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2020 | nr 1(99) | 3--21
Tytuł artykułu

Corporate Venturing : a New Way of Creating a Company's Future

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose - More and more companies are embarking on an experimental journey into an unpredictable future - a future that is characterised by uncertainty and new challenges. Corporate venturing enables established companies, so-called incumbents, to deal with new markets and business models in a highly flexible and innovative way, besides their existing business and well known, successful business models. A new innovator's dilemma has emerged: not only established companies are required to be increasingly creative and to question existing thought patterns, but it is similar for start ups and new businesses. Research method - After conceptualising the paper and conducting literature bibliometry by VOSviewer, the research gap was identified. It is based on the three presented approaches: Causation, Effectuation and Bricolage as transformative approaches for strategic decision-making. Using a qualitative research by conducting 30 in-depth interviews, a transcription and a MaxQDA analysis, 5 identified corporate venturing tools were shown. Originality / value - The paper introduces a new approach of management which rapidly gains importance and which is crucial for companies in upcoming times to compete with flexible and disruptive start-up based business models. (original abstract)
Rocznik
Numer
Strony
3--21
Opis fizyczny
Twórcy
  • Science-to-Business Marketing Research Centre, Germany
  • Science-to-Business Marketing Research Centre, Germany; Münster & VU Vrije Universiteit Amsterdam, The Netherlands
  • Science-to-Business Marketing Research Centre, Germany
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Bibliografia
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