Corporate Entrepreneurship and Venturing
The common theme in Corporate Entrepreneurship and Venturing is how and why corporate entrepreneurship and corporate venturing can contribute to innovation and strategic renewal in large established companies. In particular it explores ways to balance exp
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INTERNATIONAL STUDIES IN ENTREPRENEURSHIP Series Editors: Zoltan J. Acs University of Baltimore Baltimore. Maryland USA
David B. Audretsch Indiana University Bloomington. Indiana USA Other books in the series: Black, G The Geography of Small Finn Innovation Tzlbke, A Success Factors of Corporate Spin-offs Corbettn, G., Hzise, M , Rmnsi, D. Crossroads of Entrepreneurship Hnnsen, T., Solganrd, H.S. New Perspectives in Retailing and Store Patronage Behavior Davidsson, P Researching Entrepreneurship Fornnhl, D., Azidretsch D , Zellner, C. The Role of Labour Mobility and Informal Networks for Knowledge Transfer Azldretsch D., Grimm, H , Wessner; C Local Heroes in the Global Village Lnndstrom, H. Pioneers in Entrepreneurship and Small Business Research Lzmdstrom, A , Stevenson, L. Entrepreneurship Policy: Theory and Practice
CORPORATE ENTREPRENEURSHIP AND VENTURING
edited bj.
Tom Elfring Vrije Universiteit Amsterdam
Library of Congress Cataloging-in-Publication Data A C.I.P.Catalogue record for this book is available from the Library of Congress. ISBN 0-387-21938-9
e-ISBN 0-387-24850-1
Printed on acid-free paper.
63 2005 Springer Science+Business Media, Inc. All rights reserved. This work may not be translated or copied in whole or in part without the written permission of the publisher (Springer Science+Business Media, Inc.. 233 Spring Street, New York, NY 10013, USA), except for brief excerpts in connection with reviews or scholarly analysis. Use in connection with any form of information storage and retrieval, electronic adaptation, computer software, or by silnilar or dissimilar methodology now know or hereafter developed is forbidden. The use in this publication of trade names, trademarks, service inarlcs and silnilar terms, even if the are not identified as such, is not to be talcen as an expression of opinion as to whether or not they are subject to proprietary rights. Printed in the United States of America. 9 8 7 6 5 1 3 2 1 springeronline. corn
SPIN 1131717
TABLE OF CONTENTS Preface
....................................................................................... vii
List of contributors
........................................................................ ix
Dispersed and focused corporate entrepreneurship: ways to balance exploitation and exploration
Tom Elfring ......................................................................... 1 Corporate entrepreneurship through radical innovation: key organization and initiative level mechanisms
Donna Kelley. Heidi M. Neck, Gina Colarelli O'Conner and Albert Paulson ................................................................ 23 Entrepreneurial behaviour in a large traditional firm: exploring key drivers
Johanna Mair ....................................................................... 49 Corporate venture capital: realizing resource combinations and transfers
James Henderson and Benoit Leleux .......................................... 73
Corporate venture capitalists and independent venture capitalists: what do they know, who d
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