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Innovation hubs created by corporations have grown in popularity in the past decade. But with a growing number of failed innovation hubs helping fuel the criticism they have garnered over the years, it makes one wonder if that criticism is warranted or if there’s something else causing them to fail. Move fast and fail often Innovation hubs are often created by a startup, established company, or a group of companies. The goal is to apply the startup “move fast and fail often” approach to deliver new innovations that can spin back to the company. In other words, how can big companies launch…

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