Newlab: Scaling an Innovation Engine

Name: Newlab: Scaling an Innovation Engine (English version)
SKU: 723364

Khanna, Tarun; Gonzalez, George

Product #:723364

Supplier:Harvard Business School

Discipline:Entrepreneurship

Setting:United States

Details:Case (PDF) • 15 pages • 2022-08-16 (Rev: 2023-02-17)

Subjects:

Entrepreneurship Entrepreneurship

Geography:

United States North America

Your Price:

$12.40

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Silicon Valley-veteran Shaun Stewart is the CEO of NewLab, a dynamic technology hub headquartered in the storied Brooklyn Navy Yard. Founded in 2016, NewLab fostered a community of entrepreneurs, corporate and government partners, and investors, all seeking to apply cutting-edge technology to solving global problems at scale. Stewart has expanded the business beyond the early membership subscription model to now include corporate partnerships, a venture studio, and an investor network. Partnerships include the likes of Ford, Verizon, and IBM, as well as civic organizations like NY State, and various nonprofits and academic institutions. Stewart contemplates the opportunities and the bottlenecks he now faces as he seeks to further expand NewLab.

Learning Objectives

Students will have the opportunity to compare and contrast NewLab's approach to fosterng innovation with other models they will have studied such as incubators, corporate innovation labs, and the like. They will assess and debate what strategic path Stewart should take as he grows NewLab's impact in its next chapter. How fast and where geographically can he grow? What types of partnerships should he pursue?