Architecture of American Innovation

Professor Ashish Arora explains how the US innovation system moved from corporate labs to a university-rooted hybrid model, and what it means for sectors like deep-tech

From Edison's Menlo Park "Invention Factory" 150 years ago to the corporate research laboratory, the American innovation system relied on multidisciplinary teams to investigate, develop, and commercialize new ideas, while also licensing patents to industry. That bridge between science and commerce looks very different today,… read more