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
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