Globally, corporate venturing continues to grow and drive innovation. It’s a good thing. Corporations are realizing the value of investing in outside technologies, and technology scouts are uncovering market adjacencies. Corporate Venturing is now a big part of an organization’s innovation strategy.
It also means less low-hanging fruit. The amount of exploitable technology continues to grow at an extraordinary rate. However, so does the number of firms looking to capitalize on the next big thing. Fierce competition with larger investments requires execution excellence.
Several recent studies confirm the trend. We have put together some of the more interesting facts regarding both the growth of Corporate Venturing programs and the potential threats to existing operations.
Fear not! There is an upside since firms with a systematic approach will have a competitive edge.