Enhancing selective capacity through venture bases
Year: 2003
Type: article
Abstract: Corporate venturing managers have the rule of thumb that only approximately one out of\nten investments really pay of in financial measures. These low odds for success, of course,\nput extremely high expectations to the profit yielded from the few investments that become\nsuccessful. In other words, the few successful investments carry the costs of many more\ninvestment decisions. It would obviously be attractive to improve the ability to "pick the\nwinners". In this paper, we develop a conceptual framework for understanding how firms`\ninvolvement in establishing and nurturing the venture base (the idea creation phase)\nenhances their ability to select ventures.\nKeywords: Corporate venturing, venture base, selection, network.
Authors: Christian Vintergaard, Kenneth Husted
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2970887941