Comment from Maria Julia Prats and Josemaria Siota, Entrepreneurship and Innovation Centre, IESE, and Isabel Martinez-Monche and Yair Martínez, BeRepublic
Author: Maria Julia Prats & Josemaria Siota
How large firms can innovate by collaborating with startups
It is not surprising that more and more corporations are looking to work with startups. The business landscape is changing quickly, making it hard for large firms to innovate quickly enough to thrive in this new context.
Corporate venturing: a David and Goliath collaboration
Corporate venture capital, scouting missions, hackathons, excubators, venture clients, corporate incubators and accelerators – these are just some of the models for collaboration between large companies and startups. The practice – corporate venturing – has been adopted by firms such as Siemens, General Electric, IBM, Xerox, Merck and Lucent. There has been significant growth in… Continue reading Corporate venturing: a David and Goliath collaboration