Improving Corporate/Startup Engagement In Europe
The Forbes website reported that according to a new research white paper published last week by OpenAxel – a European Union body set up to foster cooperation between accelerator programs – around half of the world’s 500 largest corporations are actively partnering with startup companies. This is true not only in the US but also Europe where “corporate startup engagement” (CSE) is a particularly pronounced trend. The research finds that 97% of Europe’s corporates have analyzed their need for “open innovation.” In terms of drivers, the big players see partnership with startups a means to solve technological and business problems and enter new markets.
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