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April 22, 2008

An innovation in innovation

Here is a great idea in how to spread great ideas -- Planet Eureka!. Planet Eureka is a new web site for exchanging ideas.

As today's Wall Street Journal explains:

Next week, Eureka Ranch Technology Ltd. of Cincinnati plans to unveil the USA National Innovation Marketplace -- an online registry where researchers and inventors can post ideas they've developed. Businesses can then browse through those ideas by category, much like searching through résumés at a job-hunting site. If the companies see something they like, they can contact the inventor to buy the idea or collaborate on it.
Companies of any size can use the registry. But small companies will be able to view new innovations first. They also can list ideas or products that they've developed and want to pitch to big businesses.

The website registry is funded in part by the Commerce Department's Manufacturing Extension Partnership (MEP). MEP certified companies get first crack at the ideas. Then the data is opened up to everyone.

That is the way the public-private partnerships to foster innovation should work!

Posted by Ken Jarboe at April 22, 2008 02:34 PM

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