All MIT Startup Report articles
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ArticleHow a $19 Billion Truck Maker Scouts Relevant Startups in Silicon Valley
Paul Konasewich is a key player at the PACCAR Silicon Valley Innovation Center, which helps the $19 billion truck maker connect to relevant startups. ”You need to get honest about whether [your startup scouting activity is about] cultural enrichment,” he says, “or actually creating new products.” More of Konasewich’s advice inside…
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Article
4 Pieces of Advice for Corporates and Startups on ‘Baking the Cake’ Together
”From the corporate side, a lot of times, a [startup engagement] program gets started, but the people who have to do the physical work of integrating the startup’s technology view the startup as just any other vendor, and they don’t understand that it’s a three-person company,” says Ken Durand, a former emerging tech exec at Ericsson and Dover Corp. who is now running a startup accelerator on behalf of Comcast NBCUniversal. More of Durand’s advice inside…
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Data on How Corporates Interact with Startups, by Experience Level
What resources do other corporates have in place for interacting with the startup ecosystem? What do they find most challenging? Explore the answers in these five data visualizations.
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ExxonMobil Exec on the Three Questions Startups Should Be Asking Corporate Partners
Xinjin Zhao of ExxonMobil shares the top three questions he wishes startup leaders asked corporates during meetings, and other tips for successful relationships.
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FM Global VP Shares Tips for Nailing a Startup Partnership
Sujata Mehta, Assistant Vice President of Innovation at FM Global, shares insights on how to avoid common mistakes corporates tend to make when beginning a partnership with a startup.
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Article
Sumitomo: Why Respect is Necessary for Corporate-Startup Relationships
Sumitomo Chemical is one of the largest chemical companies in Japan. And in its US branch — which has a small office in California and in Cambridge, Mass. — managers have a mission: creating next-generation products through corporate venturing and collaborations.
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Article
How Transparent Timelines Can Improve Startup Collaborations
Mori, a startup focused on extending the shelf life of products, hopes to use science to reduce food waste. CEO Adam Behren shares the factors that fuel constructive corporate-startup partnerships.
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Article
Former Techstars GM on the Importance of ‘Skin in the Game’
Notes Claudia Reuter, former General Manager at Techstars, sheds light on how to best marry startups and corporates, the best practices for startups looking to show their worth.
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Article
How BAE Systems Identifies “Win-Win” Opportunities with Startups
In 2018, BAE Systems reorganized its FAST Labs R&D division and added a Technology Scouting group. We spoke with Stephen Russell of FAST Labs to learn more about how it successfully partners with startups.
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Why CVS Created a Dedicated Venture Fund
During the COVID-19 pandemic, healthcare providers around the globe sought digital solutions, and patients sought at-home options for what would have been in-person visits. Vijay Patel, Partner & Co-founder of CVS Health Ventures and Senior Director of Business Development of CVS Health Digital health and ...
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Article
Co-Creation Tips from P&G’s 6-Year-Old Venture Program
When Leigh Radford started the venture creation unit inside Proctor & Gamble, she was tasked with creating the next billion-dollar business for the personal care company. “I’m a very big believer…[in] learnings ahead of investment, and that has really treated us well to make sure we’re not over-invested in things where the learnings aren’t solidified.” More insights from Radford inside….
