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Evaluating Corporate-Startup Co-Creation: A Critical Review Of The Literature

Author

Listed:
  • ANNIKA STEIBER

    (Department of Management, Menlo College, Atherton, California, USA)

  • SVERKER ALANGE

    (#x2020;Institute for Management of Innovation and Technology, Gothenburg, Sweden)

  • VINCENZO CORVELLO

    (#x2021;Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende, Italy)

Abstract

Partnership with startups offers large firms knowledge about, and access to new technologies. Incumbents’ emphasis on corporate-startup collaboration has therefore reached a new level and various models for corporate-startup collaboration can now be found among large enterprises. “Co-creation” between large firms and technology startups, is one of these models that increases in traction. The model is, however, under-researched and research on frameworks and metrics for evaluating the business effects from corporate-startup co-creation is scarce. The purpose of this paper is therefore to extend the existing body of knowledge by investigating frameworks and metrics for evaluating corporate-startup “co-creation” and to suggest a framework for evaluation of corporate-startup co-creation programs. A literature review on identified frameworks and metrics is presented, covering research findings on evaluation models for corporate-startup collaboration. The main finding in this paper is a “multi-stakeholder framework” for evaluating the collaboration’s results in corporate-startup co-creation models.

Suggested Citation

  • Annika Steiber & Sverker Alange & Vincenzo Corvello, 2021. "Evaluating Corporate-Startup Co-Creation: A Critical Review Of The Literature," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 25(07), pages 1-20, September.
    • Handle: RePEc:wsi:ijimxx:v:25:y:2021:i:07:n:s1363919621500730
    DOI: 10.1142/S1363919621500730
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    Cited by:

    1. Stefano D’Angelo & Angelo Cavallo & Antonio Ghezzi & Francesco Di Lorenzo, 2024. "Understanding corporate entrepreneurship in the digital age: a review and research agenda," Review of Managerial Science, Springer, vol. 18(12), pages 3719-3774, December.
    2. Nobari, Niloofar & Dehkordi, Ali Mobini, 2023. "Innovation intelligence in managing co-creation process between tech-enabled corporations and startups," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).

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