Hill, Susan A. and Birkinshaw, Julian (2012) Ambidexterity and survival in corporate venture units. Journal of management, online . ISSN 1557-1211
Corporate venture (CV) units constitute vehicles through which firms may act ambidextrously, thereby increasing their longevity, but they suffer from a high failure rate. The authors examine why and how some CV units last significantly longer than others. They argue that CV units endure by developing an ambidextrous orientation themselves—they build new capabilities for the parent firm while simultaneously leveraging its existing strengths. They argue that CV units become ambidextrous by nurturing a supportive relational context, defined by the strength of their relationships with three different sets of actors—parent firm executives, business unit managers, and members of the venture capital community. Using primary data collected from 95 CV units over a three-year period, the authors test and find support for these arguments.
|Additional Information:||© 2012 The Authors|
|Uncontrolled Keywords:||ambidexterity, corporate venture capital, corporate venture unit, relational context, survival|
|Library of Congress subject classification:||H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management|
|Sets:||Departments > Management|
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