An integration of the resource based view and the real options Theory for Investiments in Outside Opportunities

Kulatilaka, Nalin and Toschi, Laura (2009) An integration of the resource based view and the real options Theory for Investiments in Outside Opportunities.
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Abstract

There is a growing trend by established firms to use a multitude of External Corporate Venturing (ECV) mechanisms to acquire external innovations. In this paper, we develop a framework within which firms choose ECV mechanisms that are best aligned with characteristics of the external opportunity and the firm’s internal capabilities. Our approach integrates the Resource-based View of the firm with Real Options theory and draws on insights derived from interviews with managers.

Abstract
Document type
Article
Creators
CreatorsAffiliationORCID
Kulatilaka, Nalin
Toschi, Laura
Keywords
External Corporate Venturing, Strategic Real Options, Resource-based View, Value Creation
Subjects
DOI
Deposit date
19 Jan 2010 10:50
Last modified
16 May 2011 12:12
URI

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