Chapter 2 discusses Principle 5 and illustrates that there are signs of a new dynamism between multinationals and entrepreneurs, and that this dynamism will help both multinationals and entrepreneurs to become more innovative. In Denmark, innovation partnerships between large and small firms have been actively-supported and encouraged. The corporate entrepreneurship agreement is an example of government-facilitated collaboration between firms.

A new corporate entrepreneurship initiative has been launched in Denmark in 2008. Some of the largest Danish companies working within cleantech have signed a partnership agreement with the aim of working more with small innovative start-ups.

This partnership specifies how the large companies will aid Danish entrepreneurs by, for instance, making key staff available or helping to facilitate contact to customers and subcontractors in overseas markets. Only entrepreneurs with a high growth potential are matched with existing firms.

Source: The Danish Enterprise and Construction Authority.

For more details on the case, contact FORA at FORA@newnatureofinnovation.org.