Corporate entrepreneurship and creativity in large firms: the practice of start-up contests
Véronique Schaeffer
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Abstract:
The organization of start-ups contests by large mature firms appears as a growing practice to stimulate corporate entrepreneurship. We explore this phenomenon to characterize the mutual benefits for large firms and start-ups. We show the influence of two factors on the nature of the relationship between large mature firms and start-ups. The first is the product oriented or service oriented innovation processes of large firms. The second is the distance between the core technological fields of large firms and start-up. Based on these two factors we propose a categorization of start-ups contests in four types: early co-development, co-development close to market, acceleration and outsourcing. The cases we study show the strong influence of the technologies linked to Internet in the development of the start-ups contests. Accelerating programs that accompany the practice of start-ups contests rely on the creation of private accelerators that play an important role as boundary spanners and gatekeepers.
Keywords: Start-up contest; Accelerator; Web 3.0; Mature firms; Open Innovation; Services; Corporate entrepreneurship (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)
Published in Journal of Innovation Economics & Management, 2015, 18 (3), pp.25-51. ⟨10.3917/jie.018.0025⟩
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Journal Article: Corporate entrepreneurship and creativity in large firms: the practice of start-up contests (2015) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01739686
DOI: 10.3917/jie.018.0025
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