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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Explorative and exploitative learning from corporate venture capital: model of program level factors
Organization Unit
Authors
  • Thomas Keil
  • Shaker A Zahra
  • Markku Maula
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Academy of Management. Proceedings
Publisher Academy of Management
Geographical Reach international
ISSN 2151-6561
Volume 1
Page Range online
Date 2004
Abstract Text The article discusses a study that investigates the conditions under which corporate venture capital (CVC) investments promote the exploitive and explorative organizational learning of incumbents. The article argues that a program of CVC investments allows incumbents to learn different things than they would otherwise from studying single CVC transactions. The article hypothesizes that there is an inverted U-shaped relationship between the volume of the incumbent's CVC investments and exploitative and explorative organizational learning. The article also discusses core business relatedness, the autonomy of the CVC unit, and the absorptive capacity of the incumbent.
Free access at DOI
Digital Object Identifier 10.5465/AMBPP.2004.13862999
Other Identification Number merlin-id:8170
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