To a New Era of Corporate Venturing?

The aim of this symposium is threefold. First, we aim to gain a better understanding of when firms engage in corporate venturing, how they do so, and how corporate venturing can become better implemented in the long run. Second, we seek to explore connections between an emergent stream of research on new forms of corporate venturing with more established streams on organizational structure and innovation. Third, we aim to provide an overview of the current state of research on corporate venturing, and provide future research avenues. We assembled four empirical papers on corporate venturing that focus on various aspects such as when firms engage in corporate venturing, how they can build the competences to do so, how internal and external corporate venturing activities can best be combined, and, finally, on how internal corporate venturing units can become formally embedded within corporate organizations. Three high-profile scholars specializing in corporate venturing (Robert Burgelman, Stanford University), corporate entrepreneurship (Jeffrey Covin, Indiana University), and corporate venture capital (Gary Dushnitsky, London Business School), will serve as discussants to provide both theoretical and practical suggestions on the presented papers as well as future research directions for the field of corporate venturing A Capabilities Perspective on the Implementation of