Head Of External Innovation information
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$48.8K is the 25th percentile. Wages below this are outliers.
$40.1K - $58.2K
28% of jobs
The median wage is $71.1K / yr.
$58.2K - $76.3K
15% of jobs
$76.3K - $94.4K
12% of jobs
$94.4K - $112.5K
9% of jobs
$113.7K is the 75th percentile. Wages above this are outliers.
$112.5K - $130.5K
7% of jobs
$130.5K - $148.6K
4% of jobs
$148.6K - $166.7K
4% of jobs
$166.7K - $184.8K
5% of jobs
$184.8K - $202.9K
2% of jobs
$202.9K - $221K
2% of jobs
How much do head of external innovation jobs pay per year?
As of Sep 10, 2026, the average yearly pay for head of external innovation in the United States is $96,611.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $125,500.00 per year, depending on experience, location, and employer.
A Head of External Innovation is responsible for identifying, evaluating, and integrating new ideas, technologies, and partnerships from outside the organization to drive growth and competitiveness. They collaborate with startups, academic institutions, and other external partners to bring innovative solutions into the company. Their role often includes scouting for new trends, managing strategic alliances, and ensuring that external innovations align with the company's goals and strategy. By fostering these connections, they help the organization stay ahead of industry changes and capitalize on emerging opportunities.
To thrive as a Head Of External Innovation, you need expertise in strategic partnership development, innovation management, and a strong background in business or technology, often supported by an advanced degree. Familiarity with open innovation platforms, intellectual property management systems, and project management tools is typically required. Exceptional networking, negotiation, and leadership abilities help drive collaboration and influence both internal and external stakeholders. These competencies are crucial for identifying, evaluating, and integrating innovative opportunities that drive organizational growth and competitive advantage.
The Head of External Innovation often acts as a bridge between internal stakeholders—such as R&D, marketing, and product teams—and external partners like startups, research institutions, and industry consortia. This role involves identifying collaboration opportunities, facilitating cross-functional meetings, and ensuring alignment with strategic goals. Regular communication, negotiation, and relationship-building are essential to manage expectations and integrate external insights into internal processes. Successful Heads of External Innovation foster a culture of openness and agility, enabling the organization to rapidly adopt new ideas and technologies.
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