While the value of collaborating with the industry is abundantly clear of ventures, industry leaders have just as much to gain. When done right, open innovation can deliver bottom line results faster, cheaper and with lower risk compared to internal innovation projects.
However, many executives would agree that realizing the full potential of the global startup and scale-up world remains a challenge. Bad deal flow, differences in culture and scale, and a lack of internal coordination and mandate often kill joint projects before any impact is made. To gain insight into such issues, Unknown Group conducts this exploratory benchmark study.