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Large companies need to innovate or they will become irrelevant. Kodak and Nokia are famous examples that neglected to react to new market trends. PEGAZA can assist in identifying the right tools for internal and external innovation. Setting up a corporate venture fund or joining an existing VC is a good option.
Fostering internal innovation needs to start from the top and has to balance operational requirements and the need for strategic freedom and experiments. Setting up internal teams to spearhead relevant product or business ideas is a practical approach. Having worked with many companies on these initiatives we can advise you on the best solution for your company.
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