THE IMPACT OF STRATEGY AND STRUCTURE ON THE PERFORMANCE OF CORPORATE VENTURE CAPITAL UNITS

Author:

KOHUT MAGDALENA1,AHLFÄNGER MARCEL1,LEKER JENS1

Affiliation:

1. Institute of Business Administration at the Department of Chemistry and Pharmacy, University of Münster, Leonardo Campus 1, 48149 Münster, Germany

Abstract

The range of organisational designs and their interplay with the objectives of corporate venture capital (CVC) units has yet to be fully understood. Using primary qualitative data collected from 20 CVC units, the authors show that although strategy does not always consciously drive structural design, there are clear patterns of beneficial organisational structure that support achievement of particular objectives. Furthermore, the authors discuss the implications of objectives and organic, hybrid and mechanistic structures on CVC performance, contributing both to the CVC literature and the practice of corporate venturing.

Funder

National Natural Science Foundation of China

Publisher

World Scientific Pub Co Pte Ltd

Subject

Management of Technology and Innovation,Strategy and Management,Business and International Management

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