TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Bugl, Benjamin M.
A1  - Kanbach, Dominik K.
T1  - Non-financial value creation in corporate venture capital
BT  - a systematic review of empirical studies
JF  - International journal of entrepreneurial venturing
N2  - In recent decades, scholars have devoted increasing attention to equity investments in start-up companies executed by an intermediary owned and controlled by a corporation. Corporate venture capital (CVC) units provide liquidity to new venture companies and seek to achieve value creation for their corporate parents by offering a window to new technologies and for portfolio companies by leveraging their distinctive resource capabilities. This paper reviews the existing literature on CVC non-financial value creation for corporate parents and new venture portfolio firms in a systematic and replicable way. The contributions of our study are twofold. First, our thematic analysis reveals gaps in the existing knowledge, enabling scholars to investigate these research areas in more detail. Second, we provide a clear road map for CVC practitioners aiming to drive corporate innovation and scale new venture portfolio firms.
KW  - CVD
KW  - Corporate venture capital
KW  - Corporate venturing
KW  - Value creation
KW  - Value generation
Y1  - 2022
SN  - 1742-5360
SS  - 1742-5360
U6  - https://doi.org/http://dx.doi.org/10.1504/IJEV.2022.122643
DO  - https://doi.org/http://dx.doi.org/10.1504/IJEV.2022.122643
VL  - 14
IS  - 2
SP  - 230
EP  - 276
ER  -