The State of Startup/Corporate Collaboration 2016 report suggests 67% of corporates prefer early interaction, with 82% saying interaction was at least somewhat important.

Corporate want to interact with startups at an early stage but innovation efforts by corporates are still relatively underdeveloped, according to a report by US-based accelerator MassChallenge and consulting firm Imaginatik.

The State of Startup/Corporate Collaboration 2016 interviewed 112 representatives from large companies including Microsoft, Pfizer, Cisco, IBM, Xerox and KLM as well as 233 startups.

A total of 82% of the corporates stated interacting with startups was at least somewhat important, 23% of which listed the practice as…

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