From research: Corporate-startup collaboration. How to choose the most suitable model?

Corporate-startup collaboration is a sub-stream of open innovation. Ferhat Demir & Martin Lukeš, on behalf of VŠE, conducted systematic literature review and identified nine distinct models in the article published in Review of Managerial Science journal. Moreover, they suggested criteria to choose the optimal collaboration model.

From initial sample of 687 papers, 76 manuscripts were selected for systematic literature review. The systematic analysis followed the PRISMA protocol and the data collection finished in August 2024. The researchers categorised nine collaboration models based on two dimensions – equity ownership (equity, non-equity and hybrid) and startup stage (early, middle and mature).

Moreover, the researchers suggested seven criteria for choosing the most suitable collaboration model. Those criteria are corporate strategy, equity ownership, startup stage, risk and costs, level of integration, duration of engagement and innovation maturity. The corporate-startup collaboration partnership is still evolving. The authors also emphasised the emergence of new collaborative forms, the parallel use of several models and also the role of intermediaries as new trends in corporate-startup collaboration.

Read more about this research and valuable insights not only for scholars but also practitioners at:

https://link.springer.com/article/10.1007/s11846-024-00818-1