Changing the Corporate+Startup Collaboration Paradigm

By • on February 2, 2018

The Cleantech website noted that even in an operating environment where ‘open innovation’ is as common in the corporate lexicon as ‘profit margin,’ setting up the conditions necessary for corporates and startups to explore technology or business collaboration costs more in both lost time and legal fees than most startups can afford. [However,] these costs are mostly in the name of legalese that is simply unnecessary at the exploratory stage. The result, as so many of us know all too well, is that good industrial innovations too often fail to be adopted, and market incumbents too often fail to learn from innovators. Setting a limited scope of activities to be agreed to quickly at this stage in pursuit of validation, and to identify those risks, would save everyone significant wheel-spinning.

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