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Moderator: Dan Cole, Head of Sales & Business Development, SPROCKIT
Speakers:
Harry Glazer, Founder & CEO, SPROCKIT
Annette Tonti, Managing Director, RIHub
Steven Santamaria, CEO at Folio Photonics Inc.
Corporations are excellent at scale. They were built that way. They leverage well defined processes and hire armies of people who follow the rules and execute with excellence. This environment is not conducive to innovation. Entrepreneurs break the rules and leverage technologies to find faster pathways to get a job done. These two entities could not be working at more distinctly different purposes, which is precisely why they make excellent partners in innovation!
As a result large corporations need to work with startups to accelerate innovation. Startups help big business to find better pathways, define new products and test markets that the large established entity would not be able to do for years. There are many reasons why corporations should work with startups. We’ll explore the opportunities and issues that these relationships present and the companies, like SPROCKIT that help to facilitate them.