Internal Corporate Venturing as Vehicle for Organizational Transformation: Different Perspectives on How Incumbent Firms Adopt Entrepreneurial Practices
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Author
Date
2020Type
- Doctoral Thesis
ETH Bibliography
yes
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Abstract
Today’s business environment is increasingly characterized by rapid changes. For
large companies this implies the need for continuous adaption to the changing conditions
to remain competitive. Inspired by the startup ecosystem in the Silicon Valley,
a growing number of incumbents have begun to adopt entrepreneurial strategies to
facilitate their viability. One element of an organization’s entrepreneurial strategy
is the creation of internal ventures, a phenomenon that has increased in importance
over the past decades. Despite all effort and money that large corporations put
into such corporate venturing initiatives, research has consistently reported low success
rates of corporations trying to turn corporate ventures into valid business. In
particular the successful absorption and scale of venture projects remains a central
challenge. Although the difficulties are extensively discussed in academic research,
there are still few concrete approaches to solve this far-reaching problem. Moreover,
literature on corporate venturing so far remains largely undertheorized. In
this dissertation, I set out to explore the challenges of internal corporate venturing
and provide different perspectives on how incumbent firms adopt entrepreneurial
practices to drive the organizational transformation. Show more
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https://doi.org/10.3929/ethz-b-000487269Publication status
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Contributors
Examiner: Clarysse, Bart
Examiner: Furr, Nathan
Examiner: Thiel, Jana
Examiner: Adams, Volker
Publisher
ETH ZurichSubject
corporate venturingOrganisational unit
09500 - Clarysse, Bart / Clarysse, Bart
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ETH Bibliography
yes
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