Innovation is no longer an option; today it has become a strategic necessity for the growth, sustainability, and competitiveness of organizations. As a leading multidisciplinary group with 8 specialized subsidiaries and more than 200 active companies, Golrang Industrial Group has provided a broad and unique platform for the development of intra-organizational innovation.
At Golrang Ventures, we believe that innovation does not only come from external ideas; rather, it is a combination of closed innovation (using companies’ internal capacities and human capital) and open innovation (collaborating with startups, universities, and external players) that can create real transformation.
Goals
- Strengthening the culture of innovation and entrepreneurship within companies
- Creating synergy between safflower sub-categories
- Identifying and exploiting internal capacities (closed innovation)
- Discovering and absorbing external ideas and solutions (open innovation)
- Transforming innovation into a sustainable competitive advantage for Golrang Industrial Group at the national and international levels
Golrang Ventures Innovation Structure
To build an integrated innovation ecosystem, Golrang Ventures has designed six key paths.
vision
Corporate innovation at Golrang Ventures is not just a one-time project; it is a continuous and forward-looking journey. A journey that begins with synergy between subsidiary companies and aims to create sustainable values for the organization, the country, and the international arena.