Corporate venture capital : transforming CVC into an effective corporate strategic tool for seeking innovation and growth in the 21st Century
Name
749997290-MIT.pdf
Description
Full printable version
Size
5.92 MB
Format
Adobe PDF
Checksum (MD5)
027f704384e36f6c8c14177807b70f90
Author(s)
Barretto-Ko, Percival
Advisor(s)
John E. Van Maanen.
Alternative Title
Transforming CVC into an effective corporate strategic tool for seeking innovation and growth in the 21st Century
Date Issued
2011
Publisher
Massachusetts Institute of Technology
Abstract
The decline of innovation has hampered the growth of many large corporations as they seek to remain competitive in increasingly challenging conditions. To complement, and at times, replace their internal Research and Development activities, corporations have attempted to seek innovation externally, through collaborations with academia, government, and start-ups. Over the past half-century, companies seeking innovation and growth have launched Corporate Venture Capital (CVC) arms with varied success. This thesis focuses on the CVC - the challenges it faces, and the opportunities it brings to the sponsoring organization. I contend that, despite a highly cyclical and mediocre performance over the last 50 years, CVCs do create value for the corporation and can be used as a strategic tool for seeking innovation. I introduce The Four O's Framework, which illustrates my recommendation for shaping, developing, and managing CVCs. The framework addresses several issues and hurdles CVCs face today, and provides a prescription for its success as corporations seek to reinvent themselves for the future.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2011.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 74-77).
Subjects
Sloan School of Management.
MIT Department
Sloan School of Management
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