Open innovation strategy : a framework for corporate-startup collaboration
Name
1051237017-MIT.pdf
Description
Full printable version
Size
15.9 MB
Format
Adobe PDF
Checksum (MD5)
17e10433aba1c09fd18d9ead8803b0aa
Author(s)
Vázquez Lucerga, Roberto José
Advisor(s)
Nicholas Meyer.
Date Issued
2018
Publisher
Massachusetts Institute of Technology
Abstract
Recent years have seen important changes in the way corporates compete and the dynamism of this competition. Companies are facing increasing pressure to innovate and generate value for customers in over-satisfied societies demanding more complex business propositions and faster response. These changes lead to greater horizontal and vertical uncertainty, that corporations have to manage while sustaining investment in core assets to ensure short term performance. Open innovation strategies, levering on the internal and external entrepreneurial drive, have been proposed to increase the resilience of corporates while opening the opportunity for nascent ventures to grow in new markets. The design of these programs is an area of active research. This thesis proposes a specific open innovation program. The design implements an integral strategy combining inside-out and outside-in transitions to lower costs and enhance efficiency. The design is sequential and staged, resulting in a flexible, modular program architecture with multiple, specifically designed components (accelerator, innovation center, incubator and CVC) enabling the management of a wide range of deal flows.
Description
Thesis: S.M. in Management of Technology, Massachusetts Institute of Technology, Sloan School of Management, 2018.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 136-142).
Subjects
Sloan School of Management.
Technology and Policy Program.
MIT Department
Sloan School of Management
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