Cordes, Andreas; Guderian, Carsten C.; Riar, Frederik J. (2021). Exploring the Practice of Evaluation in Corporate Venturing. International Journal of Innovation and Technology Management, 18(05), p. 2150026. World Scienti ̄c Publishing Company 10.1142/S0219877021500267
Full text not available from this repository.Venturing activities have become a cornerstone of corporates’ innovation strategies but remain subject to high failure rates. Failure reasons comprise especially poor evaluation qualities, resulting in sub-optimal resource allocations. In this study, we investigate the practice of evaluation in corporate venturing by analyzing primary data from twenty-one in-depth interviews with managers of internal corporate venturing (ICV) programs. We find that the evaluation elements (1) evaluation dates, (2) evaluation methodologies, and (3) evaluation bodies are not isolated – as often suggested by prior research – but interdependent by determining each other. By developing a better understanding of the specific relationships among the main evaluation elements in ICV programs, we contribute to the corporate venturing literature and provide guidance for practitioners.
Item Type: |
Journal Article (Original Article) |
|---|---|
Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Organization and Human Resource Management > Human Resource Management 03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Organization and Human Resource Management |
UniBE Contributor: |
Riar, Frederik |
Subjects: |
300 Social sciences, sociology & anthropology 300 Social sciences, sociology & anthropology > 330 Economics 600 Technology > 650 Management & public relations |
ISSN: |
1793-6950 |
Publisher: |
World Scienti ̄c Publishing Company |
Language: |
English |
Submitter: |
Frederik Johannes Riar |
Date Deposited: |
30 Mar 2022 14:09 |
Last Modified: |
05 Dec 2022 16:13 |
Publisher DOI: |
10.1142/S0219877021500267 |
URI: |
https://boris.unibe.ch/id/eprint/166950 |
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