International Studies in Entrepreneurship

Corporate Entrepreneurship and Venturing

Editors: Elfring, Tom (Ed.)

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About this book

The common theme in Corporate Entrepreneurship and Venturing is how and why corporate entrepreneurship and corporate venturing can contribute to innovation and strategic renewal in large established companies. In particular it explores ways to balance exploitation and exploration in established companies. The issue is how the locus of entrepreneurship affects the way corporate entrepreneurship addresses the exploitation/exploration challenge. One stream of research focuses on the entrepreneurial culture in large companies and how they can create an environment in which intrapreneurs (entrepreneurs within large companies) can blossom. In this view entrepreneurial initiatives can emerge throughout the organization and this type of entrepreneurship has been labelled as ‘dispersed corporate entrepreneurship’. Two related chapters fit into that stream of research. The other three chapters address the challenge of corporate venture capital programs. These programs have funds to invest in start-ups (external ventures) and the corporate parent want to benefit from the technology, new products or new competences developed in these start-ups. In this case they have separated the locus of entrepreneurship from the main line of business operations, which has been labelled ‘focused corporate entrepreneurship’. In this ‘focused corporate entrepreneurship’ stream the issue is not so much the motivational factors and supportive culture to entrepreneurial initiatives, but the creation and development of linkage mechanisms between the start-ups and the parent company in order to create new combinations based on competences from both the start-up and the parent company. Although the challenges in these two streams of literature are different, they both address the strategic issue of balancing exploitation and exploration.

 

Tom Elfring

Tom Elfring is full Professor in Strategic Management and Entrepreneurship at the Social Sciences Faculty of the Vrije Universiteit Amsterdam. Previously he had a part-time chair in ‘Innovative Entrepreneurship’ at Wageningen University and was visiting Professor at the Copenhagen Business School. He has studied in the United States and Italy. He has written 7 books and more than 25 articles in Journals such as, Long Range Planning, Technology Analysis and Strategic Management, International Journal on Management and Organization, Scandinavian Journal of Management and Small Business Economics.

Table of contents (6 chapters)

Table of contents (6 chapters)
  • Dispersed and Focused Corporate Entrepreneurship: Ways to Balance Exploitation and Exploration

    Pages 1-21

    Elfring, Tom

  • Corporate Entrepreneurship Through Radical Innovation: Key Organization and Initiative Level Mechanisms

    Pages 23-48

    Kelley, Donna (et al.)

  • Entrepreneurial Behavior in a Large Traditional Firm: Exploring Key Drivers

    Pages 49-72

    Mair, Johanna

  • Corporate Venture Capital: Realizing Resource Combinations and Transfers

    Pages 73-100

    Henderson, James (et al.)

  • Corporate Venture Capitalists and Independent Venture Capitalists: What do They Know, Who do They Know, and Should Entrepreneurs Care?

    Pages 101-126

    Maula, Markku (et al.)

Buy this book

eBook $139.00
price for USA in USD
  • ISBN 978-0-387-24850-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • Immediate eBook download after purchase and usable on all devices
  • Bulk discounts available
Hardcover $179.99
price for USA in USD
Softcover $179.99
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
Corporate Entrepreneurship and Venturing
Editors
  • Tom Elfring
Series Title
International Studies in Entrepreneurship
Series Volume
10
Copyright
2005
Publisher
Springer US
Copyright Holder
Springer-Verlag US
eBook ISBN
978-0-387-24850-9
DOI
10.1007/b106351
Hardcover ISBN
978-0-387-24938-4
Softcover ISBN
978-1-4419-3761-2
Series ISSN
1572-1922
Edition Number
1
Number of Pages
X, 158
Topics