A startup or start-up is started by individual founders or entrepreneurs to search for a repeatable and scalable business model. They fuel innovation and change, yet more often than not, more likely to fail than to succeed.
Why Corporates Are Often Disappointed By Startups
On paper, the disappointment experienced by corporations when they undergo open innovation is dismaying – yet the solution to this problem is already well within the corporate's reach.
The Seeds of Progress
Innovation is an elusive and mystical phenomenon. Only in an Innovation Ecosystem can it thrive. The main challenge when attempting to create such a system is that there is no formula for creativity.
Winter is Coming
Competition in the digital era is fierce, and Europe is at serious risk of being left behind by the more advanced technological economies of China and the United States. To stay in the competition, Europe should prioritize scaling startups into large European corporations – something we are failing at today. This is important, not only from a purely economic growth perspective but from a more societal perspective. We are slowly losing the control of the future and we fail to realize how much is actually at stake.