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Doctoral Thesis
2018

The phenomenon of corporate venture capital from an entrepreneurial finance perspective

Abstract (English)

The dissertation sheds light on several aspects of the corporate venture capital (CVC) phenomenon, and thereby contributes to the ongoing development of the research field as such. In addition to a structural literature review (Chapter 2), two studies (Chapter 3 and Chapter 4) with a special focus on the motivational drivers within the CVC dyad and two further studies (Chapter 5 and Chapter 6) were conducted. First, the investment motivation is observed at the CVC level—investigating how CVC units interpret their mission as delegated by the corporate mother. And thereby going beyond the well-established “either-or approach” of previously-published articles by focusing on the continuum between the financial and strategic investment motivation of CVC units (Chapter 3). Second, the study presented in Chapter 4 applies the framework of exploration and exploitation to scrutinize the interplay of corporate venture capital investments and subsequent startup acquisitions. The final two articles then address the application of new approaches in the context of CVC research. On the one hand in stimulating the use of isomorphic tendencies in the CVC context, and on the other hand in developing a data-cleaning procedure to enable future scholars to achieve academic rigor by identifying CVC units among the data records of information providers.

Abstract (German)

Diese Dissertation widmet sich in fünf Studien der Beantwortung von Forschungsfragen rund um den Corporate Venture Capital Themenkomplex.

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Notes

Publication license

Publication series

Published in

Faculty
Faculty of Business, Economics and Social Sciences
Institute
Institute of Marketing & Management

Examination date

2018-12-02

Edition / version

Citation

DOI

ISSN

ISBN

Language
English

Publisher

Publisher place

Classification (DDC)
330 Economics

Original object

Sustainable Development Goals

BibTeX

@phdthesis{Röhm2018, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6345}, author = {Röhm, Patrick}, title = {The phenomenon of corporate venture capital from an entrepreneurial finance perspective}, year = {2018}, school = {Universität Hohenheim}, }
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