Digitization is reshaping many industries, including the financial services sector. In US and UK specifically, we see massive disruptive entrance by new technology providers. Analytic tools, big data, access to online platforms are catalyzing these alternatives, rather than improving traditional...
For established corporations, the innovation activity oftentimes needs to be located "outside the beast." In this context, corporate venturing has begun to garner more and more headlines in recent years, as an increasing number of companies commit to venture investing for the long...
As industries converge, and the rules within and across industry boundaries become rewritten, traditional industry-centered strategic thinking is reaching its limits. Industry convergence oftentimes presupposes underlying bases of technologies and knowledge to come to share increasingly similar characteristics (Lei, 2000),...
Why did the phone maker Nokia end up leaving the mobile phone business? And how come the smartphone market tends to be dominated by companies traditionally acting in the personal computing business? "As industries converge and seemingly unrelated businesses suddenly...
Boris Battistini, interviewed by the trade magazine Global Corporate Venturing, talks about our recent study into 48 high-profile venture units at leading global corporations. The full study can be found here.
Corporate venturing is on the rise. The growing intensity of corporate venturing activities presents extraordinary opportunities for corporations to redefine their innovation and investment practices. “The state of corporate venturing” , a global study of leading corporate venture units, offers some insights...
The Corporate Innovation Lab will close its doors over the holiday seasons. We wish all our partners, subscribers and friends a joyful holiday, and all the best for the coming year. Keep innovating in 2013!
In times of change for innovation in global corporations, the corporate innovation requires new managerial thinking on innovation and entrepreneurship in established firms. "But", as Steve Blank points out in his recent blog post, "there is no standard strategy and...