Tag: Edybees

DJI & Edgybees, a Cinderella Story: Corporations Giving Startups a Step Up Sarah Lavin, OurCrowd Traditionally, corporate innovation has been an internal R&D game. For 200 years, major corporations like Ford, IBM, and GE developed their innovative products from within. While the last half of the 20th century saw a move towards more M&As, with companies quickly absorbing technology that brought new promise into their operations. M&As worldwide have recently remained relatively stagnant, rising from 2014-2015 only by 2.7% percent. In the last few years, informal partnerships between corporate giants and tiny startups are starting to flourish. Semi-Formal Engagement The move away from internal R&D and M&A doesn’t spell the end for corporate hunger for new technologies; in fact, more companies than ever are chomping at the bit for startup breakthroughs. They are engaging scouts worldwide, creating or supporting incubators, and looking for ways to generate more momentum. There has been an explosive growth of accelerator programs according to The Brookings Institute, which is reporting an average increase of 50% in such programs from 2008 to 2014 with around...