Explorative and Exploitative Learning from External Corporate Ventures
研究了企业如何从外部创业活动中学习技术知识，比较了风险投资、联盟、合资和收购四种方式对探索性与利用性学习的影响，基于美国110家ICT公司1992-2000年的专利数据。
This study examines the antecedents of explorative and exploitative learning of technological knowledge from external corporate ventures. We compare different forms of external corporate venturing, namely corporate venture capital investments, alliances, joint ventures, and acquisitions, as alternative avenues for interorganizational learning. Furthermore, we test the effects of multiple relational characteristics on the type of learning outcomes. Our empirical analysis is based on citations in patents filed by a sample of 110 largest U.S. public information and communications technology companies during the years 1992–2000. We find that corporate venturing mode and technological relatedness have significant effects on the likelihood of explorative learning.