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Corporate entrepreneurship and creativity in large firms: the practice of start-up contests

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  • Véronique Schaeffer

Abstract

The organization of start-ups contests by large mature firms appears as a growing practice to stimulate corporate entrepreneurship. We explore this phenomenon to characterize the mutual benefits for large firms and start-ups. We show the influence of two factors on the nature of the relationship between large mature firms and start-ups. The first is the product oriented or service oriented innovation processes of large firms. The second is the distance between the core technological fields of large firms and start-up. Based on these two factors we propose a categorization of start-ups contests in four types: early co-development, co-development close to market, acceleration and outsourcing. The cases we study show the strong influence of the technologies linked to Internet in the development of the start-ups contests. Accelerating programs that accompany the practice of start-ups contests rely on the creation of private accelerators that play an important role as boundary spanners and gatekeepers. JEL Codes: M13

Suggested Citation

  • Véronique Schaeffer, 2015. "Corporate entrepreneurship and creativity in large firms: the practice of start-up contests," Journal of Innovation Economics, De Boeck Université, vol. 0(3), pages 25-51.
    • Handle: RePEc:cai:jiedbu:jie_018_0025
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    Cited by:

    1. Antonio Rodríguez-Peña, 2021. "Assessing the impact of corporate entrepreneurship in the financial performance of subsidiaries of Colombian business groups: under environmental dynamism moderation," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-27, December.
    2. Maria Urbaniec & Agnieszka Żur, 2021. "Business model innovation in corporate entrepreneurship: exploratory insights from corporate accelerators," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 865-888, June.
    3. Sophie Hooge & Cédric Dalmasso & Frédéric Garcias, 2018. "Is Intrapreneurship Scalable? The Challenge Of Managing A Massive Internal Startup Call," Post-Print hal-01843048, HAL.

    More about this item

    Keywords

    corporate entrepreneurship; start-up contest; accelerator; web 3.0; mature firms; open innovation; services;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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