کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1019432 | 940656 | 2011 | 15 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Configuring a corporate venturing portfolio to create growth value: Within-portfolio diversity and strategic linkage Configuring a corporate venturing portfolio to create growth value: Within-portfolio diversity and strategic linkage](/preview/png/1019432.png)
This study attempted an empirical investigation of whether and how a corporate investor can enhance future growth opportunities through corporate venturing investments (CVIs). Different from previous studies, we assessed the firm-level performance impact of a CVI portfolio with a focus on two configuration features: within-portfolio diversity and strategic linkage. Based on a longitudinal dataset of CVIs made by Taiwanese technology-based companies, we found that increasing CVI portfolio diversity and maintaining strategic linkages, particularly vertical ones, between the portfolio companies and the investing firm's core business will add value to the investing firm's future growth. Implications for CVI strategy and opportunities for future research are also discussed.
Journal: Journal of Business Venturing - Volume 26, Issue 4, July 2011, Pages 489–503