Types of Innovation within Corporate Incubators

Günther Schuh, Florian Vogt

2020

Abstract

To maintain market advantages many established companies facing the challenge that focusing on existing products is not enough. Companies are therefore forced to identify innovation outside their core business. A common approach to meet these requirements is the setup of a separated innovation path outside the corporate structures, a so called corporate incubator. Although there are some success stories, many of these corporate incubators fail. One major challenge corporate incubators are facing in their daily work is the innovation transfer within the corporate structures. To address this problem, the author develops a model to design the transfer process between corporate incubators and its parent company. This research paper states a contribution to the transfer model. So far, the transfer object as the main influencing factor within a transfer process from corporate incubators is only insufficient examined in science. The authors therefore aim to provide a practical classification of innovations which are transferred from corporate incubators to its parent company. Based on an intensive literature study characteristics to describe innovations from corporate incubators are identified and discussed. The identified characteristics are then used to define and describe 6 types of innovation which are common within a transfer process from corporate incubators

Paper Citation

in Harvard Style

Schuh G. and Vogt F. (2020). Types of Innovation within Corporate Incubators. In Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT, ISBN 978-989-758-501-2, pages 316-324. DOI: 10.5220/0010308300003051

in Bibtex Style

@conference{cesit20,
author={Günther Schuh and Florian Vogt},
title={Types of Innovation within Corporate Incubators},
booktitle={Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,},
year={2020},
pages={316-324},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010308300003051},
isbn={978-989-758-501-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,
TI - Types of Innovation within Corporate Incubators
SN - 978-989-758-501-2
AU - Schuh G.
AU - Vogt F.
PY - 2020
SP - 316
EP - 324
DO - 10.5220/0010308300003051