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Exploring MNC - Startup Symbiotic Relationship in an Entrepreneurial Ecosystem

Asian Journal of Innovation and Policy / Asian Journal of Innovation and Policy, (P)2287-1608; (E)2287-1616
2018, v.7 no.1, pp.131-149
https://doi.org/10.7545/ajip.2018.7.1.131
Loganathan, Muralidharan (Indian Institute of Science)

Abstract

Multinational corporations (MNCs) leverage global locations for efficient production and sustained growth, and move significant foreign direct investments globally, particularly into emerging economies. MNCs also engage in entrepreneurial ecosystems of host countries for strategic benefits and impact the ecosystem as well. Of late, MNCs are increasingly entering into emerging economies like India through foreign direct investment (FDI) inflows and they are playing a vital role in start-up promotion in the entrepreneurial ecosystem. Therefore, we examine the role of MNCs and its impact on the entrepreneurial ecosystems in India by exploring a symbiotic relationship between MNCs and startups. We use a case-based method to ascertain and analyze specific benefits that emerge from such symbiotic relationships and draw implications for startups in India's technology entrepreneurial ecosystem.

keywords
Ecosystem, entrepreneurial, MNC, startup, engagement, corporate, symbiotic

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Asian Journal of Innovation and Policy