05 April, 2023
“Surviving the Storm”: how corporate-startup collaboration is the key to thriving amid economic turbulence.

The Sopra Steria Group together with Ipsos and INSEAD professors, carried out a comprehensive survey of some 1,648 startups and corporate organizations, both public and private, from 10 European countries to evaluate how the corporate-startup collaboration phenomenon across Europe is evolving. The results are presented in a report entitled: “Surviving the Storm”: how corporate-startup collaboration is the key to thriving amid economic turbulence.
[ https://lnkd.in/eiK5bCjA ].

Some of the main conclusions are:

·        Almost 3 in 4 (72%) European corporates have launched Open Innovation projects with startups.

·        Two-thirds (67%) rated startup collaboration as Important or Mission Critical for their organisation’s strategy

·        89% of corporates who managed collaborations using a dedicated business unit always achieved their objectives

·        A total of 69% of corporates say they want to collaborate with startups within the next 18 months
 

Top three future collaboration topics:

·        Sustainability

·        Cybersecurity

·        A.I.

The figure shows the main conclusions, where

·        60% of corporates indicate that collaboration with startups is important to them

·        Corporates in Telecommunication, financial and legal services are most interested in Europe

·        Startups see market access as their main benefit