The World Economic Forum is providing a manual to help startups and corporates work together.
The White Paper illustrates the Benefits for each side, going through Risks they should be aware of, and it finishes with the Challenges they both groups are facing when working together. The main conclusion is that they have to develop a common understanding of collaboration.
It offers a good deal of FAQ that each group has to clarify before entering the collaboration and through its life cycle (Startups: Budget, Economic Buyer, Amplifier, Metrics, Target for the Corporate; and Corporates: What, Why, Which and Who).
Moreover, the document offers several Collaboration and organization models for corporates when working together with startups. Few snapshots from the White Paper are available below, but for more extensive understanding we recommend a review of the paper here.
1. Direct Sourcing
2. Internal Innovation Unit
3. Corporate Incubator Model
4. External Subsidiary
5. Entrepreneurial Co-creation Model
University of Deusto
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