Last week we discussed the concept of the intrapreneur and our conviction that companies must add the pressures of failure and constrained resources to get ingenuity. Real entrepreneurs have vision, resilience and fortitude. Their natural drive, focus on survival and ability to pivot with the market is what generates market winners. It is the natural selection process at work. This is why VCs think the team is most critical, and companies looking to innovate should too.
This week, the focus is on the proliferation of corporate participation in venture capital, seeking growth and innovation outside of the company. According to a new Boston Consulting Group study, standalone corporate venture capital companies are maturing and gaining momentum, “venture investing appears well on its way to establishing a firm foothold in the corporate world as companies look to nascent companies not just to generate financial returns but also to complement their R&D efforts, penetrate fast-growing emerging markets, and gain early access to potentially disruptive technologies and business models.”
To read the full, original article click on this link: Companies Need to Think Like Venture Capitalists - Memphis Daily News
