Corporate Venture Capital and Sustainability
Corporate Venture Capital (CVC) has been receiving increasingly more attention all over the world as a special way for accessing new ideas and innovative opportunities through minor-share investing in established companies. The purpose of CVC investments may either be purely financial or to pursue s...
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| Format: | Article |
| Language: | English |
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Elsevier
2022-08-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2199-8531/8/3/132 |
| _version_ | 1797422501693751296 |
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| author | Luciano Mathias Döll Micaela Ines Castillo Ulloa Alexandre Zammar Guilherme Francisco do Prado Cassiano Moro Piekarski |
| author_facet | Luciano Mathias Döll Micaela Ines Castillo Ulloa Alexandre Zammar Guilherme Francisco do Prado Cassiano Moro Piekarski |
| author_sort | Luciano Mathias Döll |
| collection | DOAJ |
| description | Corporate Venture Capital (CVC) has been receiving increasingly more attention all over the world as a special way for accessing new ideas and innovative opportunities through minor-share investing in established companies. The purpose of CVC investments may either be purely financial or to pursue strategic goals. Organisations often seek to take actions that impact positively on sustainability by assembling related knowledge and technologies. These resources may come from invested startups through the use of a CVC programme. This research aims to measure and analyse the Corporate Venture Capital programmes of companies listed in the ISE B3 Corporate Sustainability Index. To this end, a three-step methodology was conducted. First, a systematic review of the literature took place, followed by a review of companies based on secondary sources such as their websites. Finally, a survey was developed and was opted to survey companies through their Investor Relationship (IR) public channels. Results show that 27 of the companies listed in the ISE B3 Index have CVC programmes that contemplate organizational initiatives besides investment. In this sense, one can claim that at least 70% of the ISE B3 Index companies are somehow involved in CVC operations. The results contribute to the literature on corporate venture capital and sustainability by showing that companies spend from 10% to 15% of their capital in sustainable businesses in order to remain competitive. |
| first_indexed | 2024-03-09T07:33:14Z |
| format | Article |
| id | doaj.art-69ab251daea1477d93d6b871f7aa6d07 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-09T07:33:14Z |
| publishDate | 2022-08-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-69ab251daea1477d93d6b871f7aa6d072023-12-03T05:43:06ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312022-08-01813213210.3390/joitmc8030132Corporate Venture Capital and SustainabilityLuciano Mathias Döll0Micaela Ines Castillo Ulloa1Alexandre Zammar2Guilherme Francisco do Prado3Cassiano Moro Piekarski4Post-Graduation Program of Production Engineering, Federal University Technology (UTFPR), Ponta Grossa 84016-210, BrazilPost-Graduation Program of Production Engineering, Federal University Technology (UTFPR), Ponta Grossa 84016-210, BrazilPost-Graduation Program of Production Engineering, Federal University Technology (UTFPR), Ponta Grossa 84016-210, BrazilPost-Graduation Program of Production Engineering, Federal University Technology (UTFPR), Ponta Grossa 84016-210, BrazilPost-Graduation Program of Production Engineering, Federal University Technology (UTFPR), Ponta Grossa 84016-210, BrazilCorporate Venture Capital (CVC) has been receiving increasingly more attention all over the world as a special way for accessing new ideas and innovative opportunities through minor-share investing in established companies. The purpose of CVC investments may either be purely financial or to pursue strategic goals. Organisations often seek to take actions that impact positively on sustainability by assembling related knowledge and technologies. These resources may come from invested startups through the use of a CVC programme. This research aims to measure and analyse the Corporate Venture Capital programmes of companies listed in the ISE B3 Corporate Sustainability Index. To this end, a three-step methodology was conducted. First, a systematic review of the literature took place, followed by a review of companies based on secondary sources such as their websites. Finally, a survey was developed and was opted to survey companies through their Investor Relationship (IR) public channels. Results show that 27 of the companies listed in the ISE B3 Index have CVC programmes that contemplate organizational initiatives besides investment. In this sense, one can claim that at least 70% of the ISE B3 Index companies are somehow involved in CVC operations. The results contribute to the literature on corporate venture capital and sustainability by showing that companies spend from 10% to 15% of their capital in sustainable businesses in order to remain competitive.https://www.mdpi.com/2199-8531/8/3/132corporate venture capitalsustainabilitystartupsopen innovation |
| spellingShingle | Luciano Mathias Döll Micaela Ines Castillo Ulloa Alexandre Zammar Guilherme Francisco do Prado Cassiano Moro Piekarski Corporate Venture Capital and Sustainability Journal of Open Innovation: Technology, Market and Complexity corporate venture capital sustainability startups open innovation |
| title | Corporate Venture Capital and Sustainability |
| title_full | Corporate Venture Capital and Sustainability |
| title_fullStr | Corporate Venture Capital and Sustainability |
| title_full_unstemmed | Corporate Venture Capital and Sustainability |
| title_short | Corporate Venture Capital and Sustainability |
| title_sort | corporate venture capital and sustainability |
| topic | corporate venture capital sustainability startups open innovation |
| url | https://www.mdpi.com/2199-8531/8/3/132 |
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