Nokia has a very interesting corporate venturing approach for finding innovation. They've moved beyond "not invented here" and are embracing "let's find the best ideas where ever they are". Nokia Venturing Organization is focused on corporate venturing activities that include identifying and developing new businesses, or as they put it "the renewal of Nokia". Nokia Venture Partners invests exclusively in mobile and I/P related start-up businesses. They have a very interesting third group called Innovent, that directly supports and nurtures nascent innovators with the hope of growing future opportunities for Nokia.