Innovation Engineering® was developed by the Eureka! Ranch R&D team based on scientific analysis of 27+ years of client projects. Statistical analysis included quantitative concept data on over 26,000 Innovations and innovation attitude and process data on over 11,000 innovation cultures. Innovation Engineering is commercialized by the Innovation Engineering Institute a Joint Venture of the Eureka! Ranch and the University of Maine.
The Innovation Engineering mindset generates quantitative results. A report to the National Academy of Science in Washington D.C. found:
- Companies using the Innovation Engineering system have created and defined, on paper, over $4.1 Billion worth of ideas for their Innovation Pipelines.
- Innovation Engineering companies are realizing a 250% improvement in the success of ideas that they put into development, saving them significant time, energy, and money.
- Innovation Engineering Black Belt training dramatically increases confidence and capability. Certified Black Belts coach 24 times more projects with a valuation that is 28 times greater.