mm1 Startup & Innovation Screening

Many young companies, with their dynamism and speed of innovation, represent a serious competition for established companies. With special programs, large companies are therefore trying to map the strengths of startups to themselves. Our mm1 Startup and Innovation Screening gives you detailed insights into related initiatives from the largest companies in the DACH area.

Why startup and innovation activities?

Digitization and Industry 4.0 are buzzwords that stand for current challenges of established companies to succeed with traditional business models and methods. Young companies are conquering classic markets at a very high speed. Fueled by entrepreneurship, venture capital, and the use of lean, customer-centric, iterative development methods (such as Lean Startup or Design Thinking), they challenge the legacy business of established companies with their radical, industry-changing business model and product innovations. Increasingly, established corporations are seeking to combine the strengths of successful startups with their own strengths. For this they rely on specially designed programs and initiatives.

mm1 Studies

Click through our studies, learn more about startup and innovation activities, and download your copy for free.

Around half of the initiatives are accelerators

More than 90 percent of the DAX 30 corporations now have special programs for startup and innovation activities implemented and organized both internally and externally.

The programs are organized either in the form of spin-offs or as internal company divisions. For incubators and accelerators, the internal variant predominates. Within an integrated unit, existing processes and resources can usually be used more easily and mitigate risks better. Critical are the effects on entrepreneurial and creative freedom. By contrast, venture capitalists are usually outsourced from companies, in the form of independent venture capital companies (VCs).

Further information can be found here.

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The mm1 DAX 30 study has already shown that many startup and innovation programs exist. In a new study, we have now examined which of the 60 MDAX companies that are the largest listed companies in Germany after the DAX 30. In addition there were the available annual reports of the MDAX enterprises (status as of 2017).

Further information can be found here.

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Switzerland is one of the world's most innovative countries, according to the Global Innovation Index. But here, too, established companies are under enormous pressure due to digitization and other megatrends. Many startups are changing the market with their radical and disruptive business model and product innovations. That is why established Swiss companies are increasingly trying to combine the strength of startups with their own. The current status is shown by the SMI 20 Startup and Innovation Monitor from mm1.

Further information can be found here.

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Methodology of our studies

In extensive studies, we analyzed the annual reports (status: reports 2017) of companies in the DAX, MDAX and SMI and identified all startup and innovation programs. In addition to the name of the respective program, you will find in our study the location, the year of foundation and the distinction between internal and external programs.

Startup and innovation activities of large companies can be divided into three categories:

Incubators for the fast start of new business models

Accelerators for the swift implementation of an idea to market maturity

Venture capital, i.e. venture capitalists for the purely financial participation in promising startups

Contact our colleagues at the mm1 Practice "Digital Offerings".

Volker

Volker

Jens

Jens

Maureen

Maureen

Marc

Marc

About mm1

mm1 is the consultancy for Connected Business.

Driven by its mission to create digital champions, mm1 supports large companies and world market leaders to be strong players in tomorrow’s digitized and connected world. In close collaboration, mm1 consultants define connected business strategies and subsequently design tomorrow’s business models, products and services. Finally, mm1 also ensures efficient implementation and concise market entry.

Clients include large corporations within the telecommunications, automotive, banking & finance and industrial IoT space. mm1 was founded in 1997 and is headquartered in Stuttgart, Germany, with additional offices in Berlin and Zurich, Switzerland. Extending the Connected Business value chain, mm1’s Berlin based development company mm1 Technology additionally delivers top of the notch wireless technology development, as well as hardware and software for Connected Business solutions.