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When does corporate venture capital add value for new ventures?
New ventures face a trade-off when considering corporate venture capital (CVC) funding. Corporate investors can provide complementary assets that enhance the commercialization of new venture technologies. However, tight links with a particular corporate investor has drawbacks and may constrain new ventures from accessing complementary assets from diverse sources in an open market. Taking this trade-off into account, we explore conditions under which CVC funding is beneficial to new ventures. Using a sample of computer, semiconductor, and wireless ventures, we find that CVC funding is particularly beneficial for new ventures when they require specialized complementary assets or operate in uncertain environments..Printed journal
Call Number | Location | Available |
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SMJ3301 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Wiley Periodicals., |
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Edisi | - |
Subjek | Investment policy Venture capital Funding studies Tradeoff analysis |
ISBN/ISSN | 1432095 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |