In this report we measure and analyze the most visible and significant part of the Italian startup ecosystem represented by scaleups, i.e. tech companies able to raise over one million in capital.
Open Innovation has been a fast growing trend in the last few years, in particular with its focus on corporate collaboration with startups and scaleups. This is now visible in every industry, where the rate of innovation is accelerating, and technological advancement is driven by multiple organizations, often lean and fast-moving startups. making it more difficult to keep the pace of innovation internally. Nonetheless, corporates can leverage the speed of the startups, and take advantage of their knowledge to complement their internal R&D processes.
The flow of large corporates1 setting their own innovation outpost in Silicon Valley is in continued acceleration. And so are the models and methodologies used by such units. While is undoubtful that the COVID-19 epidemic has had some effects on the medium term commitment of such outposts (we do have counted a few “retreats” of Innovation Antennas as a result of budget cuts), for the most part data shows that both the number and the size of such units is experiencing a steady growth.