The Corporate Hunt For Startup Innovation Continues
The Forbes website reported that as corporate leaders look to the year ahead, the growth of so-called open innovation – which essentially involves businesses looking outside their own four walls for the technologies that will help them maintain a competitive edge – is not going to slow. All the corporate innovation leaders have definitively moved into open innovation that has now full top level buy-in. The main obstacles are mostly on the execution side and inside the corporations. Corporate culture of risk aversion and internal processes may slow down corporate-startup engagements and hinder the results achievable on this front.
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