It is not surprising that more and more corporations are looking to work with startups. The business landscape is changing quickly, making it hard for large firms to innovate quickly enough to thrive in this new context.

Corporate venturing, the term used for when established firms collaborate with startups – whether through corporate venture capital, scouting missions, hackathons or excubators, to name just some examples – is not a new practice. Large companies such as Intel, Siemens, Xerox, General Electric, IBM, Lucent and Merck have employed them for years. However, due to…

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