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Corporate Venturing
Manage episode 352823510 series 3438525
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Today, many organizations still rely heavily on their own innovation capabilities. Instead, they must get out of the building to become more successful in innovative growth. With this we mean to continuously tap into external networks, pro-actively searching and partnering with startups and scaleups to balance internal efforts. This innovation strategy is called Corporate Venturing.
In this first RevelX podcast we will explain what Corporate Venturing is and why it should be part of your overall innovation mix. The perfect innovation mix consists of three components, namely corporate innovation, corporate acquisition, and corporate venturing. Also well-known pitfalls of Corporate Venturing will be discusses and how organizations can navigate these pitfalls. And we share some best practices on how best to get started with corporate venturing or how to improve your performance.
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