In Asia, corporate-startup partnerships are growing at speed. Over the past 5 years, we have seen a 2.8x increase in such partnerships in Asia, with East Asian countries leading the pack. That is because the opportunity for corporations to work with startups is large. According to CB Insights’ Global Unicorns’ List, 281 out of 1000 […]
“Success is personal and it looks different for everyone.” This perspective led Joyce TAY (Statistics 2010) to take the leap of faith from a corporate career to the unknowns of entrepreneurship. She co-founded StartupX, an innovation and venture enabler in 2018, and has not looked back since.
Here at StartupX, we’ve been fortunate enough to work closely with several different stakeholders of the SEA business community. This article is part of our series attempting to share some of the knowledge we’ve developed to help bring about more informed business decisions as we all look to emerge from COVID-19 better and healthier. Against […]
Here at StartupX, we have a bird’s eye view of some of the latest developments in the ecosystem, owing to our interactions with our ecosystem partners, our network and the work we do. COVID-19 has undoubtedly brought about changes that are here to stay, and in order to help the community be better informed and […]
Inconspicuous to us are billions of devices embedded with sensors communicating with one another, typically through a cloud network. This is loosely defined as the Internet of Things (IoT). For decades, security and privacy concerns have loomed over IoT technology. As the saying goes – a chain is only as strong as its weakest link […]
What is corporate innovation A pile of rocks ceases to be a rock pile when somebody contemplates it with the idea of a cathedral in mind. Corporate innovation is the process by which companies leverage on ideas to improve and disrupt existing products, processes, models and methodologies, and in today’s fast-changing world, it […]
Joyce Tay, Chief Strategy Officer of StartupX, tells Yaniv Corem at the The School of Innovation why Southeast Asia needs to look at corporate innovation with a different lens, and the biggest misunderstanding people have about corporate-startup relationships.
For years, humans have been worried about job loss due to automation. According to the Oxford Economics, automation could displace 20 million manufacturing jobs by 2030. While automation reshapes the world’s employment landscape, this is not unexpected. Throughout history, we have seen examples of technology replacing jobs. For instance, the U.S. rail industry which once […]
Developing a corporate innovation strategy is no easy feat. Akin to cooking a good dish, aside from ensuring that you put in place the best ingredients and chef, adopting the appropriate cooking methods and processes is critical to delivering that dish that you so desire. Likewise, aside from taking into consideration factors such as innovation […]
Innovation is the process of coming up with ideas that creates value for your customers. As the world becomes increasingly competitive, corporate innovation is crucial not only for a company to grow, but also to sustain itself as it allows companies to adopt new technologies, and keep up with the changes in the market. So […]
There’s no doubt that the world is changing rapidly; faster than any era before this. A decade ago, it was unimaginable to own refrigerators that would be able to inform us when we are running low on groceries, yet now we are in the era of the ‘Internet of Things’. Every second we see 127 […]