Demonstrating commitment to its strategy of innovation, Alcatel-Lucent’s Bell Laboratories (Bell Labs), a US R&D organisation, established a business incubator called Alcatel-Lucent Ventures around 2006. The unit was made up of intrapreneurial teams tasked with incubating game changing ideas and bringing them to market. Activities undertaken at Bell included: Developing tools and applications for the current generation of products; Carrying out R&D on the next generation of products and servic...
BPIR Categories3.2.3 Develop&integrate technology/innovation into concept
14.3.2 Implement an improvement approach/method/technique
3.6.1 Manage product/process/service development