Design principles for corporate venture transition processes in established technology firms
| Autor: | Elco van Burg, M.M.A.H. Cloodt, Immj Isabelle Reymen, SR Sjoerd de Jager |
|---|---|
| Rok vydání: | 2012 |
| Předmět: |
Social venture capital
GeneralLiterature_INTRODUCTORYANDSURVEY Process (engineering) Strategy and Management Transition (fiction) Corporate venture capital Design elements and principles General Business Management and Accounting Empirical research Extant taxon New business development Management of Technology and Innovation Business Business and International Management Marketing Industrial organization |
| Zdroj: | R&D Management. 42:455-472 |
| ISSN: | 0033-6807 |
| DOI: | 10.1111/j.1467-9310.2012.00695.x |
| Popis: | Corporate venturing has become a well-known approach toward new business development and strategic renewal for established technology firms. However, without an effectively designed process for aligning and integrating a corporate venture in the established business, the firm increases the risk of venture failure. This paper provides a process perspective on corporate venture transition. Based on the results of an empirical study of six corporate venture transition processes, we present suitable actions for each of the different phases of the venture transition process. In addition, we indicate the proper timing for venture transition, which is one of the long-standing difficulties in this area. Finally, we integrate the results of the empirical study with knowledge from extant literature in a set of design principles. These design principles provide practical guidelines to improve corporate venture transition processes. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
| Nepřihlášeným uživatelům se plný text nezobrazuje | K zobrazení výsledku je třeba se přihlásit. |