IDEAS home Printed from https://ideas.repec.org/a/rai/jcsman/jcsman-2019-05.html
   My bibliography  Save this article

Digital Transformation of Large Corporates: Corporate Venture Capitaland Startup Collaborations of German DAX 30 Corporates

Author

Listed:
  • Hackober, Christian
  • Bock, Carolin
  • Malki, Mattias

Abstract

Incumbents’ and in particular large corporates’ business models are challenged by disruptive developments mainly caused by the ongoing digitalization of products and processes. Existing resources and capabilities of incumbents are often less adaptable to this development. Hence, incumbents focus increasingly on collaboration and acquisition strategies in order to close existing knowledge gaps by accessing external knowledge. Based on our analysis of the German DAX 30 corporates, we find that these activities have grown remarkably during the last years and provide clear evidence that the ongoing digitalization is the main driver for this effect. Further, we link these activities to the theory of dynamic capabilities and demonstrate that sufficient incumbent-internal levels of dynamic capabilities are essential for following the strategy of accessing external knowledge.

Suggested Citation

  • Hackober, Christian & Bock, Carolin & Malki, Mattias, 2019. "Digital Transformation of Large Corporates: Corporate Venture Capitaland Startup Collaborations of German DAX 30 Corporates," Journal of Competences, Strategy & Management, Rainer Hampp Verlag, vol. 10, pages 79-106.
    • Handle: RePEc:rai:jcsman:jcsman-2019-05
    as

    Download full text from publisher

    File URL: https://www.buchhandel.de/buch/9783957103390
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Corporate venture capital; digitalization of business models; dynamic capabilities; startup; R&D collaboration; organizational transformation; hackathons;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    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:rai:jcsman:jcsman-2019-05. 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: Rainer Hampp (email available below). General contact details of provider: http://www.hampp-verlag.de/ .

    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.