Innovation is happening faster because it’s getting better organized. Incubators of all stripes are sprouting all over the world. Large corporations are spinning in talent and building internal startup labs. Leaders know they can’t just wait around for inspiration to strike, they have to seek it out or grow it themselves.

At the Techonomy 2014 conference in Half Moon Bay, Calif., Idealab CEO Bill Gross, Citi Ventures CEO Debby Hopkins, and Coca-Cola SVP Guy Wollaert talk about how companies can stay ahead of the innovation curve in this discussion moderated by McKinsey’s Michael Chui.

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For a complete archive of videos from Techonomy 2014, click here.