A shining example of incubation strategy by BT''s former subsidiary.
Creating revenue out of a utility’s non-core research projects is a long-term and challenging project, but out of the partnerships that are formed can come worthwhile businesses and market knowledge.
UK-based phone operator BT Group’s experience with spinning out its corporate incubator and the partnership with venture capital firm New Venture Partners (NVP) reveals many of these challenges. It also, according to a recent academic study of BT’s incubator, "shows the emergence of a new model of corporate innovation in…