Corporate Venture Capital Investments for Enhancing Innovation: Challenges and Solutions

OVERVIEW: Corporate venture capital investments are a powerful tool to explore and exploit innovative opportunities with start-up companies. Successfully implementing a corporate venturing program presents a number of challenges, from setting the right mixture of strategic goals and operational implementation to measuring outcomes and capturing value. Working from a series of nine case studies of corporate venturing units in large corporations, this article examines the challenges and presents practical solutions drawn from detailed analysis of the case studies.