Sahaym, Arvin; Steensma, H. Kevin; Barden, Jeffrey Q. - In: Journal of Business Venturing 25 (2010) 4, pp. 376-388
We consider how internal research and development (R&D) influences the use of corporate venture capital (CVC) and how this relationship varies across industries. We find that, in general, R&D investments increase the number of CVC deals in an industry. We also find that R&D investment has a...