Using the Global Corporate Venturing database, which lists 756 active units, BCG identified four cycles of corporate venture investing including the latest one, which it says began around 2005.
Corporate venturing is again resurgent after a chequered 50 years’ history and a management consultants’ report from the Boston Consulting Group (BCG) said this time the trend would be lasting.
Using the Global Corporate Venturing database, which lists 756 active units, BCG identified four cycles of corporate venture investing including the latest one, which it says began around 2005.
The BCG report found corporate venturing, “once an experiment, has entered a new, more mature phase”. While the activity has expended to other sectors recently, within industries that have traditionally engaged in corporate venturing, such as information technology and healthcare, the percentage of the 30 largest companies with dedicated venture groups has been climbing since at least 2007 – for more on this please see the forthcoming November issue of Global Corporate Venturing with a guest comment by BCG.
Google Ventures, was the top investor in venture-backed companies in the third quarter, according to news provider Dow Jones.
In related research, consultants Booz&Co’s innovation 1000 survey shows companies that spend most on research and development are not necessarily the most successful.