Fortune 500 Companies Seek StartUp Mojo
The Forbes website posted an article which noted that in 2013, corporations worked to create closer relationships with startups in order to spark technological innovation. It seemed that many companies fully embraced the idea of open innovation, which advocates innovating with partners. To do that, they opened innovation centers in Silicon Valley and elsewhere, attended innovation conferences and created immersive accelerator programs to give various business units the chance to learn from entrepreneurs. Taking a safe approach, as these companies did in opening innovation centers in the heart of innovation country and going to conferences is fine, but when it comes to innovation, most big companies need to be doing more than playing it safe. They need to become more entrepreneurial themselves.
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