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Erschienen in: Asia Pacific Journal of Management 3/2012

01.09.2012

Business groups and institutional upheaval in emerging economies: Corporate venturing in Korea

verfasst von: Hicheon Kim, Johngseok Bae, Garry D. Bruton

Erschienen in: Asia Pacific Journal of Management | Ausgabe 3/2012

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Abstract

In this paper we detail the nature of market-oriented institutional upheaval and its implications for business groups in Korea during the late 1990s. Employing case study methodology we identify four projects that were nurtured under corporate venture programs in response to this upheaval: two internal incubating projects and two new venture investment projects. We analyze these cases employing the concepts of resource fit and organizational misfit. Based upon these in-depth case analyses we generate a conceptual framework that managers can rely on for the choice of organizing mode of corporate venture projects. We conclude by discussing managerial implications and future research directions.

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Fußnoten
1
The growth in VC was in part generated by government action, but it should be noted that at the same time there was a general growth in the VC industry in emerging economies as investors increasingly sought to diversify from mature markets in the US and Europe.
 
2
Various other terms used with similar meaning include independent business unit (IBU), venture team or group, new venture division (NVD), and new business division.
 
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Metadaten
Titel
Business groups and institutional upheaval in emerging economies: Corporate venturing in Korea
verfasst von
Hicheon Kim
Johngseok Bae
Garry D. Bruton
Publikationsdatum
01.09.2012
Verlag
Springer US
Erschienen in
Asia Pacific Journal of Management / Ausgabe 3/2012
Print ISSN: 0217-4561
Elektronische ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-010-9233-5

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