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Essay from the year 2019 in the subject Business economics - Information Management, grade: 4.0, , language: English, abstract: The chapters presented next provide a theoretical framework of Innovation Outposts in Silicon Valley, a definition of Innovation Theater, and prevention of Innovation Outpost failures. It follows examples of real-world implementations of successful and failed Innovation Outposts into company strategies. The last chapter presents the opportunities and challenges of 1 Atelier LLC and personal takeaways. The Enterprise Garage stated, "Silicon Valley is the most innovative region in the world, making a huge splash around the world. In the past decades, whole industries have either been created or destroyed thanks to companies that had their origin or came to full bloom in the Bay Area. The microprocessor, graphical user interface, web browser, smartphone, electric and autonomous vehicles, internet search, social media and so on had a direct impact on the way we live (Enterprise Garage, n.a.)."