
4 May 2021
Are you ready for Corporate Venturing beyond the pandemic?
The results of our research show that Corporate Venturing is one of the key factors that helps explain why some firms are able to continue their innovation efforts during a crisis and others are not. The mindset, ways of working and networks that are essential in Corporate Venturing are also effective in dealing with the disruptions of the core.
Corporate Venturing is one of the key factors that helps explain why some firms are able to continue their innovation efforts during a crisis and others are not. The mindset, ways of working and networks that are essential in Corporate Venturing are also effective in dealing with the disruptions of the core. These insights are based on the reseach on the impact of COVID-19 on Corporate Venturing conducted by RSM and CVN. We interviewed 40 companies during the first lockdown and in the fall of 2020.
Although we expected firm resilience to be highly dependent on the extent to which these firms were hit in their core operations, we found no evidence for this conjecture. Instead, we found that organizations with a history of Corporate Venturing were able to sustain operations, while firms with a short history or no history at all were experiencing major difficulties to keep things going.
Based on these exciting insights, we compiled a report outlining the research outcomes, a guidebook for managers and a Pandemic Resilience Scan with which companies can see for themselves how well they are positioned to grow after the pandemic. These documents can be accessed by the links below.
Take the Pandemic Resilience Scan
Report: Phase I and II questionnaire results
We will continue our research and are planning to conduct a third round of interviews in the fall of 2021 to research the evolution of corporate venturing beyond the pandemic.
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