As Kevin Sullivan points out in his recent blog, partnerships are an important strategic approach to today’s R&D and innovation. Kevin recommends strategies that industry-winning manufacturers can follow.
Investments in innovation are exciting. They inspire creativity and they fuel our economy.
What an afternoon of innovation looks like at Cisco
I was thrilled to discover that an institute for manufacturing innovation was recently launched in Youngstown, Ohio. This effort embodies a publicly and privately-funded partnership aimed at fueling R&D and innovation. Along with the U.S. federal government, a consortium of impressive manufacturing firms, universities, community colleges and non-profit organizations formed a partnership called the National Additive Manufacturing Innovation Institute (NAMII). They contributed a combined $70M to the Youngstown manufacturing innovation effort.
Motivated resources from a variety of academic, manufacturing and business backgrounds will come together to advance technology and manufacturing. And what will this Youngstown institute focus on first? Additive manufacturing. What is additive manufacturing? It’s the more formal name for 3D printing. And it’s quite cool.
But what does 3D printing have to do with Cisco?