The Mai Bangkok Business Challenge at Sasin 2015
Thailand’s Only Global New Venture Plan Competition
Houston Technology Center Asia Entrepreneurship Forum
The Open Innovation Ecosystem: How small start-ups can engage big companies for win-win collaborations
Kiatnakin Bank 99-Second Pitch
Witness how teams from top business schools from around the world pitch their new ventures in just 99 seconds!
Start up companies usually enjoy a wealth of innovative ideas and entrepreneurial energy but suffer from insufficient capital, institutional framework, and market access to commercialize new products.
Large companies, meanwhile, typically enjoy easy access to capital, institutional infrastructure and larger geographical reach to test new ideas … but find it challenging to consistently discover new innovative products in a predictable fashion.
Thus there’s massive value to be gained when small companies work with large companies – but then why do so few collaborations happen?
Start ups face significant hurdles when trying to engage large companies, while large companies can find it difficult to identify the best new entrepreneurs and technologies from the world’s vast and ever-changing start up universe.
Open Innovation is a paradigm whereby firms use both external ideas and internal ideas, combined with both external and internal pathways to market, as a means to successfully advance new technologies. In many markets across the world, Open Innovation has allowed small companies to successfully commercialize and scale quickly, and large companies to rapidly innovate as if they were start ups.
In this panel discussion, we will explore the challenges and opportunities that exist in developing South East Asia’s Open Innovation Ecosystem.
Sasin Graduate Institute of Business Administration of Chulalongkorn University
Bangkok, Bangkok 10330