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PARC opens incubator, may change plodding reputation?
Chris Morrison, VentureBeat, September 21, 2007
Excerpts from the article:
The Palo Alto Research Center, the famed Silicon Valley research institution that popularized things like the computer mouse to the laser printer, has decided to open its doors to more aggressively nurture entrepreneurs...
However, one criticism of PARC is that it was never able to bring products conceived in its lab quickly enough to market. Other, venture backed entrepreneurs usually ate PARC’s lunch.
Over the decades, PARC has incubated about a dozen companies. A new program called Startup@PARC, however, could incubate the same number of companies in just a year or two. PARC will work work with several companies at once, and has issued a formal application process here to kick it off...
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