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In the Us many of the science research projects are reffered to as skunk works. The idea originated at US aircraft manufacturer Lockheed in 1943,
In the Us many of the science research projects are reffered to as "skunk works". The idea originated at US aircraft manufacturer Lockheed in 1943, when they had to bring a new airplane to market in record time. "skunk works' are now widley used by coorperations world wide. it is a small loosely structured group of people who work on a project usually in involving a radical innovation. The group is isolated from the main organization and operating autonomously.
Are "skunk works" an example of corporate venturing or corporate venture fund?
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