Practical Implications On How Established Companies Innovate With Startups: Tools and Guidelines for Innovation Managers
Journal
International Journal of R&D Innovation Strategy
ISSN
2577-4972
Type
journal article
Date Issued
2019
Author(s)
Abstract (De)
The study addresses an important literature gap concerning open innovation and startups. The purpose of this article is to deliver tools and guidelines for innovation managers to support their decision-making when aspiring to openly innovate with startups. The study proposes five spectra that show the variance across different collaboration on the following parameters for analysis: 1) investment required; 2) risk level; 3) corporate control; 4) Startup support; 5) ecosystem leverage. The article arrives at a simple weighted decision matrix to be used as a decision-guiding tool in determining the best choice of a startup-collaboration option from a corporate perspective. The research builds on a framework of references to previous literature and follows an explorative approach based on field research and design science research
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
Yes
Publisher
IGI Global
Number
Vol 1, Issue 2
Start page
1
End page
20
Pages
20
Subject(s)
Eprints ID
258572
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Name
PrePrint PacticalImplications Established Innovate Startups LPE et al.pdf
Size
3.17 MB
Format
Adobe PDF
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