Shell has set up a venture arm - Shell Technology Ventures - that will make investments in promising technology companies and other entities that will help keep the supermajor on the cutting edge of research and development.
“Ideas from outside the organisation are critical to our open innovation approach to R&D." said Gerald Schotman, Shell's chief technology officer. "We want to enable the brightest and the best to develop their ideas, and benefit from Shell’s expertise and global reach, so that we can get these technologies up and running in our projects as fast as we can.”
Shell
