We know how crucial innovation is to the success of a business and the wider economy, but how does it work in practice? Is it simply about the core idea, or about getting the process right? We’re familiar with the phrase, ‘it’s good to fail’, but how do you fail well so there’s a good outcome at the end? And what happens if you run out of money!
Host Sue Keogh is joined by Cassandra Padbury, Strategy, Innovation and Process Senior Consultant at Cambridge Consultants, the Science Park success story who develop products as varied as wine blending systems, asthma inhalers, smart gas meters and surgical robots.
Caroline Clark, from fellow Science Park residents Simprints, gives us insights from a startup perspective, talking us through the process of developing biometric fingerprint technology to help people in the developing world.