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In today's volatile market environments, companies must be able to continuously innovate. In this context, innovation does not only refer to the development of new products or business models but often also affects the entire organization, which has to transform its structures, processes, and ways of working.Corporate entrepreneurship (CE) programs are often used by established companies to address these innovation and transformation challenges. In general, they are understood as formalized entrepreneurial activities to (1) support internal corporate ventures or (2) work with external startups. The organizational design and value creation of CE programs exhibit a high degree of heterogeneity. On the one hand, this heterogeneity makes CE programs a valuable management tool that can be used for many purposes. On the other hand, it can be seen as a reason for the current challenges that companies experience in effectively using and managing CE programs.By systematically analyzing 54 different cases in established companies in Germany, Switzerland, and Austria, this study contributes to a better understanding of the heterogeneity of CE programs. The taxonomic approach provides clearly defined types of CE programs that are distinguished according to their organizational design and the outputs they generate.
Forschungsfrage: Welche Rollen lassen sich in Corporate Entrepreneurship identifizieren? Wie unterscheiden sich diese anhand verschiedener Merkmale und welche Fähigkeiten scheinen besonders relevant für ihre erfolgreiche Ausführung?
Methodik: Explorative Studie mit 56 semi-strukturierten Interviews mit Corporate-Entrepreneurship-Aktivitäten im DACH-Raum
Praktische Implikationen: Ein genaues Verständnis über die jeweiligen Rollen, ihre Unterschiedlichkeiten und Anforderungen ist notwendig, um die verschiedenen Corporate-Entrepreneurship-Aktivitäten mit passendem Personal zu besetzen.
What drives entrepreneurial action to create a lasting impact? The creation of new ventures that aim at having an impact beyond their financial performance face additional challenges: achieving economic sustainability and at the same time addressing social or environmental issues. Little is known on how these new hybrid organizations, aiming for multiple impact dimensions, manage to be congruent with their blended values. A dataset of 4,125 early-stage ventures is used to gain insights into how blended values are converted into financial, social and environmental impacts, giving shape to different types of hybrid organizations. Our findings suggest new hybrid organizations might opt to sacrifice financial impact to achieve social impact, yet this is not the case when they aim to generate environmental or sustainable impact. Therefore, the tensions and sacrifices related to holding blended values are not homogeneous across all types of new hybrid organizations.
Uncertainty about the future requires companies to create discontinuous innovations. Established companies, however, struggle to do so; whereas independent startups seem to better cope with this. Consequently, established companies set up entrepreneurial initiatives to make use of startups' benefits. Consequently, this led-amongst others-to great interest in socalled corporate entrepreneurship (CE) programs and to the development and characterization of several different forms. Their processes to achieve certain objectives, yet, are still rather ineffective. Thus, considerations of the actions performed in preparation for and during CE programs could be one approach to improve this but are still absent today. Furthermore, the increasing use of several CE programs in parallel seems to bear the potential for synergies and, thus, more efficient use of resources. Aiming to provide insights to both issues, this study analyzes actions of CE programs, by looking at interviews with managers of seven corporate incubators and accelerator programs of five established German tech-companies.
In today's volatile world, established companies must be capable of optimizing their core business with incremental innovations while simultaneously developing discontinuous innovations to maintain their long-term competitiveness. Balancing both is a major challenge for companies, since different types of innovation require different organizational structures, operational modes and management styles. Established companies tend to excel in improving their current business through incremental innovations which are closely related to their current knowledge base and competencies. However, this often goes hand in hand with challenges in the exploration of knowledge that is new to the company and that is essential for the development of discontinuous innovations. In this respect, the concept of corporate entrepreneurship is recognized as a way to strengthen the exploration of new knowledge and to support the development of discontinuous innovation. For managing corporate entrepreneurship more effectively, it is crucial to understand which types of knowledge can be created through corporate entrepreneurship and which organizational designs are more suited to gain certain types of knowledge. To answer these questions, this study analyzed 23 semi-structured interviews conducted with established companies that are running such entrepreneurial activities. The results show (1) that three general types of knowledge can be explored through corporate entrepreneurship and (2) that some organizational designs are more suited to explore certain knowledge types than others are.
Aufgrund der Corona-Pandemie kam es 2020 zu einer verstärkten Nutzung von Homeoffice und Teleworking. Sowohl bzgl. der Wahl des Arbeitsortes als auch der genutzen Kommunikationstechnologien existieren Pfadabhängigkeiten. Der Beitrag thematisiert diese Pfadabhängigkeiten systematisch, insbesondere ihre Ursachen und Folgen sowie die Möglichkeiten zur Pfadbrechung.
40 Jahre Neuland des Denkens
(2020)
Vor 40 Jahren erschien Frederic Vesters Hauptwerk „Neuland des Denkens“. Der Beitrag beleuchtet die wesentlichen Themen dieses programmatischen Buches im Hinblick auf Vesters Biokybernetik und deren Anwendung auf zahlreiche aktuelle Fragen in der Nachhaltigkeits-Debatte, z.B. Klimawandel-Problematik und Energiewende.
We provide an overview of the ongoing discussions on the objectives of the energy transition in the form of a conceptual framework, intending to facilitate the search for the most viable options for a successful transformation of the energy system. For this purpose, we examine the development of energy policy goals in Germany in the past and present, whereby we give an overview of objectives and assessment approaches from politics, economics, and science. Moreover, we then merge the different views into a common framework and analyze the central conflict between the wholeness of a hypothetical target circle and the simplification in favor of a hypothetical target point in more detail.
The organizational capability to adapt to the fast and radical changes of market parameters becomes a prerequisite for companies’ long-term survival. In this context, organizational ambidexterity has gained much attention in research and practice. It is the capability to develop new businesses (exploration) while simultaneously optimizing the existing core businesses (exploitation). Established companies face several challenges in achieving this capability, as the underlying learning modes of exploration and exploitation are mutually incompatible. One way to solve these challenges is to separate the exploration-oriented part from the core organization. Corporate venturing has been widely recognized as one tool to create these dual structures to develop new businesses, based on discontinuous innovation. In recent times, new corporate venturing forms emerge in practice. This growing number of different forms has led to new applications of corporate venturing which go beyond the pure development of new businesses, toward supporting the entrepreneurial transformation of companies. This study aims at answering how different corporate venturing forms contribute to the strategic renewal of established companies. For this purpose, qualitative research methods are used to analyze data from 17 interviews conducted in two German high-tech companies. The study at hand provides empirical evidence in the field of corporate venturing by uncovering new insights about the different transformational effects of corporate venturing initiatives on the core organization. It further reveals that corporate venturing forms can be classified into two categories according to their respective level of entrepreneurship and frequency of execution. Both categories exhibit different transformational effects and can be understood as being complementary to each other.