Innovaro, formerly known as UTEK Corporation, was a consulting company focused on innovation and software solutions.
[citation needed] Other companies acquired an integrated understanding the Innovaro brand included UK based Pharmalicenisng, Strategos (Gary Hamel's consulting firm) and Social Technologies.
Innovaro Limited (the original company acquired by UTEK) was one of Europe's leading innovation strategy and insight firms.
Founded in 2000, it focused on helping major organisations identify new opportunities and improve innovation capabilities.
Most public of its projects were the technology futures programme undertaken with Shell in 2004 and 2007 which developed a new approach to collaborative foresight.