The Influence of Technological Links, Social Ties, and Incumbent Firm Opportunistic Propensity on the Formation of Corporate Venture Capital Deals (Record no. 52473)
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fixed length control field | 02375nam a2200217 4500 |
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control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190821164427.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
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100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Kim, Ji Youn (Rose) |
9 (RLIN) | 34303 |
245 ## - TITLE STATEMENT | |
Title | The Influence of Technological Links, Social Ties, and Incumbent Firm Opportunistic Propensity on the Formation of Corporate Venture Capital Deals |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1595-1622 p. |
520 ## - SUMMARY, ETC. | |
Summary, etc | New ventures often innovate by building on the technology of incumbent firms. The resulting technological links that form between new ventures and incumbents can open up valuable collaborative opportunities between them. Nonetheless, because these technological links also increase incumbents’ abilities to misappropriate the knowledge of new ventures, such collaboration can render new ventures particularly susceptible to the opportunistic whims of their incumbent partners. Whether technological links promote or impede corporate venture capital (CVC) deal formation may depend on incumbent firms’ propensities to behave opportunistically and how aware new ventures are of such propensities. We argue that when new ventures have social ties to incumbent firms that have opportunistic tendencies, technological links between them strongly impede CVC deal formation. In such cases, social ties substantiate new ventures’ fears of knowledge misappropriation that might occur. In contrast, when new ventures have social ties to incumbent firms that lack opportunistic tendencies, technological links between them strongly promote CVC deal formation as social ties validate the incumbent firm’s trustworthiness and the potential for productive collaboration as a result of technological links. Using a data set that integrates patent citations, hand-collected career histories, and infringement lawsuits, we tracked the investment pattern between 29 incumbents and 402 new ventures in the U.S. information technology industry and found support for our arguments. |
653 ## - INDEX TERM--UNCONTROLLED | |
Uncontrolled term | technological links, , opportunistic tendencies |
Uncontrolled term | Social ties |
Uncontrolled term | Corporate |
Uncontrolled term | Venture capital |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Steensma, H. Kevin |
9 (RLIN) | 34304 |
Personal name | Park, Haemin Dennis |
9 (RLIN) | 34305 |
773 0# - HOST ITEM ENTRY | |
Host Biblionumber | 29017 |
Host Itemnumber | 74854 |
Main entry heading | DEBORAH E. RUPP |
Place, publisher, and date of publication | WEST LAFAYETTE SAGE PUBLICATION 2012 |
Other item identifier | 55510430 |
Title | JOURNAL OF MANAGEMENT |
International Standard Serial Number | 0149-2063 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | Dewey Decimal Classification |
Koha item type | Journal Article |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
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Dewey Decimal Classification | Main Library | Main Library | 21/08/2019 | Vol 45, Issue 4/ 55510430JA11 | 55510430JA11 | 21/08/2019 | 21/08/2019 |