Relationships between businesses formed to pursue common opportunities that neither company could achieve alone.
A group activity that involves generating a large number of ideas in a short period of time, often using techniques such as freewriting and lateral thinking.
Convergent Thinking: A process of finding a single, practical solution to a problem by focusing on logical reasoning and known information.
An accelerator is a program that propels startup growth via mentorship, resources, and investment, typically in a short, set timeframe.
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.