Designing a Corporate Accelerator: Enabling the Collaboration of Incumbent Companies and Start-ups to Foster Innovation

Marcel Engelmann ()
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Marcel Engelmann: MENUX GmbH

Chapter 20 in Creating Innovation Spaces, 2021, pp 281-291 from Springer

Abstract: Abstract Innovations that originate outside the corporate boundaries, increasing global competition as well as the need for corporate renewal drive the growth in collaborations of established companies with start-ups. A path to understand this collaboration is provided by Chesbrough with his findings on the open innovation phenomenon. Various types of collaboration with start-ups can be used to implement open innovation in a corporate setting. An interesting and growing topic in the intersection of open innovation and corporate entrepreneurship research is the corporate accelerator phenomenon. This publication presents an overview of this phenomenon, the current design configurations and typologies. It is intended to spark the interest of the reader in corporate accelerators and should serve as basis for the implementation in practice.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-57642-4_20

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DOI: 10.1007/978-3-030-57642-4_20

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