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Knowledge creation through external venturing: evidence from the telecommunications equipment manufacturing industry

Wadhwa, Anu - ; Kotha, Suresh - ;

Investment in entrepreneurial ventures has gained recent popularity as a means for established firms to learn about new technologies and markets. However, the link between such corporate venture capital (CVC) investments and innovation outcomes has not been examined in detail. Using panel data from corporate investors in telecommunications equipment manufacturing, we investigated the conditions under which CVC investments affect knowledge creation for corporate investors. We found that, when investor involvement is low, number of CVC investments has an inverted U-shaped relationship with innovation performance. however, when investor involvement is high, the relationship reverses, and an increase in investments boosts innovation..Printed Journal


Ketersediaan

Call NumberLocationAvailable
AMJ4904PSB lt.dasar - Pascasarjana1
PenerbitNew York: Academy of Management 2006
EdisiVol. 49 No. 4 Aug 2006
SubjekOrganizational behavior
Venture capital
Knowledge
Joint ventures
International
Manufacturers
Communications equipment
ISBN/ISSN14273
KlasifikasiNONE
Deskripsi Fisikpp. 819-835
Info Detail SpesifikAcademy of Management Journal
Other Version/RelatedTidak tersedia versi lain
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