ABSTRACT

The focus of this chapter, and indeed of the book as a whole, is on corporate venture capital investment. In order to introduce this form of large firm-small firm collaboration, this chapter first attempts to define the CVC process, highlighting the distinctions between CVC and corporate venturing, terms which are often incorrectly used interchangeably. It then discusses the objectives and potential benefits of CVC, before identifying the levels of this activity world-wide. In the light of this discussion, the chapter concludes with a detailed research rationale followed by an account of the research aims, questions and methodology.