Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

The auto industry is moving forward. Just look at the successful public listing last week of the electric carmaker Tesla Motors, Breakingviews says.

General Motors wants to innovate, too. It’s plowing $100 million into a venture capital fund to create  new technologies and add to the bottom line. Corporate venture capital can be a creative way to outsource research and development. But the odds of spawning anything more look long.

Like other big companies, G.M. has carrots to entice start-ups. It can offer quick access to potential markets in everything from batteries to entertainment systems. And it has already invested in equipment like wind tunnels, which may be a nice perk for some new thinkers.

To read the full, original article click on this link: Big Companies Offer Carrots to Start-Ups - DealBook Blog - NYTimes.com

Author: NYT