US-based social network LinkedIn has set up an incubator to allow employees up to three months “to turn their ideas into reality”.
The unit has been branded [in]cubator, in a play on words on LinkedIn’s name.
Kevin Scott, senior vice president of engineering at LinkedIn, said in a blog post: “Once a quarter, any LinkedIn employee can come up with an idea, put together a team, and pitch their project to the executive staff.”
The teams pitching ideas to be incubated have their ideas selected by a panel including Scott, chief executive Jeff Weiner, co-founder Reid Hoffman and Deep Nishar, senior vice president of products and user experience.