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Aspirations, innovation, and corporate venture capital: A behavioral perspective

Gaba, Vibha - ; Bhattacharya, Santanu - ;

This study takes an organizational decision-making perspective to examine when firms are likely to utilize CVC units as a mechanism for externalizing R&D. We draw insights from the behavioral theory of the firm to argue that managerial aspirations for innovation-related goals are an important driver of CVC initiatives within firms. We test our argument by examining both the adoption and termination of CVC units for a sample of information technology firms from 1992 to 2003. Results show that a firm is more likely to adopt and less likely to terminate a CVC unit when its innovation performance is closest to its social aspirations. Copyright © 2012 Strategic Management Society.


Ketersediaan

Call NumberLocationAvailable
SEJ0602PSB lt.dasar - Pascasarjana1
PenerbitMalden Massachusetts: John Wiley & Sons Inc 2012
EdisiVol. 6 No. 2, June 2012
SubjekInnovation performance
Performance feedback
Corporate Venture Capital
termination
external R&D
ISBN/ISSN1932-4391
KlasifikasiNONE
Deskripsi Fisik21 p.
Info Detail SpesifikStrategic Entrepreneurship Journal
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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