Matches in SemOpenAlex for { <https://semopenalex.org/work/W4319455308> ?p ?o ?g. }
- W4319455308 abstract "Abstract This paper aims to assess the role of corporate venture capital (CVC) as option‐creating investments and how corporate investors practice CVC options in their investment decisions. Using a sample of 4206 US firms between 1998 and 2019, our results show that sector fit and geographic fit reduce uncertainty and impact investors' decisions on CVC investments. When exogenous uncertainty is mitigated, CVC‐backed companies experience higher investment amounts than independent venture capital funds (IVC)‐backed ones. The results evidence that follow‐on investments motivate IVC‐backed companies to exit via IPOs. At the same time, a prolonged duration for the organisational learning option leads CVC‐backed companies to exit via acquisition. This study helps investors to reduce uncertainty surrounding investments and improve the usefulness of their real options. We also provide implications for how policymakers target and develop an entrepreneurial ecosystem." @default.
- W4319455308 created "2023-02-09" @default.
- W4319455308 creator A5027920936 @default.
- W4319455308 creator A5044390447 @default.
- W4319455308 creator A5046945313 @default.
- W4319455308 creator A5052280927 @default.
- W4319455308 date "2023-02-08" @default.
- W4319455308 modified "2023-09-30" @default.
- W4319455308 title "Investment decisions under uncertainty: Corporate venture capital as a real option" @default.
- W4319455308 cites W1486249044 @default.
- W4319455308 cites W1535039427 @default.
- W4319455308 cites W1809046508 @default.
- W4319455308 cites W1835456102 @default.
- W4319455308 cites W1861086968 @default.
- W4319455308 cites W1973384336 @default.
- W4319455308 cites W1978399955 @default.
- W4319455308 cites W1990400976 @default.
- W4319455308 cites W1998325269 @default.
- W4319455308 cites W2001279424 @default.
- W4319455308 cites W2023245676 @default.
- W4319455308 cites W2038022556 @default.
- W4319455308 cites W2042380359 @default.
- W4319455308 cites W2044523229 @default.
- W4319455308 cites W2062128567 @default.
- W4319455308 cites W2067281467 @default.
- W4319455308 cites W2077338046 @default.
- W4319455308 cites W2081112969 @default.
- W4319455308 cites W2093093999 @default.
- W4319455308 cites W2094153072 @default.
- W4319455308 cites W2098910318 @default.
- W4319455308 cites W2101743006 @default.
- W4319455308 cites W2108795964 @default.
- W4319455308 cites W2109557022 @default.
- W4319455308 cites W2112653273 @default.
- W4319455308 cites W2114273033 @default.
- W4319455308 cites W2116421424 @default.
- W4319455308 cites W2117803571 @default.
- W4319455308 cites W2120671337 @default.
- W4319455308 cites W2132747083 @default.
- W4319455308 cites W2140734893 @default.
- W4319455308 cites W2144696435 @default.
- W4319455308 cites W2147858880 @default.
- W4319455308 cites W2159171830 @default.
- W4319455308 cites W2160380001 @default.
- W4319455308 cites W2163226127 @default.
- W4319455308 cites W2163244011 @default.
- W4319455308 cites W2165201397 @default.
- W4319455308 cites W2626673830 @default.
- W4319455308 cites W2728944744 @default.
- W4319455308 cites W2888521917 @default.
- W4319455308 cites W2888787804 @default.
- W4319455308 cites W2919323502 @default.
- W4319455308 cites W2944678919 @default.
- W4319455308 cites W2955399141 @default.
- W4319455308 cites W2989961276 @default.
- W4319455308 cites W3005399802 @default.
- W4319455308 cites W3045102357 @default.
- W4319455308 cites W3047572877 @default.
- W4319455308 cites W3121171285 @default.
- W4319455308 cites W3121284204 @default.
- W4319455308 cites W3121621773 @default.
- W4319455308 cites W3122690502 @default.
- W4319455308 cites W3122873328 @default.
- W4319455308 cites W3123212893 @default.
- W4319455308 cites W3123828214 @default.
- W4319455308 cites W3123974754 @default.
- W4319455308 cites W3124041241 @default.
- W4319455308 cites W3124380860 @default.
- W4319455308 cites W3124418789 @default.
- W4319455308 cites W3124770064 @default.
- W4319455308 cites W3125275355 @default.
- W4319455308 cites W3125324508 @default.
- W4319455308 cites W3125337001 @default.
- W4319455308 cites W3125801320 @default.
- W4319455308 cites W3126935755 @default.
- W4319455308 cites W3163338399 @default.
- W4319455308 cites W3217233591 @default.
- W4319455308 cites W4206380565 @default.
- W4319455308 cites W4226247667 @default.
- W4319455308 cites W4229039840 @default.
- W4319455308 cites W4235411489 @default.
- W4319455308 cites W4248242548 @default.
- W4319455308 cites W4285792721 @default.
- W4319455308 cites W4287105443 @default.
- W4319455308 cites W4293812563 @default.
- W4319455308 cites W2088139769 @default.
- W4319455308 doi "https://doi.org/10.1002/ijfe.2794" @default.
- W4319455308 hasPublicationYear "2023" @default.
- W4319455308 type Work @default.
- W4319455308 citedByCount "0" @default.
- W4319455308 crossrefType "journal-article" @default.
- W4319455308 hasAuthorship W4319455308A5027920936 @default.
- W4319455308 hasAuthorship W4319455308A5044390447 @default.
- W4319455308 hasAuthorship W4319455308A5046945313 @default.
- W4319455308 hasAuthorship W4319455308A5052280927 @default.
- W4319455308 hasBestOaLocation W43194553081 @default.
- W4319455308 hasConcept C10138342 @default.
- W4319455308 hasConcept C109574028 @default.
- W4319455308 hasConcept C112758219 @default.
- W4319455308 hasConcept C124952713 @default.