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Contribution Details

Type Book Chapter
Scope Discipline-based scholarship
Title Corporate venturing modes and their impact on learning from venturing
Organization Unit
Authors
  • Thomas Keil
  • Markku Maula
  • Henri Schildt
Editors
  • W D Bygrave
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Booktitle Proceedings of the 23rd annual Babson Kauffmann entrepreneurship research conference
Place of Publication Wellesley, MA
Publisher Babson College
Page Range 471 - 485
Date 2003
Abstract Text Learning and increased innovation are often mentioned as some of the key benefits from corporate venturing for corporations. However, little research exists that would analyze whether there are systematic differences in learning outcomes across different governance modes. In this paper, we systematically analyze how the governance choice between different external corporate venturing modes (i.e. corporate venture capital investments, alliances, joint ventures and acquisitions) influences the learning outcomes from corporate venturing. Based on learning theory, we develop hypotheses predicting how the characteristics of these governance modes affect learning outcomes in the corporation.
Other Identification Number merlin-id:8183
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