Technology Management: Corporate-Startup Co-Location and How to Measure the Effects
Rapid technological developments make firms favor the creation of new approaches to technology management. Startups can offer large firms access to new technologies and the emphasis on corporate-startup collaboration has therefore reached a new level. Many models exist and co-location is one of these. While co-location in the context of clusters and innovation systems has been studied in previous literature, research on corporate-startup co-location is very limited. The purpose of this paper is to investigate the broader phenomenon of business co-location and based on this review, suggest a framework and metrics to evaluate the effects of corporate-startup co-location. The paper originates from earlier conducted studies on corporate-startup collaboration models. For this paper a literature review on the broader phenomenon of business co-location is conducted. The theoretical contribution is a proposed multi-stakeholder framework and metrics for evaluating the effects of corporate-startup co-location.