Engaging with Startups in Corporate Environment

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What does the program aim to forgo in its relationships with nascent companies?

Corporate resources and well-known brand names

Vendor qualification processes and certification requirements (correct)

Corporate venture capital investments

Market access and industry expertise

What does the startup gain access to through the program that is not available elsewhere?

Expertise or equipment, market access, and industry expertise (correct)

Vendor qualification processes and certification requirements

Corporate resources and well-known brand names

Corporate venture capital investments

How does the project-based approach differ from corporate venture capital investment in terms of its influence on startups?

It involves strict certification requirements and vendor qualification processes

It provides access to corporate resources and market expertise

It limits the risk of dependency and does not influence the future course of the startup (correct)

It adds a well-known brand name to the startup's list of customer references

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 Signup and view all the answers

What role does the separate unit play in engaging with startups?

It acts as a buffer between the startup world and the corporate world Signup and view all the answers

What is a key characteristic sought after when staffing SAP's Startup Focus team?

Prior experience as a founder or early startup employee Signup and view all the answers

What is the main goal mentioned by most corporate representatives when engaging with startups?

Being easy to work with Signup and view all the answers

How does AT&T staff its Foundry to enhance corporate innovation?

With employees who have experience as founders or early startup employees Signup and view all the answers

What is a benefit of co-locating the joint project team in the Foundry?

Clear division of tasks Signup and view all the answers

Why is signing a reciprocal non-disclosure agreement mandatory for everyone involved?

To protect intellectual property Signup and view all the answers

What is seen as a core competency of the unit within Siemens?

Designing and negotiating contracts Signup and view all the answers

What greatly simplifies engaging with a large corporation for startups?

Presence of a startup program Signup and view all the answers

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 Signup and view all the answers

In what way are corporate venture investments described for young entrepreneurs?

A complex and high-risk endeavor Signup and view all the answers

What is the primary mission of a separate corporate venture entity?

Supporting the strategic goals of the parent corporation Signup and view all the answers

What makes corporate venture investments a double-edged sword for young entrepreneurs?

The ties to the large company Signup and view all the answers

What is a significant drawback for startups accepting corporate investors, as mentioned in the text?

Opposition from corporate shareholders Signup and view all the answers

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 Signup and view all the answers

What is a challenging aspect of the processes involved in corporate venture capital (CVC) investments, as highlighted in the text?

Scanning potential investment candidates Signup and view all the answers

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) Signup and view all the answers

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. Signup and view all the answers

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 Signup and view all the answers

What can be inferred about corporate venture capital based on the information provided?

It contributes to the long-term performance analysis of new ventures. Signup and view all the answers