Impact of Corporate Venture Capital on Digital Business Transformation: A Case Study in Germany

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F23%3A00135210" target="_blank" >RIV/00216224:14560/23:00135210 - isvavai.cz</a>

Result on the web

<a href="https://www.acadlore.com/article/JIMD/2023_2_2/jimd020205" target="_blank" >https://www.acadlore.com/article/JIMD/2023_2_2/jimd020205</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.56578/jimd020205" target="_blank" >10.56578/jimd020205</a>

Result language

angličtina

Original language name

Impact of Corporate Venture Capital on Digital Business Transformation: A Case Study in Germany

Original language description

With the growing need for digital business transformation, corporate venture capital (CVC) investors have been faced with the challenge of how to deal with this trend. Although digital business transformation and CVC are highly relevant, previous studies have investigated them separately instead of their relationships. Therefore, this research aimed to study the impact of CVC on digital business transformation to fill this research gap. Based on an exploratory research design, eleven experts from different industries were interviewed. The following results were found in this study: (1) after the CVC unit collaborated with an Open Innovation (OI) unit, the CVC activities were integrated into the decentralized OI activities, and a dedicated team in the CVC unit was responsible for OI and venture client-based OI activities, thus achieving digital OI; (2) CVC was used to pursue ambidexterity, digital exploration or exploitation; (3) CVC supported digital business transformation at the organizational, social, and technical levels, which provided an answer to the overarching research question of how CVC supported innovation processes. Theoretical implications of this study lied in enhancing the understanding between CVC and digital business transformation, thus extending the understanding of CVC organization and impact. Furthermore, this study provided practical implications and recommendations on organizing CVC and using it to achieve digital business transformation according to strategic objectives.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50200 - Economics and Business

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Intelligent Management Decision

ISSN

2958-0072

e-ISSN

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Volume of the periodical

2

Issue of the periodical within the volume

2

Country of publishing house

HK - HONG KONG

Number of pages

20

Pages from-to

85-104

UT code for WoS article

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EID of the result in the Scopus database

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