TY - JOUR
T1 - Innovation outposts in entrepreneurial ecosystems
T2 - how to make them more successful
AU - Decreton, Benoit
AU - Monteiro, Felipe
AU - Frangos, Jean Marc
AU - Friedman, Lisa
PY - 2021/5
Y1 - 2021/5
N2 - Startups in entrepreneurial ecosystems such as Silicon Valley constantly generate potentially disruptive technologies and business models. Consequently, multinational companies are finding it essential to be connected to the ecosystems where these opportunities are emerging, and many have opened “innovation outposts” in these locations. However, not many outposts succeed in effectively connecting their companies with these ecosystems. This article details why outposts often fail to become “effective brokers” and what companies should do for their outposts to deliver their full potential.
AB - Startups in entrepreneurial ecosystems such as Silicon Valley constantly generate potentially disruptive technologies and business models. Consequently, multinational companies are finding it essential to be connected to the ecosystems where these opportunities are emerging, and many have opened “innovation outposts” in these locations. However, not many outposts succeed in effectively connecting their companies with these ecosystems. This article details why outposts often fail to become “effective brokers” and what companies should do for their outposts to deliver their full potential.
KW - corporate entrepreneurship
KW - corporate-startup collaboration
KW - entrepreneurial ecosystems
KW - innovation outposts
KW - international business
KW - strategic management
UR - http://www.scopus.com/inward/record.url?scp=85102149645&partnerID=8YFLogxK
U2 - 10.1177/0008125621996494
DO - 10.1177/0008125621996494
M3 - Article
AN - SCOPUS:85102149645
SN - 0008-1256
VL - 63
SP - 94
EP - 117
JO - California Management Review
JF - California Management Review
IS - 3
ER -