Samsung Corporate venture
Samsung is a company that is among the top of the world’s largest venture capital firms.
Reasons for venture
Samsung has a history of easily recognizing opportunity by taking larger risks on
...
Samsung Corporate venture
Samsung is a company that is among the top of the world’s largest venture capital firms.
Reasons for venture
Samsung has a history of easily recognizing opportunity by taking larger risks on technologies as
they start-up and then having market dominance. The company has a past success, which gives it
credibility allowing the company to venture into many opportunities in life care: The Company
has noted the huge growth area for start-ups in technology. Samsung responds to the market
since there is a clear indication of software and internet companies emerging.
Samsung has a reason to venture to help bring expertise and technology to the emerging
company for adaptation to the existing or new markets. To speed up the development of a new
product, Samsung combines research from different locations and fields. Furthermore, Samsung
recognizes an opportunity where the expertise required is outside the business, and the corporate
acquires the needed skills.
Gathering resources
Samsung first makes industry know-how about the venture. This is an educational resource.
Samsung gains as much education as possible before venturing into a new start-up. This always a
better way to make smarter decisions and be prepared regarding the future of the venture: by
having an in-depth knowledge of the start-up and its competitors. Samsung gathers financial
resources. This is the most important element in helping the third party dominate the market.
Thirdly, the company includes employees as essential resources. Samsung has a goal to
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