Open Innovation

We provide ‘Open-Innovation as a Service’ to accelerate the digital transformation of real large and medium-sized enterprises.
More Open Innovation Program

Open Innovation
Advisory

We provide a structured program focused on proactive scouting and proof of concept testing, co-investment, and maximizing exit value from external startup organizations that play a key role.
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Education
Training/workshop programs for digital-only organizations that are conducting open innovation activities for the first time, such as discovering new business opportunities through PoCs with startups and strategic investments for M&A purposes.
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PoC
A project that aims to match digital & platform-based tech startups with collaboration departments to conduct market verification, develop affiliate products based on customer DB, create additional revenue streams through interconnection between services, and develop joint new businesses.
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Investment
Pre-emptive investments in very early/early stage technology innovation/platform driven startups by forming a private equity fund / limited partnership / venture capital fund. Leverage the TIPS program to maximize early stage team funding.

OI Process

We provide integrated advice on open innovation, from pre-planning to developing and operating a PoC/investment-oriented deal scouting pipeline, and post-management.
1
Proactive Planning & Advisory
  • Business/Strategic Due Diligence (CDD) and Trend Research
  • Business status analysis, problem diagnosis and advancement
  • New business area planning and program design
2
Deal Scouting Planning and Operations, Inbound Channel Development and Operations
  • Explore new and emerging business areas
  • Unique program branding, dedicated landing page development
  • Pooling of scouting candidates through outreach and PR
3
Scouting Proof-of-Concept/Investment Candidates, Proactively Execute Investments
  • Scouting candidate companies
  • Create data room/report for selected companies
  • PoC discussions and negotiations with finalized companies
  • Formation of joint project fund and investment execution
4
PoC Promotion and Follow-up
  • The Invention Lab’s unique Accelerating as a Service (AssA) program
  • Establishment of PoC management process
  • Transfer of working team, KPI management
5
Maximize Exit Value, Capital Gain
  • Raising a follow-on investment
  • Business valuation
  • Maximizing investment gains through an exit

Our Partners

For many years, he has been working with Korea’s leading conglomerates, listed companies, and mid-sized group companies to identify and co-invest in early stage technology innovation startups.

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More support and program information can be found on the Open Innovation Program site.

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