Business professionals and technology experts agree that the technological revolution we are facing today is just in its infancy. This report is the first to be published by mVenturesBcn, a program of Mobile World Capital Barcelona, together with IESE Business School. Its aim is to provide a handbook on corporate venturing that can be useful for the entrepreneurial community globally.
Established firms have confronted the threat of becoming obsolete by opening their innovation strategy to increased exchanges with the ecosystem. Trying to understand how cloud computing, big data, artificial intelligence, the Internet of Things or blockchain technology may affect how we do business today has led to a more acute need to understand how to work and collaborate with the start-ups pioneering solutions based on these technologies.
As academics define it, this is a hybrid model in which both start-ups and large corporations are needed to come up with new solutions for the complex problems we face in business and society at large.
Therefore, this first report is published as a road map for all companies in all sectors that want to dive into the world of corporate venturing, both for those with no previous experience and those that have already stepped into this field.
Prof. Prats’ primary area of interest is the entrepreneurial process, which includes the identification, evaluation and implementation of opportunities in any context. Central to this work is developing strategies and systems that help established firms achieve profitable growth. Her second work stream focuses on understanding the key factors in building and managing professional service firms.
Prof. Prats was nominated Kauffman Emerging Scholar for her dissertation work and has published in international journals, both for practitioners as well as for the academic community. She has also authored teaching materials and contributions to several books on entrepreneurship and growth strategy related topics.
At IESE, she teaches courses on entrepreneurship, growth strategies, in a wide variety of programs including the MBA Programs, and international executive education. She has also been visiting professor at The Wharton Business School (USA), IPADE (México), INALDE (Colombia), and The University Asia Pacific (Philippines) among others.
Professor Prats consults for some professional service firms, European high growth firms, and seats on the board of several nonprofit organizations.
For years, Mr. Servat has held managerial positions at Fluidra, a public Spanish multinational group dedicated to the development of applications for the sustainable use of water.
Since 2014, he is in charge of Fluidra Accelera, one of the few industrial accelerators in Spain, focused on technology and water. Its goal is twofold: to complement its internal innovation by seeking out entrepreneurs that can leverage the existing R&D projects of the while seeking a financial yield at the same time.
Currently, Managing Director of Idneo Ventures, the corporate ventures fund from Ficosa.
Entrepreneur profile with high experience in technological start-up projects, he participated in the foundation of Fractus, a well-known growing European Technology start-up in the global telecom industry, Advanced Automotive Antennas, today the core business of Ficosa Advanced Communication, Wireless BCN and Social & Beyond in Wayra, and Teraki in Hub:Raum, the Deutsch Telekom accelerator.
He is collaborating and participating in major accelerators networks like Wayra (Telefonica), Startupbootcamp, BWM startup Garage, Airbus Bizlab and Challenge Up (Cisco, Intel and Deutsche Telekom program).
Edouard main interests include IoT, Wireless technologies, Big Data and collaborative economy models. Between Barcelona and Berlin.
Mr. Salvador is an entrepreneur that co-founded Altac in 2003, a company specialized in new computer technologies applied to the design and the study of new construction materials such as CSP solar towers or chimneys.
Ever since, he has hold managerial positions related with engineering at several corporations including The Celsa Group, one of Europe’s top four steelmakers.
Since May 2016, he is the Innovation Director of the Celsa Group, where he is in charge of “Ingenium”, an accelerator program striving to lead industry transformation via innovation in energy storage, traceability in the supply chain, “smart steel” and recycling byproducts.
He holds a civil engineering degree from Universitat Politécnica de Catalunya and an MBA from IESE Business School.