Don't miss this session of Corporate Entrepreneurship!
ABSTRACT
Are you making the most out of Open Innovation?
Any business that embraces the power of open innovation carries risks like uncommitted partners, unforeseen changes in the business context, and other threats that could deal a deadly blow to the collaboration.
With the advent of digital technologies, all industries are shifting faster than ever, resulting in increased volatility, complexity, and ambiguity amongst value chain relationships and market forces. Corporate venturing enables companies to profit from the waves of technical change and to bring lasting benefits to their organizations. It is emerging as a powerful tool for uniting technological, business, and financial interests, invoking strong commitment from all parties – typically, startups and corporates, but increasingly between corporates in the form of new joint ventures.
During this session we will:
- Review the basics of corporate venturing in the broader OI context
- Study recent literature from IESE Business School regarding corporate venturing
- Help companies understand how to setup and improve their venturing wings
- Show how venturing arms can be one of the keys to adapting their current businesses to their future core businesses – always staying relevant
