Corporate venturing is an important avenue of growth for many large established firms, but its results remain mixed. Previous studies suggest that ventures can be best managed through a separate unit that is responsible for all phases in the venturing process. That is for incubation, validation...

How corporate ventures should be managed inside an organization is an intriguing question that has kept many researchers and practitioners occupied. The most basic idea is that raising ventures is different from mainstream activities and should therefore be organized in autonomous New Venture...

Corporate venturing activities can expand a firm's business by creating new products and entering new markets. The literature suggests that entrepreneurial management should have a positive effect on corporate venturing activities and, as a consequence of this, a positive effect on a company's...

This study proposes a model on corporate venturing (CV) investment and examines the impact of venture capital (VC) activity in the economy on CV firms’ investment. The presence of VCs creates competition for entrepreneurs. This reduces CV firms’ expected venturing returns, and thus gives...

High neonatal mortality is one of the most salient 'facts' about firm performance in the industrial organisation literature. We model firm survival and examine the relative influence of firm, industry and macroeconomic factors on survival for new vis-à-vis incumbent firms in Australia. In...

Technological innovation, although vital for sustenance of firms against fierce global competition, presents a paradox in micro-economic theory on the managerial decisions related to the financing of such innovation. In particular, budgeting decisions in R&D and innovation at the firm level do...

This essay explores potential research opportunities at the intersection of institutions, innovation, and impact. We engage with, and probe into, what we have dubbed the ‘cultural future’ by examining several examples described in the 2017 “Future Issue” of the Fortune magazine. Our...

Corporate venture capitalists (CVC) invest in entrepreneurial startups for financial and strategic goals. CVCs may use direct equity investment to stimulate innovation that is appropriable by the investing firms. At the same time, CVC is also used for strategic goals which may include blocking...

Seven “Corporate Venturing” Strategies to Foster Innovation tackles the question: What should companies do to accelerate innovation and remain relevant? Or, stated differently: What should companies do to avoid being disrupted by more agile and innovative startups? One answer is corporate...

Technological discontinuities pose serious challenges to top managers' attention. These discontinuities, which often occur at the fringes of an industry, are usually driven by innovative and, often, venture capital-backed start-ups creating new products and transforming existing industries in...