000138918 001__ 138918
000138918 005__ 20180913055324.0
000138918 037__ $$aARTICLE
000138918 245__ $$aKnowledge Creation Through External Venturing: Evidence from the Telecommunications Equipment Manufacturing Industry
000138918 260__ $$c2006
000138918 269__ $$a2006
000138918 336__ $$aJournal Articles
000138918 520__ $$aInvestment in entrepreneurial ventures has gained recent popularity as a means for established firms to learn about new technologies and markets. However, the link between such corporate venture capital (CVC) investments and innovation outcomes has not been examined in detail. Using panel data from corporate investors in telecommunications equipment manufacturing, we investigated the conditions under which CVC investments affect knowledge creation for corporate investors. We found that, when investor involvement is low, number of CVC investments has an inverted U-shaped relationship with innovation performance. However, when investor involvement is high, the relationship reverses, and an increase in investments boosts innovation.
000138918 6531_ $$aCorporate Venture Capital
000138918 6531_ $$aExploration
000138918 6531_ $$aKnowledge Creation
000138918 700__ $$0240773$$aWadhwa, A.$$g169976
000138918 700__ $$aKotha, S. B.
000138918 773__ $$j49$$q819-835$$tAcademy of Management Journal
000138918 909C0 $$0252172$$pCET$$xU11254
000138918 909CO $$ooai:infoscience.tind.io:138918$$particle
000138918 937__ $$aCET-ARTICLE-2009-005
000138918 973__ $$aEPFL$$rREVIEWED$$sPUBLISHED
000138918 980__ $$aARTICLE