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November 2000

Outsmart the Upstart

Radical Innovation: How Mature Companies Can Outsmart Upstarts

By Wade Roush

The Internet stock bubble may have burst, but that hasn't freed big companies from fears that their own market values could be decimated overnight by nimble startups. Never mind that most startups fail-and that they can be acquired. Corporate America still dreams of a way to domesticate innovation, for example by creating internal "entrepreneurial incubators" and "corporate venturing" departments to support ideas that wouldn't normally find a home (see "Lucent Ventures Into the Future").

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