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The Palgrave Encyclopedia of Strategic Management pp 1–6Cite as

Palgrave Macmillan

Corporate Venturing

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Abstract

Firms’ survival and growth critically depend on their ability to innovate. In addition to internal R&D, firms are increasingly pursuing (open) innovation through engagement with external partners. Corporate venturing emerges as an integral part of this strategy as firms harness innovative entrepreneurial ventures. Due to the unique nature of the phenomenon, the corporate venturing literature is informed by, and contributes to, the fields of entrepreneurship, finance and strategy. We provide a definition of corporate venturing and brief examination of its benefits, uses and implications to scholarly work.

This entry was originally published on Palgrave Connect under ISBN 978-1-137-49190-9. The content has not been changed.

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Author information

Authors and Affiliations

  1. London Business School, Regents Park, NW1 4SA, London, UK

    Gary Dushnitsky

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  1. Gary Dushnitsky
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Correspondence to Gary Dushnitsky .

Editor information

Editors and Affiliations

  1. Stanford University , Stanford, California, USA

    Mie Augier

  2. Tusher Ctr Intellectual Capital, University of California Tusher Ctr Intellectual Capital, Berkeley, California, USA

    David J. Teece

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Dushnitsky, G. (2016). Corporate Venturing. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_668-1

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  • DOI: https://doi.org/10.1057/978-1-349-94848-2_668-1

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-94848-2

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