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Author:Keil, T. (et al.)
Title:The effect of governance modes and relatedness of external business development activities on innovative performance
Journal:Strategic Management Journal
2008 : AUG, VOL. 29:8, p. 895-907
Index terms:corporate governance
venture capital
capital investment
innovation
communication
information technology
Language:eng
Abstract:It is examined how a firm's innovative performance (henceforth as: inn-perf.) is affected by different governance modes for external business development activities and venture relatedness. Based on analyses of a panel of the largest firms in four information and communication technology sectors, it is found that degree of relatedness for corporate venture capital investments, joint ventures, alliances, and acquisitions influences their impact on inn-perf.
SCIMA record nr: 267874
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