IDEAS home Printed from https://ideas.repec.org/a/ids/ijeven/v14y2022i2p230-276.html
   My bibliography  Save this article

Non-financial value creation in corporate venture capital: a systematic review of empirical studies

Author

Listed:
  • Benjamin Bugl
  • Dominik K. Kanbach

Abstract

In recent decades, scholars have devoted increasing attention to equity investments in start-up companies executed by an intermediary owned and controlled by a corporation. Corporate venture capital (CVC) units provide liquidity to new venture companies and seek to achieve value creation for their corporate parents by offering a window to new technologies and for portfolio companies by leveraging their distinctive resource capabilities. This paper reviews the existing literature on CVC non-financial value creation for corporate parents and new venture portfolio firms in a systematic and replicable way. The contributions of our study are twofold. First, our thematic analysis reveals gaps in the existing knowledge, enabling scholars to investigate these research areas in more detail. Second, we provide a clear road map for CVC practitioners aiming to drive corporate innovation and scale new venture portfolio firms.

Suggested Citation

  • Benjamin Bugl & Dominik K. Kanbach, 2022. "Non-financial value creation in corporate venture capital: a systematic review of empirical studies," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 14(2), pages 230-276.
    • Handle: RePEc:ids:ijeven:v:14:y:2022:i:2:p:230-276
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=122643
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijeven:v:14:y:2022:i:2:p:230-276. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=123 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.