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Strategy-structure configurations in corporate venture units: impact on performance and survival

Hill, Susan A. and Birkinshaw, Julian (2008) Strategy-structure configurations in corporate venture units: impact on performance and survival. Journal of Business Venturing, 23 (4). pp. 423-444. ISSN 0883-9026

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Identification Number: 10.1016/j.jbusvent.2007.04.001

Abstract

We develop a typology of corporate venture units, based on their strategic role in the corporation, and specifically on (a) their relative emphasis on exploration versus exploitation and (b) the internal versus external locus of opportunity they pursue. Following configurations logic, we argue that the structures and systems used by venture units will be a function of their strategic role, and that their performance will be higher when internal elements are aligned. We also argue that exploitation-oriented units will survive for longer than exploration-oriented units. Using primary data collected on 95 venture units during 2001-2003, we use configurational analyses to test and find support for our hypotheses.

Item Type: Article
Official URL: http://www.elsevier.com/locate/jbusvent
Additional Information: © 2007 Elsevier Inc.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HB Economic Theory
Sets: Research centres and groups > Employment Relations and Organisational Behaviour Group
Departments > Management
Collections > Economists Online
Date Deposited: 02 Feb 2010 15:18
Last Modified: 06 Jun 2012 17:04
URI: http://eprints.lse.ac.uk/id/eprint/26923

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