Exploring the antecedents of social liabilities in CVC triads—A dynamic social network perspective

A world of difference? The impact of corporate venture capitalists’ investment motivation on startup valuation

“…From a strategic point of view, CVC investments, in contrast to IVC investments, are typically marked by dual reciprocity and thus represent a triad between CVC unit, startup, and the CVC's parent company (Chesbrough 2002;Weber and Weber 2011). The literature distinguishes between the absorptive capacity entailed by the use of CVC as well as CVCs' value-added services supplied to startups (e.g., Dushnitsky and Lenox 2005a, b;Ivanov and Xie 2010;Maula et al 2005;Zu Knyphausen-Aufseß 2005).…”

Organizational Choices and Venturing Modes: An Analysis of Corporate Venture Capital Activities in Legacy Media

“…Through investing in entrepreneurial ventures, corporations have the opportunity to gain insights into the latest technologies and emerging markets (McNally, 1997). At the same time, their CVC activities help reduce risk, build social capital, and engage them with new networks across the industry, from which they would otherwise have been excluded (Weber & Weber, 2011). As our study has shown, many of the large legacy media companies are already well-organized to handle such challenges and opportunities.…”

“…With new ventures constantly generating "rapid cycles of innovation, experimentation, and distribution" (Engel, 2011, p. 36), established corporations are facing the challenge of maintaining a competitive advantage. To do so, legacy media corporations have to foster their innovative potential by strategically opening their innovation processes (Battistini, Hacklin,included (e.g., Weber & Weber, 2011), they have not been researched very much as a separate field of research. However, being confronted with growing inter-media as well as intra-media competition, the media industry is experiencing more challenges than almost any other sector (Hass, 2011) and needs to adapt to structural transformations more quickly than is often possible with traditional innovation strategies (Baumann, 2013).…”

“…By investing in such entrepreneurial ventures, corporations, firstly, are provided the opportunity to gain insights into the latest technologies and emerging markets (Maula, 2007). Secondly, their CVC activities help build social capital and engage them with new networks across the industry, from which they would otherwise have been excluded (Weber & Weber, 2011). Thus, engaging within new networks may prove particularly helpful for companies to both reduce uncertainty and accelerate advantages for research and development (Lee, 2007).…”

The changing role of guanxi in influencing the development of entrepreneurial companies: a case study of the emergence of pharmaceutical companies in China

“…If we want to chart the evolution in the guanxi of entrepreneurial companies, we must study it from the point of dynamic simulation Weber and Weber 2011). This paper uses the system dynamics modeling software designed by Vensim™ to build a model for doing so.…”