IDEAS home Printed from https://ideas.repec.org/a/wsi/ijimxx/v24y2020i08ns1363919620400046.html
   My bibliography  Save this article

Reconciling Competing Institutional Logics In Corporate Venture Capital Units

Author

Listed:
  • MARCEL AHLFÄNGER

    (Institute of Business Administration at the Department of Chemistry and Pharmacy, University of Münster, Leonardo-Campus 1 48149 Münster, Germany)

  • MAGDALENA KOHUT

    (Institute of Business Administration at the Department of Chemistry and Pharmacy, University of Münster, Leonardo-Campus 1 48149 Münster, Germany)

  • JENS LEKER

    (Institute of Business Administration at the Department of Chemistry and Pharmacy, University of Münster, Leonardo-Campus 1 48149 Münster, Germany)

Abstract

Prior literature highlights the competing institutional logics corporate venture capital (CVC) units have to face due to their intermediary position between the two environments in which they operate — the VC industry and the corporate firm. By conducting an inductive case study of 20 CVC units, we unravel how novel organisational subunits reconcile the conflicting logics in terms of their organisational structure. We show that, instead of fully aligning with one or the other environment, most units form hybrid organisations incorporating elements of both logics. Our data suggest that CVC units tend to follow the hybridisation strategy of selective coupling rather than apply strategies of compromising or decoupling. The type of structure depends on factors on the intra-, inter-organisational and industry level. We further suggest a specific hybridisation pattern that is especially beneficial in the achievement of a unit’s strategic objectives. Our findings contribute to both institutional theory and CVC literature.

Suggested Citation

  • Marcel Ahlfänger & Magdalena Kohut & Jens Leker, 2020. "Reconciling Competing Institutional Logics In Corporate Venture Capital Units," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(08), pages 1-33, December.
    • Handle: RePEc:wsi:ijimxx:v:24:y:2020:i:08:n:s1363919620400046
    DOI: 10.1142/S1363919620400046
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1363919620400046
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1363919620400046?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luciano Mathias Döll & Micaela Ines Castillo Ulloa & Alexandre Zammar & Guilherme Francisco do Prado & Cassiano Moro Piekarski, 2022. "Corporate Venture Capital and Sustainability," JOItmC, MDPI, vol. 8(3), pages 1-19, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijimxx:v:24:y:2020:i:08:n:s1363919620400046. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijim/ijim.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.