Stanford professor Ilya Stebulaev has a step-by-step guide to get companies into the venture mindset. Step one: if you want a home run, you can't be afraid of striking out.

Most large corporations still don’t understand venture investing. Many of them have realised that they need to tap into the innovation from the startup ecosystem, and a majority now have some kind of strategy to invest in or engage with emerging companies. But these can be ad hoc and poorly designed, says Ilya Strebulaev, professor of private equity and finance at Stanford graduate school of busi...

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Maija Palmer

Maija Palmer is editor of Global Venturing and puts together the weekly email newsletter (sign up here for free).
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