Strategic Collaboration between Startups and Corporations in Driving Green Business Innovation

Authors

  • Sahat Nicolus Wicaksono Panggabean Universitas Diponegoro, Semarang, Indonesia Author

Keywords:

Corporate, Green Innovation, Startup, Strategic Collaboration, Sustainable Business

Abstract

Strategic partnerships between startups and corporations play a crucial role in driving sustainable green business innovation. This study aims to examine the contribution of such strategic synergy through a systematic literature review of recent academic publications. The findings indicate that these collaborations significantly accelerate the adoption of environmentally friendly technologies, improve resource efficiency, and foster the transformation of business models towards sustainability. By leveraging the agility of startups and the resources of corporations, such partnerships create a mutually beneficial dynamic that enhances innovation capacity and operational scale. The integration of sustainable values and shared innovation agendas strengthens the competitiveness and resilience of businesses in facing global environmental challenges. Additionally, the study highlights the importance of governance structures, mutual trust, and policy support to ensure the long-term effectiveness of these partnerships. The collaboration between startups and corporations emerges not only as a strategic option but as a necessity in transitioning towards an inclusive and low-carbon economy that aligns with global sustainability goals.

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Published

2024-12-30