IDEAS home Printed from https://ideas.repec.org/a/kap/jinten/v22y2024i2d10.1007_s10843-024-00362-9.html
   My bibliography  Save this article

Emergent way: corporate-startup synergies in shaping the future of innovation

Author

Listed:
  • Marisangela Bastos Lima Csik

    (University of São Paulo)

  • Alvair Silveira Torres Junior

    (University of São Paulo)

Abstract

While complex, the synergy between startups and corporations offers a wealth of mutual benefits. This relationship, often viewed as a two-way street, involves not just startups gaining from corporations’ resources but also corporations benefiting from startups’ innovation and agility. The interdependence between startups and corporations, while potentially leading to a power imbalance, also presents an opportunity for both entities to grow. To gain a deep understanding, we asked why, what, and how and then outlined the involved components in the relationship between startups and corporations. We developed a systematic literature review (SLR) in two phases. The first one contemplates the period from 2015 to 2019. The second phase was carried out from 2020 until 2024. We used 71 academic references from the Scopus and Web of Science (WOS) databases. From these references, we constructed an emergent way framework that outlines the main stages of the way, including the motivation and the critical characteristics of collaboration. The framework also brings the most frequently observed relational path through the second phase of the SLR. The paper’s contribution paper is recognizing that each partnership is unique, and the framework is a starting point rather than a one-size-fits-all solution. The stages of the relationship outlined in the framework must be adapted to the specific context of the partnership. In essence, while the framework offers a valuable relational path, the success of corporate partnerships hinges on deciding which aspect these agents must work on to find a better solution in which to assimilate their collaboration.

Suggested Citation

  • Marisangela Bastos Lima Csik & Alvair Silveira Torres Junior, 2024. "Emergent way: corporate-startup synergies in shaping the future of innovation," Journal of International Entrepreneurship, Springer, vol. 22(2), pages 187-212, June.
  • Handle: RePEc:kap:jinten:v:22:y:2024:i:2:d:10.1007_s10843-024-00362-9
    DOI: 10.1007/s10843-024-00362-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10843-024-00362-9
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s10843-024-00362-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kohler, Thomas, 2016. "Corporate accelerators: Building bridges between corporations and startups," Business Horizons, Elsevier, vol. 59(3), pages 347-357.
    2. Lai, Wen-Hsiang & Lin, Chiu-Ching, 2015. "Constructing business incubation service capabilities for tenants at post-entrepreneurial phase," Journal of Business Research, Elsevier, vol. 68(11), pages 2285-2289.
    3. João Lopes & Mário Franco, 2019. "Review About Regional Development Networks: an Ecosystem Model Proposal," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 275-297, March.
    4. Qingfeng Tian & Shuo Zhang & Huimin Yu & Guangming Cao, 2019. "Exploring the Factors Influencing Business Model Innovation Using Grounded Theory: The Case of a Chinese High-End Equipment Manufacturer," Sustainability, MDPI, vol. 11(5), pages 1-16, March.
    5. Vincenzo Corvello & Annika Steiber & Sverker Alänge, 2023. "Antecedents, processes and outcomes of collaboration between corporates and start-ups," Review of Managerial Science, Springer, vol. 17(1), pages 129-154, January.
    6. Ramzi Benkraiem & Duarte Gonçalves & Fatima Shuwaikh, 2023. "The role of corporate venture capitalists in supporting the growth of their backed start-ups," Post-Print hal-04369196, HAL.
    7. Cooke, Philip & Wills, David, 1999. "Small Firms, Social Capital and the Enhancement of Business Performance through Innovation Programmes," Small Business Economics, Springer, vol. 13(3), pages 219-234, November.
    8. Kantis, Hugo & Menendez, Cecilia & Álvarez-Martínez, Paola & Federico, Juan, 2023. "Collaboration between startups and large firms: a new way to engage in open innovation," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 17(1), pages 70-93.
    9. Susan Cohen, 2013. "What Do Accelerators Do? Insights from Incubators and Angels," Innovations: Technology, Governance, Globalization, MIT Press, vol. 8(3-4), pages 19-25, December.
    10. Noam Wasserman, 2017. "The throne vs. the kingdom: Founder control and value creation in startups," Strategic Management Journal, Wiley Blackwell, vol. 38(2), pages 255-277, February.
    11. Julia Duwe, 2022. "Ambidextrous Leadership," Springer Books, Springer, number 978-3-662-64032-6, April.
    12. Crittenden, Andrew B. & Crittenden, Victoria L. & Crittenden, William F., 2019. "The digitalization triumvirate: How incumbents survive," Business Horizons, Elsevier, vol. 62(2), pages 259-266.
    13. Julia Duwe, 2022. "Ambidextrous Leadership in Times of Crisis," Springer Books, in: Ambidextrous Leadership, chapter 6, pages 169-209, Springer.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Emil Lucian Crișan & Irina Iulia Salanță & Ioana Natalia Beleiu & Ovidiu Niculae Bordean & Raluca Bunduchi, 2021. "A systematic literature review on accelerators," The Journal of Technology Transfer, Springer, vol. 46(1), pages 62-89, February.
    2. Fink, Alexander A. & Klöckner, Maximilian & Räder, Tobias & Wagner, Stephan M., 2022. "Supply chain management accelerators: Types, objectives, and key design features," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    3. J. Piet Hausberg & Sabrina Korreck, 2020. "Business incubators and accelerators: a co-citation analysis-based, systematic literature review," The Journal of Technology Transfer, Springer, vol. 45(1), pages 151-176, February.
    4. Riikkinen, Mikko & Pihlajamaa, Matti, 2022. "Achieving a strategic fit in fintech collaboration – A case study of Nordea Bank," Journal of Business Research, Elsevier, vol. 152(C), pages 461-472.
    5. Ben Spigel & Fizza Khalid & David Wolfe, 2023. "Alacrity: a new model for venture acceleration," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 237-259, March.
    6. Shankar, Raj K. & Shepherd, Dean A., 2019. "Accelerating strategic fit or venture emergence: Different paths adopted by corporate accelerators," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    7. Nicola Del Sarto & Giulio Ferrigno & Vinit Parida & Alberto Minin, 2023. "Do start-ups benefit from coworking spaces? An empirical analysis of accelerators’ programs," Review of Managerial Science, Springer, vol. 17(7), pages 2471-2502, October.
    8. Lall, Saurabh A. & Chen, Li-Wei & Roberts, Peter W., 2020. "Are we accelerating equity investment into impact-oriented ventures?," World Development, Elsevier, vol. 131(C).
    9. Gonzalez-Uribe, Juanita & Hmaddi, Ouafaa, 2022. "The multi-dimensional impacts of business accelerators: what does the research tell us?," LSE Research Online Documents on Economics 115461, London School of Economics and Political Science, LSE Library.
    10. Yang Shu & Kher Romi & Lyons Thomas S., 2018. "Where Do Accelerators Fit in the Venture Creation Pipeline? Different Values Brought by Different Types of Accelerators," Entrepreneurship Research Journal, De Gruyter, vol. 8(4), pages 1-13, October.
    11. Alexander Kramer & Dominik K. Kanbach, 2023. "Relationship-building in the post-acceleration phase of corporate accelerators: empirical evidence from Germany," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 755-779, June.
    12. 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.
    13. Shankar, Raj K. & Clausen, Tommy H., 2020. "Scale quickly or fail fast: An inductive study of acceleration," Technovation, Elsevier, vol. 98(C).
    14. Michał Bańka & Mariusz Salwin & Maria Kukurba & Szymon Rychlik & Joanna Kłos & Monika Sychowicz, 2022. "Start-Up Accelerators and Their Impact on Sustainability: Literature Analysis and Case Studies from the Energy Sector," Sustainability, MDPI, vol. 14(20), pages 1-30, October.
    15. Moritz, Alexandra & Naulin, Tamara & Lutz, Eva, 2022. "Accelerators as drivers of coopetition among early-stage startups," Technovation, Elsevier, vol. 111(C).
    16. Mingfeng Tang & Grace Sheila Walsh & Cuiwen Li & Angathevar Baskaran, 2021. "Exploring technology business incubators and their business incubation models: case studies from China," The Journal of Technology Transfer, Springer, vol. 46(1), pages 90-116, February.
    17. Swen Nadkarni & Reinhard Prügl, 2021. "Digital transformation: a review, synthesis and opportunities for future research," Management Review Quarterly, Springer, vol. 71(2), pages 233-341, April.
    18. Manhart, Niklas, 2022. "The Mission Comes First: Exploring the Mechanisms of Organizational Sponsorship for the Acceleration of Social Start-Ups," Junior Management Science (JUMS), Junior Management Science e. V., vol. 7(2), pages 289-337.
    19. Frida Thomas Pacho, 2018. "Diversified Network Effects on Innovation Performance in Tanzania: Innovation Strategy in Service Firms," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 5(1), pages 1-1, December.
    20. Junfu Zhang, 2011. "The advantage of experienced start-up founders in venture capital acquisition: evidence from serial entrepreneurs," Small Business Economics, Springer, vol. 36(2), pages 187-208, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jinten:v:22:y:2024:i:2:d:10.1007_s10843-024-00362-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.