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Strategic use of corporate venturing


Covin, J and Miles, M, Strategic use of corporate venturing, Entrepreneurship Theory and Practice, 31, (2) pp. 183-207. ISSN 1042-2587 (2007) [Refereed Article]

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DOI: doi:10.1111/j.1540-6520.2007.00169.x


Corporate venturing (CV) is said to be most productive as a path to superior corporate performance when practiced in a strategic manner. Unfortunately, considerable ambiguity exists concerning what it means in an organizational practice sense to strategically pursue CV. The result is a failure of many companies to fully leverage CV for strategic purposes. Based on a review of the CV literature and findings from a field study of 15 Swedish, U.K., and U.S. corporations, this article describes several models that depict the ways in which CV and business strategy coexist as organizational phenomena. Empirically derived propositions are offered to suggest how some companies are strategically engaged in their CV efforts.

Item Details

Item Type:Refereed Article
Keywords:corporate venturing, corporate performance, business
Research Division:Commerce, Management, Tourism and Services
Research Group:Strategy, management and organisational behaviour
Research Field:Organisational planning and management
Objective Division:Economic Framework
Objective Group:International trade policy
Objective Field:International trade policy not elsewhere classified
UTAS Author:Miles, M (Professor Morgan Miles)
ID Code:67828
Year Published:2007
Web of Science® Times Cited:132
Deposited By:Management
Deposited On:2011-03-08
Last Modified:2013-04-04
Downloads:9 View Download Statistics

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