Relationships between businesses formed to pursue common opportunities that neither company could achieve alone.
The legal rights that protect the creations of the mind, such as inventions, designs, trademarks, and copyrights. They can provide a source of revenue through licensing and royalties.
A physical prototype is a tangible representation of an idea or concept, designed to help showcase, test, develop and evaluate its potential for use.
Business Model Innovation involves redefining a company's value proposition and operations to create new revenue streams and competitive advantages.
Open innovation is a collaborative approach that taps into collective intelligence. It can help companies generate unique ideas, but careful management is needed to overcome challenges.
Corporate-startup collaboration is a strategic partnership that involves exchanges, co-development and sharing of products or services. While these partnerships have surged recently, they face challenges in establishing symbiotic relationships.
