The Early Stage of Internal Corporate Venturing: Entrepreneurial Activities in a Large Manufacturing Company

Abstract

What types of activities are conducted in the early stage of internal corporate venturing in a large manufacturing company? To study these activities, we first performed a literature review that led to a conceptual construct of six activity categories and five process stages. Then, we analysed five projects in our case company. Multiple sources produced an extensive body of data. Our subsequent data analysis resulted in a comprehensive categorization of the key activities and multiple insights concerning their impact on the entrepreneurial mindset and innovation culture of the studied company.