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Corporate venturing (CV) is a widely accepted mechanism for incubating and developing new business within large established firms. Substantial research has been done on this subject, yet many firms have failed in their venturing efforts and booked large losses. In contrast, venturing at firms...
Persistent link: https://www.econbiz.de/10014204689
Large firms are generally good at managing incremental innovations, yet they often lack the capabilities that are conducive to developing and deploying radical innovations (RI). Even though large firms recognise the importance of RI, most of them have failed to establish a mechanism, that is, a...
Persistent link: https://www.econbiz.de/10014205832
In this paper we focus on the different strategies used by companies during the process of development and diffusion of breakthrough technologies. We distinguish three phases in this process and show that, depending on the length of these phases, pioneers might be confronted with completely...
Persistent link: https://www.econbiz.de/10014205834
Corporate venturing is an important avenue of growth for many large established firms, but its results remain mixed. Previous studies suggest that ventures can be best managed through a separate unit that is responsible for all phases in the venturing process. That is for incubation, validation...
Persistent link: https://www.econbiz.de/10013157534
). Notwithstanding the benefits of this approach, performance of most venture units is still mediocre at best. We deviate from accepted …
Persistent link: https://www.econbiz.de/10013157537