Strategic effects of corporate venture capital investments

Sergey Anokhin, Joakim Wincent, Pejvak Oghazi

Результат исследований: Материалы для журналаСтатья

1 цитирование (Scopus)

Выдержка

This paper analyzes the strategic effects of corporate venture capital investments. Specifically, by studying the deals of 163 corporations over a four-year period, it documents the effects of driving, emerging, enabling, and passive investments on the pool of innovative opportunities available to incumbents and the scale efficiency gains they experience as a result of these investments. The study suggests that by making driving and enabling investments, incumbents position themselves in the industry to take advantage of increased pools of innovative opportunities and improve scale efficiency yields. At the same time, emerging and passive investments are detrimental for both of the strategic goals considered in this paper.

Язык оригиналаАнглийский
Страницы (с-по)63-69
Число страниц7
ЖурналJournal of Business Venturing Insights
Том5
DOI
СостояниеОпубликовано - 1 июн 2016
Опубликовано для внешнего пользованияДа

Отпечаток

Industry
Corporate venture capital
Strategic effect
Capital investment
Incumbents
Scale efficiency
Efficiency gains
Strategic goals

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

Цитировать

Strategic effects of corporate venture capital investments. / Anokhin, Sergey; Wincent, Joakim; Oghazi, Pejvak.

В: Journal of Business Venturing Insights, Том 5, 01.06.2016, стр. 63-69.

Результат исследований: Материалы для журналаСтатья

Anokhin, Sergey ; Wincent, Joakim ; Oghazi, Pejvak. / Strategic effects of corporate venture capital investments. В: Journal of Business Venturing Insights. 2016 ; Том 5. стр. 63-69.
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