Businesses create innovation hubs to support emerging startups
Implications - Incubators offer a structure for corporations to foster the growth of small businesses while using them as a source for new developments for their own portfolio. Such innovation hubs offer businesses the opportunity to expand outside their traditional categories and build the influence of their own brand, while simultaneously giving startups access to the expertise and resources of a larger, established company.
Workshop Question — Conceptualize what an innovation incubator would look like within your company.
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