Complementarity between Corporate Venture Capital and Research & Development: Impact in Value Creation

Details

Serval ID
serval:BIB_9F3F66EA0F73
Type
Inproceedings: an article in a conference proceedings.
Collection
Publications
Institution
Title
Complementarity between Corporate Venture Capital and Research & Development: Impact in Value Creation
Title of the conference
32nd Strategic Management Society Annual Conference
Author(s)
Cardenas F., Davila A., Oyon  D.
Address
Prague, Czech Republic
Publication state
Published
Issued date
2012
Peer-reviewed
Oui
Language
english
Abstract
R&D and CVC are important to firms for growth and value creation. R&D and CVC are also attractive to shareholders that anticipate a positive profitable effect. Interestingly, the interaction between CVC and R&D has generated much debate. Some researchers see them as substitutes while others consider them complementary. Our current research state presents evidence that CVC investment, R&D expenditure, and the CVC X R&D interaction are associated with the creation of firm value. In this research proposal we take a qualitative and quantitative approach to disentangle the interaction between CVC and R&D.
Create date
08/09/2016 15:13
Last modification date
21/08/2019 5:14
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