Research by Gary Dushnitsky, associate professor at London Business School, revealed at the Global Corporate Venturing Symposium on Wednesday found the outperformance covered both a company's market value to book value ratio and their innovation capacity, as judged by patents.
Companies with corporate venturing units outperform peers without a minority investment strategy.
Research by Gary Dushnitsky (pictured), associate professor at London Business School, revealed at the Global Corporate Venturing Symposium on Wednesday found the outperformance covered both a company’s market value to book value ratio and their innovation capacity, as judged by patents.
Dushnitsky said between 1987 and 2009 there were 602 corporations as having engaged in venturing out of 5313 firms in the sample.
He said: "Companies with…