The best large companies are developing new skillsets related to working with startups. These range from participating in accelerator programs to holding hackathons to creating new investment funds to simply assigning an executive to be a visible point of contact — an ambassador to the startup ecosystem.
Not all of those approaches will work for every company, and doing all of them at once is a recipe for disaster.
A good starting place in this topic area is our research report, “The Changing Landscape of Corporate-Startup Engagement,” featuring quantitative data and interviews.