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1、2025 Corporate Venturing Report by Gary DushnitskyClaudio GarciaSerguei NetessineValery YakubovichHow Corporations and Startups Are Redefining Corporate VenturingWhen Goliath Needs DavidAbout The Mack Institute for Innovation Management at the Wharton School at the University of PennsylvaniaThe Mack
2、 Institute for Innovation Management supports Wharton faculty research on innovation and entrepreneurship and translates it into experiential learning for students and actionable insights for business.By fostering collaboration among researchers,students,and industry leaders,the institute serves as
3、a hub where academic discovery meets real-world application.Through cutting-edge research,hands-on student engagement,and dynamic events,the Mack Institute helps organizations navigate the risks and opportunities of emerging technologies and innovation-driven change.Recommended citation:This report
4、should be cited as:Dushnitsky,Gary;Claudio Garcia,Serguei Netessine,Valery Yakubovich.(2025).Corporate Venturing Report.Mack Institute for Innovation Management at The Wharton School.Please use this citation format when referencing this report in publications,presentations,or academic work.If citing
5、 in a different format,please retain the full author and publication details provided above.Introduction:From CVC to Corporate VenturingMatching Venturing Practices to Corporate Goals(p.4)Activities and Programs(p.8)Beyond R&D:Understanding Corporate Objectives(p.8)Part 1:How Corporations Engage wit
6、h StartupsFrom Experimentation to the Mainstream(p.9)Corporate Venturing Across the Globe(p.12)Corporate Venturing by Sector(p.13)CVC:A Traditional Model of Corporate Venturing(p.14)Accelerators and Incubators:Fast-Tracking Innovation(p.15)Venture Building:Nurturing Startups on Demand(p.16)Venture C