In recent years we have begun to talk more about the collaboration between large corporations directly with startups that are addressing potential disruptive innova- tions in the industries in which they participate. Compilations of best practice for collaboration between corporates and startups have begun, such as the one done by IESE Business School and Opinno in May 2018 (Prats, Siota, Canonici & Contijoch) and Nesta, Founders Intelligence and startups Europe in 2015 (Mocker, Bielli & Haley, 2015). The protagonists of this study, on both sides of the value equation, dinosaurs and unicorns, are witnessing collaboration formats that have worked in the inancial industry in Latin America and the beneits obtained by this type of open innovation to address the disruptions. A TWO-WAY PATH48

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