Exploration capability – opening up new business areas

The dynamics of uncertain times and changing customer needs often demand radical innovations from companies. Step-by-step changes in the core business are no longer sufficient to adapt to the dynamics of the market. Instead, many companies are faced with the task of translating trends into product and process innovations at high speed or even establishing entirely new business areas or models.

Exploration capability means opening up new business areas through corporate venturing, by means of separate corporate units or in the form of start-up participation. This enables you to adapt more quickly to new or changed customer and market needs and to realize radical technological innovations in the sense of "deep tech".

Fraunhofer IPT will work with you to investigate how to set up separate innovation units and identify forms of cooperation and partners that suit your company.