By Adam Jay Harrison, Bharat Rao, and Bala Mulloth / Published May 15, 2017
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Key Points
- The U.S. Department of Defense
(DOD) is looking at new ways
to spur entrepreneurship and
innovation among its stakeholders
and related constituencies.
- We recommend creating a platform
within the DOD focused on developing
the Human and Relational
Capital components of the innovation
ecosystem such as the MD5
National Security Technology Accelerator,
an initiative that develops
innovators and human-centered
networks that create high-tech
“ventures” relevant to national
security.
- The proposed ecosystem would not
only facilitate the development of
high-tech ventures in the national
security interest, but also educate
and build networks of innovators
and entrepreneurs, both inside
and outside of DOD, who would
be equipped with the incentives,
expertise, know-how, and resources
required to continuously develop,
commercialize, or apply technology
relevant to military needs.
- A competency framework for
developing such an ecosystem that
would encourage venture-led, dual-use
products that provide a sustainable,
competitive advantage for the
DOD and the national economy is
presented and discussed.
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