23 Questions
What does the program aim to forgo in its relationships with nascent companies?
Vendor qualification processes and certification requirements
What does the startup gain access to through the program that is not available elsewhere?
Expertise or equipment, market access, and industry expertise
How does the project-based approach differ from corporate venture capital investment in terms of its influence on startups?
It limits the risk of dependency and does not influence the future course of the startup
What do corporate accelerator programs typically denote in the corporate world?
A time-limited program that startups can apply for if their product falls into a certain category
What role does the separate unit play in engaging with startups?
It acts as a buffer between the startup world and the corporate world
What is a key characteristic sought after when staffing SAP's Startup Focus team?
Prior experience as a founder or early startup employee
What is the main goal mentioned by most corporate representatives when engaging with startups?
Being easy to work with
How does AT&T staff its Foundry to enhance corporate innovation?
With employees who have experience as founders or early startup employees
What is a benefit of co-locating the joint project team in the Foundry?
Clear division of tasks
Why is signing a reciprocal non-disclosure agreement mandatory for everyone involved?
To protect intellectual property
What is seen as a core competency of the unit within Siemens?
Designing and negotiating contracts
What greatly simplifies engaging with a large corporation for startups?
Presence of a startup program
What is a common feature of corporate venture capital (CVC) entities that makes them more complex than independent peers?
They support their corporate parent’s strategic goals
In what way are corporate venture investments described for young entrepreneurs?
A complex and high-risk endeavor
What is the primary mission of a separate corporate venture entity?
Supporting the strategic goals of the parent corporation
What makes corporate venture investments a double-edged sword for young entrepreneurs?
The ties to the large company
What is a significant drawback for startups accepting corporate investors, as mentioned in the text?
Opposition from corporate shareholders
Why do corporate venture capital investments need to be linked to the corporation’s strategy or provide clear operational benefits, according to the text?
To overcome opposition from corporate shareholders
What is a challenging aspect of the processes involved in corporate venture capital (CVC) investments, as highlighted in the text?
Scanning potential investment candidates
In what way does the text suggest that not all smart ideas and promising technologies fit with the current core business or business model?
Corporate Incubation (Inside-Out)
What distinguishes corporate incubation from corporate investment into startups?
Corporate incubation involves external startups residing in corporate incubators, while corporate investment focuses on providing funding without residency.
In what sectors did Park and Steensma analyze the long-term performance of new ventures that received VC funding between 1990 and 2003?
Computer, semiconductor, and wireless
What can be inferred about corporate venture capital based on the information provided?
It contributes to the long-term performance analysis of new ventures.
Learn about the interface established by corporations to support nascent companies and mitigate common concerns encountered when working with large corporations. Explore the access to corporate resources available to startups.
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