logologologo
  • Home
  • About
    • Contributors
    • Guide for contributors
  • Themes
    • Roadmapping
    • Open Innovation
    • Managing the R&D pipeline
    • Technology Strategy
    • Managing international R&D
    • Ideation and creativity in R&D
    • Impact of digital technologies
    • The resurgence of frugal innovation
    • Design Thinking
    • Penetrating the fog of Agile
    • China’s Belt and Road Initiative, a new model for Open Innovation
  • Tools
  • News
    • R&D Today newsletter archive
  • Resources
  • Papers
  • Case Studies
  • Events
  • R&D Conference
  • Contact
  • Home
  • About
    • Contributors
    • Guide for contributors
  • Themes
    • Roadmapping
    • Open Innovation
    • Managing the R&D pipeline
    • Technology Strategy
    • Managing international R&D
    • Ideation and creativity in R&D
    • Impact of digital technologies
    • The resurgence of frugal innovation
    • Design Thinking
    • Penetrating the fog of Agile
    • China’s Belt and Road Initiative, a new model for Open Innovation
  • Tools
  • News
    • R&D Today newsletter archive
  • Resources
  • Papers
  • Case Studies
  • Events
  • R&D Conference
  • Contact

Ten ways to design successful corporate startup collaborations

successful corporate accelerators

Good design enables serendipitous moments – where we don’t expect something to happen but it does.

Some of the worlds biggest tech firms started at the turn of the millennium and they are driving major innovations that are replacing incumbent technologies and existing business models, writes Thomas Kohler in his paper ‘Corporate accelerators: Building bridges between corporations and startups’.

Kohler argues that sustaining innovation requires using external and internal ideas and identifies a number of models saying ‘corporate accelerators provide a unique platform for long-term growth and renewal; while offering mutual benefits for corporations and startups’.

He outlines ways that established businesses are building structured programs to harness entrepreneurial power ranging from hackathons and business incubators through corporate venturing to mergers and acquisitions.

He then identifies ten top features of successful corporate accelerators including those associated with Samsung, Orange and Cisco.

He comments: “Our research suggests a range of questions that leaders of corporate accelerators need to answer and these fall into four design dimensions: Proposition (what do you want to achieve) Process (how are you going to do it) People (which startups are you going to accelerate and how do you ensure buy in) Presence (where should it be hosted)

Successful corporate accelerators share the following characteristics, they:

  1. Let startups retain ownership
  2. Focus on specific verticals
  3. Compress the innovation cycle
  4. Balance structure with flexibility
  5. Grant autonomy with meaningful interactions
  6. Select startups carefully
  7. Ensure corporate alignment
  8. Foster networking and mentoring
  9. Enhance personal interactions online
  10. Nurture serendipity

To read the full paper: Corporate accelerators: Building bridges between corporations and startups by Thomas Kohler, Business Horizons
Volume 59, Issue 3, May–June 2016, Pages 347-357

business incubationcorporate acceleratorscorporate venturingenterpreneurshipOIopen innovationstartups
Previous PostWhat is the business model for autonomous veh...
Next PostR&D Management Conference 2021 - deadline for...
Search R&D Today
Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt
Filter by Article Type
Papers
Events
Tools
Funding Articles
Case Studies
Resources
Opportunities
Theme Editor Blogs
Filter by Categories
Business model innovation
Ideation and creativity in R&D
Latest news
Managing international R&D
Managing technology platforms
Managing the R&D pipeline
Open innovation
Outsourcing R&D
Project valuation and selection
R&D strategy
Roadmapping
Stage gate processes
Technology intelligence
View our newsletter archive
Theme Editor Blogs
  • Digital disruption in the lab: The case for R&D digitalization in chemicals – a review
  • Accelerating product development: the tools you need now – a review
  • Using good practice R&D management to create new innovations in malodour control
Associated Papers
  • Open Innovation between established and emerging bio-pharmaceuticals
  • New models of corporate incubation create ‘engines of innovation’
  • Direct coaching supports SMEs with inbound knowledge transfer from university
Resources
  • Innovation Management: Learning for the experiences of companies in European countries
  • How to write and publish your research
  • Top 20 Innovation Blogs of 2016
Related Posts
  • Collaborative innovation in a time of social distancing – 5 things we now know
  • Open Innovation the Chinese way
  • Leveraging Open Innovation for societal impact – an R&D Management special issue
Tools
  • TRIZ Toolkit
    The challenge of applying TRIZ tool kit for ideation
    TRIZ (the theory of inventive problem solving) provides a logical approach to developing creativity...
  • Valuing and comparing small portfolios
    Many of the tools used in valuing and selecting projects are only really applicable...
  • Green Check Your Idea
    “Green Check Your Idea” – assess the environmental impact of innovation ideas
    The Green Check Your Idea tool helps innovation managers prepare an initial assessment of...
  • Frugal Innovation Index
    Frugal innovation - competitive advantage when resources are limited
    Frugal innovation allows a company with a quality product to compete effectively with cheaper...
  • Paul Barrett
    Tools support objective discussion of portfolio strategy
    Paul Barrett is part of a RADMA working group providing a selection of recommended...
Have Your Say…

Have Your Say / Follow Us

R&D Today is the outreach site for the Research and Development Management Association, a charitable organisation that supports research, best practice and innovation.  www.radma.net

Click here to sign up to our newsletter, and click here to view our newsletter archive.

Copyright R&D Today 2020. All rights reserved.