This article addresses two important questions: First, what has been the overall track record of internal corporate venturing? Second, why do some organizations do much better at internal corporate venturing than others? After discussing the paradoxical nature of corporate entrepreneurship and...

Recommended readings (Machine generated): Henry R. Feeser and Gary E. Willard (1990), 'Founding Strategy and Performance: A Comparison of High and Low Growth High Tech Firms', Strategic Management Journal, 11 (2), February, 87-98 -- Kathleen M. Eisenhardt and Claudia Bird Schoonhoven (1990),...

We examine how ties to different kinds of corporate venture capital (CVC) investors help new ventures overcome the liabilities of market newness they encounter when seeking to undergo an initial public offering (IPO). We analyze a sample of 315 IPO firms with ties to CVC investors and find that...