We provide new rationales for corporate venturing (CV), based on competition for talented managers. As returns to venturing increase, firms engage in CV for reasons other than capturing these returns. First, higher venturing returns increase managerial compensation, to which firms respond by...

We consider the motives for a firm to engage in corporate venturing. We argue that in case of failure of a new venture, corporate venture capitalists (CVC) have a strategic advantage relative to traditional venture capitalists (VC) in creating rents after rehiring or refinancing the...

Francophone organizational scholarship has been neglected by Anglophone researchers. The development of the Francophone field can be understood in terms of both epoch and episteme. Three epochs are discernible - foundations, architecture, and building/rebuilding. There are also two epistemes....

This paper presents the application of an approach designed to evaluate non-financial performance in companies. Within a defined perimeter, the approach called EPISSURE produces an ‘evaluation of non-financial performance with a hierarchical set of synthesis indicators co-constructed during a...

Faced with the technological changes and with the rise of international competition, the competitiveness of firms is based more and more on innovation. In this context, the new innovating firms are regarded as source of competitive dynamism. However, these firms encounter difficulties to finance...

The "new economic geography" that first appeared in the 1990s suggests that local endogenous potential can foster economic development. Policy-makers are advised to create a positive business climate by using new growth factors such as knowledge, confidence and cooperation networks combined with...