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Configurations for corporate venture innovation: Investigating the role of the dominant coalition
Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Entrepreneurship & Family Firm Institute (EFFI), EBS Universität für Wirtschaft und Recht, Oestrich-Winkel, Germany.ORCID iD: 0000-0003-4766-8094
Institute of Family Business and Mittelstand, WHU – Otto Beisheim School of Management, Vallendar, Germany.
Institute of Family Business and Mittelstand, WHU – Otto Beisheim School of Management, Vallendar, Germany.
2021 (English)In: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 36, no 5, article id 106137Article in journal (Refereed) Published
Abstract [en]

Organizations often create new businesses, so-called corporate ventures (CVs), with the purpose of fostering innovation. However, not all venture initiatives turn out to be innovative. Prior research in particular refers to the ambivalent role of the parent firm's dominant coalition in fostering or hindering innovation in CVs. Using a configurational (fsQCA) approach, we investigate the interplay of five key conditions at the parent firm, the parent firm-venture intersection, and venture levels that potentially drive CV innovation. Building on 62 interviews from 43 corporate ventures, we identify four equifinal configurations and outline four roles that the dominant coalition plays in creating CV innovation. This study contributes to the understanding of which CV configurations drive innovation, extends the role of the dominant coalition in corporate venturing, and shows how dominant coalition involvement can replace autonomy as a driver of innovation.

Place, publisher, year, edition, pages
Elsevier, 2021. Vol. 36, no 5, article id 106137
Keywords [en]
Corporate venturing, Dominant coalition, Fuzzy-set qualitative comparative analysis, Innovation, Venture autonomy
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-54099DOI: 10.1016/j.jbusvent.2021.106137ISI: 000692548500011Scopus ID: 2-s2.0-85108790220Local ID: HOA;intsam;54099OAI: oai:DiVA.org:hj-54099DiVA, id: diva2:1580736
Available from: 2021-07-15 Created: 2021-07-15 Last updated: 2021-09-16Bibliographically approved

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Waldkirch, Matthias

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