The importance of intellectual property (IP) rights for commercializing innovation is well established. Moreover … innovation alone, it is not clear how obtaining IP rights will impact the choice between licensing product rights and continuing … the primary patent covering an innovation and whether the innovating firm's licenses its innovation or raises external …

innovation, growth, and strategic renewal opportunities for established firms. However, despite the popularity of CVC units, the … theory of the firm to argue that innovation performance relative to aspirations is a crucial driver of its decision to pursue … likely to terminate a CVC unit when its innovation performance is closets to its aspiration levels. Furthermore, innovation …

in harvesting innovations from entrepreneurial ventures and thus an important part of a firm's overall innovation …