Which Iron Cage? Endo- and exoisomorphism in Corporate Venture Capital Programs
通过对六个企业风险投资项目的归纳研究，揭示了新组织单元如何应对来自母公司和行业两种不同制度环境的竞争压力，并发现其组织结构取决于内部或外部同构的侧重。
Through an inductive study of six corporate venture capital programs, we unravel how new organizational units resolve competing forces from two different institutional environments. The data suggest that the organizational structure of units that enter a new environment depends on whether they “focus their isomorphism” internally toward the parent (“endoisomorphism”) or externally toward the industry (“exoisomorphism”). The focus of isomorphism depends on whom the units seek legitimacy with and on the professionalization of their top management teams. We discuss implications of the findings for institutional theory, corporate venture capital, and corporate venturing more generally.