IDG Contributor Network: Why corporate innovation investment models are becoming more popular

In today’s tech-driven startup world, more CIOs than ever have participated in venture capital meetings and pitches. For those that haven’t, chances are good that they have kept up on the seemingly limitless spending habits of Silicon Valley firms such as Sequoia Capital, Benchmark and Andreessen Horowitz. Increasingly, CIOs are being tasked to manage corporate tech R&D, innovation and perhaps even invest in startups or new technologies to position their company for future success.

Whether or not this role is handed to a CIO or if it’s an effort to increase leadership standing (and budget allocation) among the C-suite, it’s critical to first understand the challenges of taking the reins of corporate innovation investments.

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