How startups and established companies can collaborate and which steps to pay attention to
Developing innovations is the point where the heterogeneous company forms like startups (is an organization formed to search for a repeatable and scalable business model) and established companies face the same problem. Both have to take care to develop new products, processes or business models. While startups often have the chance to think more out of the box, innovative companies have the potential to use their existing resources and customer access. For example, startups do not face internal cannibalization and therefore can think bigger. These heterogeneous strengths of both company forms illustrate why a collaboration of both company forms can be very valuable.
Continue reading Cooperation forms between startups and established companies