Ericsson Innova exports Silicon Valley-style innovation to enable 20,000 people in 10 countries. Inspired by the venture capital model, employees are able to submit ideas and get funding to turn their ideas into products. “Design thinking” methods are used to achieve repeatable innovation.
Ericsson is headquartered in Sweden and has 100,000 employees in 180 countries. The company is rooted in the telecoms industry with over 100 years of history. Ericsson provides networks that enable fixed and mobile internet to operators across the world.
The IP (intellectual property) and broadband development unit, responsible for starting Ericsson Innova, is headquartered in Silicon Valley and has 6,000 people across North America, Europe and Asia….
Broner’s full article can be found on page 27 of our February magazine.