This study explores the effective practices for technology acquisition in external corporate venture (CV) in Australasia. The study contributes to practice by exploring managerial challenges that define the technology acquisition process for corporations through an external CV. We found that external CV can be an effective mechanism for technology acquisition, but only when the corporate investor understands the challenges, risks, motives, and time horizons that are held by the different stakeholders in any CV initiative.
- External corporate venturing challenges
- Supply Chain research and innovation in Australasia
- Technology and innovation acquisition strategies