Publication:
Breaking down the decision to externalise new corporate ventures

Thumbnail Image
Files
Breaking down the decision.pdf (534.17 KB)
Date
2018-10-08
Authors
Advisor
Court
Journal Title
Journal ISSN
Volume Title
Publisher
Taylor & Francis
Defense Date
Metrics
Citation
Research Projects
Organizational Units
Journal Issue
URI
https://hdl.handle.net/20.500.14417/3623
DOI
https://doi.org/10.1080/14783363.2018.1530592
Abstract
Companies are faced with the problem of balancing autonomy and control of new corporate ventures created within the organisation. Utilising both transaction-cost and resource-based theories, we analyse what issues drive managers when making the decision of internalising or spinning off a Corporate Venturing (CV). Our results indicate that the primary drivers of such strategic decisions are near-term profitability, the risks involved and synergies with the firm. Our results indicate that rather than the potential of the venture in itself, the main driver of decisions are the potentials benefits and/or damage that CV could cause to the parent firm.
Unesco subjects
License
Attribution-NonCommercial 4.0 International
School
IE Business School
Center
Keywords
Citation
Pizarro-Moreno, M. I., De Castro, J., Galán González, J. L., & Palacios-Florencio, B. (2021). Breaking down the decision to externalise new corporate ventures. Total Quality Management & Business Excellence, 32(1-2), 76-91. https://doi.org/10.1080/14783363.2018.1530592.
Collections
Research Articles