Corporate strategies to accelerate innovation through partnership, collaboration and competition

In today’s fast-moving digital era, corporates can keep up with emerging and rapidly growing startups through partnership, collaboration or competition. Corporates are adapting their strategies to groom and accelerate innovation according to market and technology trends, especially to support big regulatory changes such as open banking and PSD2. If corporates have sufficient budget and capability to execute multiple strategies, many have found great success through a hybrid approach by implementing a mix of strategies to acquire and utilize emerging technology. Different types of relationship and implementation strategies common adopted in the open banking era are summarized in the table bel

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© 2017

Cambridge Digital Innovation

Hughes Hall, University of Cambridge

Cambridge Judge Business School

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