Header

UZH-Logo

Maintenance Infos

Explorative and exploitative learning from external corporate ventures


Keil, Thomas; Schildt, Henri A; Maula, Markku (2005). Explorative and exploitative learning from external corporate ventures. Entrepreneurship Theory and Practice, 29(4):493-515.

Abstract

This study examines the antecedents of explorative and exploitative learning of technological knowledge from external corporate ventures. We compare different forms of external corporate venturing, namely corporate venture capital investments, alliances, joint ventures, and acquisitions, as alternative avenues for interorganizational learning. Furthermore, we test the effects of multiple relational characteristics on the type of learning outcomes. Our empirical analysis is based on citations in patents filed by a sample of 110 largest U.S. public information and communications technology companies during the years 1992–2000. We find that corporate venturing mode and technological relatedness have significant effects on the likelihood of explorative learning.

Abstract

This study examines the antecedents of explorative and exploitative learning of technological knowledge from external corporate ventures. We compare different forms of external corporate venturing, namely corporate venture capital investments, alliances, joint ventures, and acquisitions, as alternative avenues for interorganizational learning. Furthermore, we test the effects of multiple relational characteristics on the type of learning outcomes. Our empirical analysis is based on citations in patents filed by a sample of 110 largest U.S. public information and communications technology companies during the years 1992–2000. We find that corporate venturing mode and technological relatedness have significant effects on the likelihood of explorative learning.

Statistics

Citations

118 citations in Web of Science®
151 citations in Scopus®
Google Scholar™

Altmetrics

Downloads

0 downloads since deposited on 13 Jun 2013
0 downloads since 12 months

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:2005
Deposited On:13 Jun 2013 11:31
Last Modified:05 Apr 2016 16:48
Publisher:Wiley-Blackwell
ISSN:1042-2587
Publisher DOI:https://doi.org/10.1111/j.1540-6520.2005.00095.x
Other Identification Number:merlin-id:8144

Download

Preview Icon on Download
Filetype: PDF - Registered users only
Size: 119kB
View at publisher

TrendTerms

TrendTerms displays relevant terms of the abstract of this publication and related documents on a map. The terms and their relations were extracted from ZORA using word statistics. Their timelines are taken from ZORA as well. The bubble size of a term is proportional to the number of documents where the term occurs. Red, orange, yellow and green colors are used for terms that occur in the current document; red indicates high interlinkedness of a term with other terms, orange, yellow and green decreasing interlinkedness. Blue is used for terms that have a relation with the terms in this document, but occur in other documents.
You can navigate and zoom the map. Mouse-hovering a term displays its timeline, clicking it yields the associated documents.

Author Collaborations