The business of innovation: How leading brands are turning breakthroughs in R&D into market-ready solutions
Packaging innovation has the potential to deliver sustainability whilst improving the consumer experience, adding brand value and securing a commercial advantage. But often breakthroughs in R&D don’t translate into real world solutions.
In this session, we’ll assess the common barriers to adoption. We’ll look at examples of where packaging innovation has worked, and examples where it hasn’t. We’ll discuss:
- The cross-functional collaboration required to scale existing solutions and foster a culture of innovation
- Examples of successful partnerships between brands and manufacturers
- What investment is required to drive innovation, who should bear the cost and who should see the ROI?
- How to bridge the gap between technical feasibility, consumer acceptance and business viability