Many corporations, when facing the risk of disruption, seek to accelerate innovation by taking cues from the startup world. In this TEDx talk, Lou Kerner, founder of the The Social Internet Fund, focuses on how and why only a small subset of corporations will succeed in this paradigm.
- Money spent does not equate to innovation.
- Average lifespan of a company has dropped by 70% over the last 50 years.
- M&A is not driving innovation (Clayton Christensen, “The Innovator’s Dilemma”).
- Corporations are hiring accelerator programs (like Techstars) so they can learn to innovate like startups.
Learn more about our programs, including our corporate accelerators, here.