Regular academic columnists Martin Haemmig and Boris Battistini investigate the relationship between corporate venturing investment and the degree to which portfolio companies pursue international activities.

What is the relationship between corporate venturing investments and the degree to which the portfolio companies pursue international activities?

Past research studies on the drivers of internationalisation of new ventures have shed light on the importance of the international experience of the top management team, the founder or alliance partners. 

However, limited research studies specifically examined the value added by venture investors – corporate venturers and independent venture capitalists (VCs) – on the internationalisation intensity of portfolio companies, and their results appear 
inconclusive or to have found a negative…