Since the introduction of open innovation developed by Chestbrough, many corporations have been adopting open innovation strategies to improve their innovation process efficiency by leveraging external talent. Startups and corporates bring each other immense opportunities through collaborations that, if harnessed correctly, create win–win situations for both parties. However, successfully implementing open innovation is not easy.
Organised by Enterprise Singapore in collaboration with Agorize, SLINGSHOT 2020, one of Asia’s largest startup competitions has now officially come to a close. With over 7,500 applicants participating worldwide, SLINGSHOT 2020 offered global startups the opportunity to showcase their solutions and products to global investors and industry leaders. Nextbillion.ai, an AI-powered hyperlocal solutions startup based
Hot off last year’s success, “AWS Hackdays Online 2020: Build Tomorrow!” drove over 2,300 participants with 4 new ASEAN participating countries including Brunei, Cambodia, Myanmar and Pakistan. Participants were encouraged to bring digital solutions to tackle challenges in the fields of Sustainability, Learning and Development, Automation and Security in Southeast Asia. The application phase in
Powered by digitalisation, entrepreneurial spirit and the agility to pivot swiftly, startups are seen as potential partners for corporations across all sectors to engage. For innovative initiatives in particular, more corporations find it far more valuable to leverage the innovative technology that startups have developed through mutually beneficial engagement models. Yet in all of these
Here’s a brutal truth about corporate-startup engagement: A study conducted by 500 Startups and INSEAD has shown that 68% of the top 100 Forbes Global 500 companies are constantly engaging with startups. Corporate-startup engagement (CSE), in one form or another, is a hot topic. However, with terms like incubator, accelerator, open innovation, hackathons and corporate
Agorize comes from “Agora” and “Rise” and empowers companies and people from all over the world through Open innovation Challenges.
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