Session 160

Corporate Venturing and Intrapreneurship

Track K

Date: Tuesday, October 9, 2012


Time: 11:00 – 12:15


Room: Club D

Session Chair:

  • Stefano Brusoni, ETH Zurich

Title: Entrepreneurship, Capabilities, and Value Creation in Public Organizations


  • Joseph Mahoney, University of Illinois at Urbana-Champaign
  • Anita McGahan, University of Toronto
  • Christos Pitelis, Brunel University

Abstract: In this paper, we submit that public organizations are usefully analyzed as entities that create value in both the private and public sectors, and that a capabilities lens sheds important new insights on the value creation processes. In pursuit of value creation, public organizations create bundles of capabilities and may grow and diversify. These bundles in turn shape the costs and benefits of subsequent value creation. Yet the generation of new value from publicly-owned capabilities is not assured. Capabilities acquired in the public interest may ultimately enable activities that damage the public interest. We show how a capabilities approach sheds light on the nature and governance of public organization and elucidates the processes that may lead to value creation or value destruction through their deployment.

Title: Intrapreneurship and Strategic Renewal: Influences on the Mutability of Organizational Resources


  • Carla Patricia da Silva Souza, UNINTER International University Center
  • Adriana Roseli Wunsch Takahashi, Federal University of Paraná

Abstract: This study shows the influences of intrapreneurship and strategic renewal in changes in organizational resources during the process of creating a Graduate Program, which in this case is considered as an intrapreneurial initiative. The findings point out that the intrapreneurial initiative emerged from the need for research to the development needs of the daily work of professors and the analysis of the external environment. Furthermore, it was noticed that during the creation of Graduate Program process there were a number of changes in organizational resources, which were created and recreated from the needs of day-to-day work

Title: Rediscovering Corporate Venturing: Insights from a Survey


  • Boris Battistini, ETH Zurich
  • Fredrik Hacklin, ETH Zurich
  • Pius Baschera, Swiss Federal Institute of Technology Zurich

Abstract: Corporate venturing is on the rise again, which can be observed in its recently growing intensity in established firms across the globe. While corporate venturing has received considerable research attention, previous studies have often insufficiently captured the evolution of corporate venturing activities. This article presents the key insights of a global study of leading corporate venture units and offers a benchmark against which to compare or review current and future corporate venturing initiatives. Our findings suggest that corporate venturing is a strategic vehicle used to accelerate the pace of innovation, provide a window on emerging technologies and an opportunity for strategic partnerships. We discuss the state of corporate venturing activities at leading corporations, across industrial sectors, and outline the distinctive features of today’s venture landscape.

Title: Uncovering the Determinants of Initiative Survival in Corporate Venture Units: A Multistage Selection Perspective


  • Monica Masucci, University of Sussex
  • James Hayton, Rutgers University
  • Stefano Brusoni, ETH Zurich

Abstract: This study aims at extending research on internal venturing by providing a more nuanced approach to understanding selection decisions in the development of new corporate ventures. Through a longitudinal investigation of the selection and development process of 1,527 early-stage initiatives supported by the internal corporate venture unit of a leading energy company between 1996 and 2009, it examines how determinants of initiatives' survival vary according to their stage of development.

All Sessions in Track K...

Sun: 08:00 – 09:15
Session 126: Entrepreneurship & Stakeholders - The Future Research Agenda
Sun: 09:30 – 10:45
Session 127: Teaching Strategic Entrepreneurship
Sun: 11:15 – 12:30
Session 128: Poverty, Informal Firms & Strategic Entrepreneurship
Sun: 15:15 – 16:30
Session 157: Financing Entrepreneurial Ventures
Session 161: Entrepreneurial Growth
Mon: 08:00 – 09:15
Session 158: Corporate Venture Capital
Session 175: Austrian Economics & Creative Destruction
Mon: 09:30 – 10:45
Session 178: Institutional Theory & New Ventures
Session 180: Pushing the Bounds of Agency Theory
Mon: 13:30 – 14:45
Session 159: Exploration, Exploitation, and Ambidexterity
Session 169: Spinoffs, Spinouts, and Labor Mobility
Mon: 16:30 – 17:45
Session 162: New Venture Strategy & Innovation
Session 163: Cognitive Perspectives
Tue: 08:00 – 09:15
Session 164: IPOs
Session 170: Emerging Markets
Tue: 11:00 – 12:15
Session 160: Corporate Venturing and Intrapreneurship
Session 179: Social Networks within and across Firms
Tue: 14:15 – 15:30
Session 166: Institutional Aspects of Entrepreneurship
Session 167: Firm Boundaries
Tue: 15:45 – 17:00
Session 174: Social Networks & Entrepreneurship
Session 176: Value Capture & Appropriability
Tue: 17:30 – 18:45
Session 168: Uncertainty, Ambiguity, and Sense-Making
Session 173: New Venture Creation

Strategic Management Society