A short note on corporate venturing for technology acquisition
Morgan P Miles
University of Tasmania, Sandy Bay TAS
Sussie C Morrish
University of Canterbury, Christchurch, New Zealand
Victoria J Little
University of Auckland, Auckland, New Zealand
Richard W Brookes
University of Auckland, Auckland, New Zealand
PP: 126 - 133
Abstract
This study explores the effective practices for technology acquisition in external corporate venture (CV) in Australasia. The study contributes to practice by exploring managerial challenges that define the technology acquisition process for corporations through an external CV.
We found that external CV can be an effective mechanism for technology acquisition, but only when the corporate investor understands the challenges, risks, motives, and time horizons that are held by the different stakeholders in any CV initiative.
Keywords
external corporate venturing challenges; technology and innovation acquisition strategies; supply chain research and innovation in Australasia
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