Network effects between different corporate venturing modes of the New Normal: How to develop dynamic capabilities through corporate venturing.

Wirtschaftswissenschaften

Enkel, Ellen, Sagmeister, Veronika

Network effects between different corporate venturing modes of the New Normal: How to develop dynamic capabilities through corporate venturing.

Enkel, Ellen, Sagmeister, Veronika: Network effects between different corporate venturing modes of the New Normal: How to develop dynamic capabilities through corporate venturing., Journal of Management Studies, 2018 (unter Begutachtung).

Originalarbeiten in wissenschaftlichen Fachzeitschriften mit Review-Verfahren

Today, firms are faced by scarce resources and rapid technology change which render formerly successful business models obsolete. Research shows that some firms perform better than others in continuously discovering, evaluating, and exploiting opportunities in volatile environments and that this is dependent on a firm’s dynamic capabilities. Besides obtaining dynamic capabilities through internal R&D activities, firms have open up their innovation process to pursue dynamic capabilities outside their organizational boundaries through corporate venturing by accessing startups technological capabilities necessary to innovate. Corporate venturing is a means to develop new distinctive capabilities and businesses by exploring and exploiting business opportunities outside a firm’s existing boundaries. Drawing on the dynamic capability literature, we use a multiple case study approach to examine the contribution of corporate venturing to firms’ dynamic capabilities. Our results reveal, that multinational firms indeed use corporate venturing to identify and exploit startup’s technological knowledge and competencies to increase firm’s dynamic capabilities. But our empirical data also shows that not every firm is fully profiting from all dynamic capability phases as their corporate venturing modes are not liked with each other and network effects are not realized.

(im Begutachtungsverfahren)

Lehrstuhl für Innovationsmanagement (eingerichtet 06/2008)
Dr. Manfred Bischoff Institut für Innovationsmanagement der Airbus Group
Am Seemooser Horn 20
88045 Friedrichshafen

Tel: +49 7541 6009-1500
Fax: +49 7541 6009-1299
Email: sabine.marx@zu.de
http://www.zeppelin-university.de/innovation