Zusammenfassung
Viele Unternehmen haben in den letzten Jahren Corporate Venture Capital-Aktivitäten aufgebaut — nicht zum ersten Mal: Auch in den 1980er Jahren gab es schon einmal eine Welle solcher Aktivitäten, die mit der Krise der Venture Capital-Industrie Ende der 1980er Jahre wieder abflachte (McNally 1997). Auch gegenwärtig kann man prognostizieren, dass viele der nunmehr aufgebauten Einheiten wohl bald wieder abgebaut werden (Gompers/Lerner 1999). Schon jetzt gibt es Indikatoren für eine Konsolidierung des Marktes (Venture Economics 2001). So hat Oracle im August 2001 die Pläne gestoppt, in CVC-Aktivitäten in Europa zu investieren, und Siemens hat im September 2001 eine einschneidende Reorganisation seiner bis dato weit im Unternehmen verzweigten CVC-Aktivitäten bekanntgegeben.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Literaturverzeichnis
Arora, A./Fosfuri, A./Gambardella, A. (2001): Markets for Technology and their Implications for Corporate Strategy, in: Industrial and Corporate Change, 10, S. 419–451.
Alvarez, S./Barney, J. (2001): How Entrepreneurial Firms Can Benefit from Alliances with Large Partners, in: Academy of Management Executive, 15, S. 139–148.
Chesbrough, H. (2000): Designing Corporate Ventures in the Shadow of Private Venture Capital, in: California Management Review, 42 No. 3, S. 31–49.
Cohen, W./Levinthal, D. (1990): Absorptive Capacity: A New Perspective on Learning and Innovation, in: Administrative Science Quarterly, 35, S. 128–152.
Ernst & Young (2001): Corporate Venture Capital Report, abrufbar unter www.ey. com/global/vault.nsf/Israel/cvc_Report/$file/CVC%20Report.pdf.
Fast, N. (1978): The Rise and Fall of Corporate New Venture Divisions, UMI Research Press, Ann Arbor 1978.
Ghoshal, S./Bartlett, C. A. (1997): The Individualized Corporation. A Fundamentally New Approach to Management, New York 1997.
Gompers, P./Lerner, J. (1999): The Venture Capital Cycle, MIT Press, Cambridge, MA & London 1999, (Ch. 5).
Hamel, G. (1999): Bringing Silicon Valley Inside, in: Harvard Business Review, Sept./ Oct. 1999, S. 71–84.
Hill, C. (1994): Diversification and Economic Performance: Bringing Structure and Corporate Management Back Into the Picture, in: Rumelt, R./Schendel, D./ Teece, D. (eds.): Fundamental Issues in Strategic Management. A Research Agenda, Harvard Business School Press, Boston 1994, S. 297–321.
Hitt, M./Ireland, R. D./Camp, S. M./Sexton, D. (2001): Guest Editor’s Introduction to the Special Issue, in: Strategic Management Journal, Special Issue on Strategic Entrepreneurship: Entrepreneurial Strategies for Wealth Creation, 22, S. 479–491.
Kann, A. (2001): Strategic Venture Capital Investing by Corporations: A Framework for Structuring and Valuing Corporate Venture Capital Programs, Dissertation, Stanford University 2001.
Kelley, D./Spinelli, S. (2001): The Role of Corporate Investor Relationships in the Formation of Alliances of Corporate Venture Capital Funded Start-ups, Paper presented at the Babson-Kauffman Foundation Entrepreneurship Research Conference.
Lee, C./Lee, K./Pennings, J. (2001): Internal Capabilities, External Networks, and Performance: A Study on Technology-based Ventures, in: Strategic Management Journal, Special Issue on Strategic Entrepreneurship: Entrepreneurial Strategies for Wealth Creation, 22, S. 615–640.
Leifer, R./Colarelli O’Connor, G./Rice, M. (2001): Implementing Radical Innovation in Mature Firms: The Role of Hubs. In: Academy of Management Executive, 15, S. 102–113.
Lumpkin, G./Dess, G. (1996): Clarifying the Entrepreneurial Orientation Construct and Linking it to Performance, in: Academy of Management Review, 21, S. 135–173.
Maula, M./Murray, G. (2000): Corporate venture capital and the creation of U.S. public companies: The impact of sources of venture capital on the performance of portfolio companies, in: Hitt, M./Amit, R./Lucier, C./Shelton, B. (eds.): Strategy in the Entrepreneurial Millennium, Chichester 2000.
Martinelli, A. (1994): Entrepreneurship and Management, in: Smelser, N./Swedberg, R. (eds.): The Handbook of Economic Sociology, Princeton University Press, Princeton, NJ 1994, S. 476–502.
McGraph, R./MacMillan, I. (2000): The Entrepreneurial Mindset, Harvard Business School Press, Boston 2000.
McNally, K. (1997): Corporate Venture Capital: Bridging the Equity Gap in the Small Business Sector, London 1997.
Mishra, C./Gobeli D. (2000): Strategic Value of Corporate Venture Programs, in: The Journal of Private Equity, Summer 2000, S. 55–64.
Mowery, D./Rosenberg, N. (1989): Technology and the Pursuit of Economic Growth, Cambridge University Press, Cambridge 1989.
Nvca. 2001. Website, www.nvca.org.
Osterloh, M./Frey, B. (2000): Motivation, Knowledge Transfer, and Organizational Forms, in: Organization Science, 11, S. 538–550.
Polanyi, M. (1966): The Tacit Dimension, Double Day: Garden City, NY, 1966.
Rauser, I. (2003): Corporate Venture Capital: How to use the organizational core, Dissertation an der Universität Bamberg, in Vorbereitung.
Schumpeter, J. (1934): The Theory of Economic Development, Harvard University Press, Cambridge, MA 1934.
Schumpeter, J. (1947): The Creative Response in Economic History. In: Journal of Economic History, 7, S. 149–159.
Siegel, R./Siegel, E./MacMillan, I. (1988): Corporate Venture Capitalists: Autonomy, Obstacles and Performance, in: Journal of Business Venturing, 3, S. 233–247.
Szulanski, G. (2000). The Process of Knowledge Transfer: A Diachronie Analysis of Stickiness, in: Organizational Behavior and Human Decision Processes, 82, S. 9–27.
Teece, D.J. (1998): Capturing Value from Knowledge Assets: The New Economy, Markets For Know-How, and Intangible Assets, in: California Management Review, 40, No. 3 (Special Issue), S. 55–79.
Tybee, T. (2001): Strategic Investing of Corporate Venture Capital, Paper presented at the Babson-Kaufman Entrepreneurship Research Conference, Jonkoping University, Jonkoping 2001.
Venture Economics (2001): Database.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2003 Betriebswirtschaftlicher Verlag Dr. Th. Gabler GmbH, Wiesbaden
About this chapter
Cite this chapter
zu Knyphausen-Aufseß, D. (2003). Corporate Venture Capital: Who adds value?. In: Kollmann, T. (eds) E-Venture-Management. Gabler Verlag. https://doi.org/10.1007/978-3-322-90260-3_28
Download citation
DOI: https://doi.org/10.1007/978-3-322-90260-3_28
Publisher Name: Gabler Verlag
Print ISBN: 978-3-409-12328-0
Online ISBN: 978-3-322-90260-3
eBook Packages: Springer Book Archive