Understanding the Innovation Landscape
Innovation is a key focus for businesses looking to stay competitive. Many corporations hunt for new ways to gain an edge. Many have also noticed that there are lots of exciting actors in their local (and even wider) innovation ecosystem. It seems like every time they turn around, there are more ideas and opportunities. And globally, there is an ever-growing pool of new startups with remarkable products and services.
How can corporations get to know these players, nurture their ideas, and even get involved so as to benefit? Activate Ecosystem Growth is one such way.
The case study in our latest report, Lessons in Corporate Innovation, discusses how Qatar Development Bank (QDB) focused on its local and national innovation ecosystem. QDB became involved with UBI Global’s premier annual event, The World Incubation Summit 2019.
With the event and in sponsorship of The World Benchmark Study, the company set its aim on nurturing and promoting its city’s and country’s startup talent. With the collaboration, QDB underscores the importance of identifying quality incubators and accelerators as champions of the innovation landscape.
Download Uncover the Innovation Community – Activate Ecosystem Growth, for a closer look.
Overall, the report provides a thought-provoking look at how large organizations are embracing young, innovative startups to support business needs in key areas. The case study spotlighting how QDB focused on ecosystem growth is just one example.
Uncovering- and Promoting- Top Innovation Talent
Most corporations do not know who the players are in their local innovation ecosystem- nor how to become part of the innovation ecosystem.
If they did become part of it, what role would they play? Whereas “corporate venturing” is a desire, they need more information and analysis to understand the ecosystem and identify top talent.
Moreover, they need a credible source to find growth startups with scalable ideas and to judge which ones are winners.
For this, Qatar Development Bank turned to UBI Global which we discuss in the latest installment of our Insights Series, Uncover the Innovation Community – Activate Ecosystem Growth.
Collaboration to Support Ecosystem Growth
Interest from corporations into the world of business incubators and accelerators- and their associated startups- is evident.
Over one-third of the UBI Global member programs benchmarked reported at least one corporate partner. It is through these partnerships that corporations secure their future competitive advantage while simultaneously protecting their core brand identity.
Realizing the value of innovation starts with education on the global landscape, and UBI Global is dedicated to enabling worldwide collaborations that impact innovation.
UBI Global offers international events, insights, tools, consulting, and more. Its network consists of over 700 incubators and accelerators located in over 70 countries. Members represent over 20,000 startups worldwide.
Download for free: Uncover the Innovation Community – Activate Ecosystem Growth.
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