A virtuous economic model for open innovation

Sep 8, 2019 Economic model
Open Innovation

A virtuous economic model for open innovation

Traditionally, it is the business provider who is paid for having identified and qualified a project; to then present it to a potential supplier. Very often the latter complains about the qualification of the project, the planned agenda, or the available budget, etc.

The model retained by Collaboration Capital is the opposite. The author of the project takes out a subscription. He is accompanied in the qualification of the project and the description of its characteristics and objectives. The aim is to maximize and make reliable the selection of potential suppliers who will receive a description of the project free of any charge.

Startups, research laboratories, etc. can apply for qualified projects proposed by Collaboration Capital, free of charge. They validate a cooperation agreement or an order without paying a single cent to Collaboration Capital.

The counterparts (startups and research laboratories), thus have access to better qualified projects with a higher commitment. In fact, a budget has been dedicated to innovation by the author of the project, a customer of Collaboration Capital.

The business model is virtuous: it allows innovative ecosystems (Startups, Research Laboratories …) to access and carry out business, for free, with companies engaged in open-innovation approaches.

For the author of the project, it is the guarantee of not having a bias in the connection in addition to an exhaustive and objective sourcing.

Benefit also from feedback from collaborations between startups and companies.

 

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