Joshua Gans' Newsletter • 0 implied HN points • 20 May 16
- Skunk works are organizational spaces for innovative projects away from the main operations, often initiated by established firms to explore radical ideas.
- Skunk works come in different models, like focusing on science and engineering, building research communities, acting as lead users, and aiming for audacious goals like a moon shot.
- Despite their innovative success, skunk works face challenges integrating their achievements into regular operations, requiring careful planning and management to ensure long-term success.