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Engaging with Startups 2.0: Involving Competitors - A Telefónica Perspective

Author

Listed:
  • Henry Chesbrough
  • Sea Matilda Bez

    (MRM - Montpellier Research in Management - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School, Labex Entreprendre - UM - Université de Montpellier, UM - Université de Montpellier)

  • Agustin Moro

Abstract

Telefónica, a large multinational telecommunication company, spends billions of dollars on internal R&D and engages with startups to accelerate its digital transformation. In 2011, Telefónica created Wayra, one of the first corporate startup accelerators and an example of "outside-in" open innovation. This case follows Agustín Moro, Head of Partnerships at Wayra. First, he navigates the challenges of integrating technologies from Wayra-sponsored startups into Telefónica. Next, in 2015, he wrestles with whether Telefónica should join a joint startup accelerator created by some of Wayra's competitors. Finally, Moro faces complex questions about this decision as well as Wayra's future.

Suggested Citation

  • Henry Chesbrough & Sea Matilda Bez & Agustin Moro, 2023. "Engaging with Startups 2.0: Involving Competitors - A Telefónica Perspective," Post-Print hal-04420284, HAL.
    • Handle: RePEc:hal:journl:hal-04420284
    as

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