There are several types of partnerships that entrepreneurs can form with established firms:
1. Strategic Alliances: These involve mutual agreements where both parties benefit from shared resources and expertise. 2. Joint Ventures: This entails creating a new entity jointly owned by both the startup and the established company. 3. Supplier Relationships: Startups can become suppliers to established firms, providing innovative products or services. 4. Licensing Agreements: These allow startups to license their technology or products to larger firms for a fee or royalty.