Steady beats Big: Incentivizing Internal Corporate Venture Contributions to Parent Organizations
Type
conference paper
Date Issued
2017
Author(s)
Research Team
https://www.alexandria.unisg.ch/persons/9249
Abstract (De)
This research investigates the effects of financial and non-financial incentives offered to the managers of internal corporate ventures (ICVs) for contributing to overall parent company sales. Using agency theory in corporate venturing as a theoretical lens, we follow scholarship which suggests that companies actively manage entrepreneurial and risk-taking behavior through incentives and ownership shares. Our theorizing and an econometric tobit model on 244 hand- collected Spanish ICVs clarifies the relationship between financial and non-financial incentives as eliciting different types of motivation, different styles of collaboration, and overall different outcome realization mechanisms in ICVs.
Language
English
HSG Classification
contribution to scientific community
Publisher
Academy of Management
Publisher place
Academy of Management Proceedings
Volume
2017
Subject(s)
Division(s)
Eprints ID
263486