Strategically engaging with innovation ecosystems

Companies aiming to accelerate their innovation efforts can find opportunities by connecting to regional clusters of startups, researchers, and investors. The key to success is to have a well-considered strategy for engagement that is clear on what the business hopes to gain and what the business ca...

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Bibliographic Details
Main Authors: Budden, Philip, Murray, Fiona (Author)
Format: eBook
Language:English
Published: [Place of publication not identified] MIT Sloan Management Review 2022
Edition:[First edition]
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:Companies aiming to accelerate their innovation efforts can find opportunities by connecting to regional clusters of startups, researchers, and investors. The key to success is to have a well-considered strategy for engagement that is clear on what the business hopes to gain and what the business can contribute. Leaders must understand the needs and interests of the different stakeholders in the ecosystem and make a long-term commitment to building relationships with them
Physical Description:9 pages