Everywhere you look these days, there’s an announcement about another Fortune 500 company launching some form of innovation lab, hub, or incubator. In the U.S. alone, the number of internal innovation incubators has grown from twelve in 1980 to an estimated 7,000 today.

Here, our team dives into what makes a strong innovation lab from the front lines. We cover actionable tips and strategies, challenges innovation labs are likely facing, and how those challenges may be overcome.

Learn more about innovation labs here.