MRQ: Corporate venturing for organizational ambidexterity

In times of changing business environments, firms must constantly renew their competitive advantage by establishing dynamic capabilities. While often attempting to employ this in corporate venturing activities, they face the challenge of simultaneously exploring new and exploiting existing business opportunities. To help companies mastering this feat of ‘organizational ambidexterity’, the study identifies four different setups of corporate venturing in an integrated framework, based on the ability and approach to enabling organizational ambidexterity. Here, the synthesis in the proposed framework of the studies examined allows differentiating between not directly ambidextrous separated or integrated corporate venturing and directly ambidextrous contextual or interlinked corporate venturing.

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Licensed under open access, the full academic article is available to download for free and can be shared freely

Full academic article (Management Review Quarterly, 2021) including:

  • Introduction to strategic challenges of companies in the 21st century
  • Theoretical background to corporate venturing, organizational ambidexterity and dynamic capabilities
  • Analysis and framework of different organizational approaches of corporate venturing for organizational ambidexterity
  • Recommendations for firms to use the possible strategic role of corporate venturing
„The presented integrated framework will serve as an inspiring starting point in the desired direction, offering researchers and practitioners new perspectives for examining and realising dynamic capabilities for the strategic renewal of the firm with strategic corporate venturing for organizational ambidexterity“
Dr. Dominik Kanbach, Jun.-Prof., HHL Leipzig Graduate School of Management
42 pages
2.37 MB
June 2021

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Lysander Weiss
As part of the HHL Strategic Entrepreneurship Research Group, Lysander Weiss conducts research in collaboration with Junior Professor Dominik Kanbach. In addition to his academic research, Lysander Weiss is partner of the strategy consultancy Venture Idea and co-author of several management books on strategy, innovation and new work.
Dr. Dominik Kanbach, Jun.-Prof., HHL Leipzig Graduate School of Management
As the leader of the Research Group Strategic Entrepreneurship, Jun.-Prof. Dr. Kanbach drives the research activities at the Dr. Ing. h.c. F. Porsche Chair for Strategic Management and Digital Entrepreneurship with over 30 Ph.D. candidates and researchers. His research projects focus on a variety of topics on the interface between strategy and entrepreneurship including how established companies work together with start-ups, try to bring in more entrepreneurial spirit into their organizations and make use of disruptive technologies for new products, business models or processes to master the challenges of the digital transformation.

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