Corporate venturing units are often thought to service primarily the strategic needs of the corporate parent – technology learning, platform shaping and the like. To achieve this objective it seems logical to embed corporate venturing activities tightly within the parent company.
Our survey of 25 corporate venturing units, covering a cross-section of industries and geographies, revealed a more nuanced picture – corporate venturing units that emphasise financial rather than strategic objectives and operate as independent subsidiaries encountered fewer…