Corporate Venture Capital and Entrepreneurial Product Development

David Hsu, Managament, The Wharton School

Abstract: Increasingly, corporations are investing in entrepreneurial firms. This trend has not been overlooked by researchers in the management literature, but the majority of research studying the effects of corporate venture capital (CVC) overwhelmingly takes the perspective of the organization with the venture capital operation. Furthermore, the literature on CVC from the perspective of the entrepreneurial venture largely ignores the product development perspective and role. We seek to address these issues by examining the circumstances under which CVCs benefit entrepreneurial firms’ product development. Please see the attached description for a fuller sketch of the motivation and design of the study.