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Innovative ideas lead to trend-setting technologies.
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Where can we find the world's attractive new technologies? What universities and companies would make good strategic partners? What topics have what it takes to create an entirely new business area? How do we promote a climate in the company that fosters innovation? Answering these and other questions is the task of the Corporate Innovation Strategy & Management unit and its some 370 researchers, experts, managers and lateral thinkers who drive Evonik's innovative strength at the Group level. They build global networks and regional research centers, open up new technologies, and are our experts in protecting intellectual property. The Corporate Innovation Strategy & Management unit contains a host of important innovation drivers at the Group level: Evonik's strategic innovation unit, Creavis, works on projects that open up completely new business options over the long term. Evonik’s technology scouts search the world over for technology providers and sources of know-how. Additionally, Evonik selectively approaches companies outside the chemical industry to find opportunities for joint development work, and also invests in highly promising technology start-ups and specialized venture capital funds through the Evonik Venture Capital unit. The Corporate Foresight team of Creavis has an even longer time horizon: the interdisciplinary team made up of chemists, biologists, physicists and engineers—which is complemented by experts of other disciplines when necessary—works on scenarios that reveal how our world might look in ten to 15 years. From these they identify new growth fields and strategic questions for Evonik that are integrated into our innovation strategy.