So, why should corporate venturing be part of your innovation strategy? Corporate venturing is a low-cost, high-impact strategy for accelerating growth, generating new revenue streams, and driving corporation innovation to the next level.
Despite the huge advantages, it’s not a risk-free procedure. It takes meticulous planning, preparation, and an entrepreneurial spirit to succeed. Working with the proper innovation tools and partners can be very helpful in overcoming risks and achieving the desired results.