有益，有害，还是两者都有?企业风险投资和联盟活动对产品召回的影响

IF 7.8 1区管理学 Q1 BUSINESS

Entrepreneurship Theory and Practice Pub Date : 2023-01-13 DOI:10.1177/10422587221141682

David Bendig, Simon Hensellek, Julian Schulte

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引用次数: 0

摘要

尽管企业风险投资(CVC)交易和联盟越来越多，但它们的有效性并不能得到保证。本文研究了不同市场动荡程度下CVC和联盟活动对产品安全的正、负影响。利用基于资源的学习视角和来自美国大型企业的面板数据，我们发现CVC和联盟活动与产品召回可能性呈倒u型关系。市场动荡缓和了这两种关系，但效果不同。我们讨论了学习理论如何补充资源基础观点，以理解为什么没有或更大胆的外部冒险比小规模的“夹在中间”的倡议危害更小。

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Beneficial, Harmful, or Both? Effects of Corporate Venture Capital and Alliance Activity on Product Recalls

Despite growing numbers of corporate venture capital (CVC) deals and alliances, their effectiveness is not guaranteed. This paper investigates the positive and negative impacts of CVC and alliance activity on product safety under different levels of market turbulence. Using a resource-based learning perspective and panel data from large U.S. firms, we find that both CVC and alliance activity have inverted U-shaped relationships with product recall likelihood. Market turbulence moderates both relationships, but differently. We discuss how learning theory complements the resource-based view to understand why no or rather bold external venturing are less harmful than small-scale “stuck-in-the-middle” initiatives.

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来源期刊

Entrepreneurship Theory and Practice BUSINESS-

CiteScore

19.00

自引率

12.40%

发文量

期刊介绍： Entrepreneurship Theory and Practice (ETP) is an interdisciplinary scholarly journal dedicated to conceptual and empirical research that advances, tests, or extends theory relating to entrepreneurship in its broadest sense. Article Topics: Topics covered in ETP include, but are not limited to: New Venture Creation, Development, Growth, and Performance Characteristics, Behaviors, and Types of Entrepreneurs Small Business Management Family-Owned Businesses Corporate, Social, and Sustainable Entrepreneurship National and International Studies of Enterprise Creation Research Methods in Entrepreneurship Venture Financing Content: The journal publishes articles that explore these topics through rigorous theoretical development, empirical analysis, and methodological innovation. ETP serves as a platform for advancing our understanding of entrepreneurship and its implications for individuals, organizations, and society.