This is a podcast episode titled, How to Drive Innovation in Corporations Using the Entrepreneurial Spirit with Elliott Parker. The summary for this episode is: <p>In this episode Nate and Elliott dive into the history and necessity of optimism in entrepreneurship, the challenge of maintaining innovation in large corporations, and the importance of running fast, cheap, and weird experiments.</p><p><br></p><p>Elliott Parker is the CEO of High Alpha Innovation, a venture studio that works with large-scale corporations and universities to co-create startups.&nbsp;</p><p><br></p><p>Elliott is also the author of The Illusion of Innovation, a book to help big corporations escape efficiency and achieve progress. </p><p><br></p><p>You are going to walk away with actionable items insights on creating a culture of innovation and the practical steps to blend the strengths of both worlds for sustainable success.</p><p><br></p><p><strong>Check out these great clips: </strong></p><p><br></p><p>00:20 Historical Perspective on Optimism</p><p>01:04 The Innovator's Dilemma</p><p>01:35 Elliot Parker's Background</p><p>02:29 Early Entrepreneurial Influences</p><p>03:17 Lessons from Family Business</p><p>05:18 First Steps in Entrepreneurship</p><p>07:45 Business School Insights</p><p>13:53 Journey to Indiana</p><p>16:19 Corporate Innovation at Roche</p><p>20:56 The Innovator's Dilemma in Practice</p><p>28:42 High Alpha Innovation</p><p>29:57 Spinning Out High Alpha Innovation</p><p>30:47 Early Experiments and First Launches</p><p>31:51 Partnering with Corporations and Universities</p><p>32:47 Challenges of Corporate Innovation</p><p>35:59 The Walt Disney Tinkering Story</p><p>38:46 Encouraging Innovation in Organizations</p><p>46:00 The Role of Optimism in Innovation</p><p>53:34 Lightning Round and Closing Thoughts</p><p><br></p><p><strong>By listening to this episode you will learn:</strong></p><p><br></p><ul><li>The value of an MBA. Is it worth it?&nbsp;</li><li>What is the innovator’s dilemma and how to overcome.</li><li>How contrarian thinking can be game changer for your company as well as your personal life. </li></ul>