A group of senior stakeholders responsible for the oversight and governance of the innovation project.
Co-Innovation: Collaborative creation of value by parties leveraging shared resources and knowledge to achieve mutual benefits.
Acquisition: A business strategy where one company purchases a majority stake in another to boost growth and market presence.
A term used to describe a company's ability to make a profit over a certain period of time.
Gatekeepers play a crucial role in the innovation process, making 'Go'/'No-Go' decisions at each phase. Their decisions need to be fact-based and objective.