Managing corporate-startup relationships: What matters for entrepreneurs?

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Startups have become an important part of corporations' external technology sourcing portfolio. Nonetheless, startups may be reluctant to enter in a relationship with a corporation. Prior research on corporate-startup relationships has primarily focused on the benefits for corporations and neglected the perspective of startups. In a multiple case study, we analyse the collaborations of 12 startups to 30 different corporations to address this gap. The findings show that complementary assets, risks as well as relational characteristics, influence the willingness of startups to enter such collaborations. We deduct nine propositions concerning, e.g., reputation and market access, misappropriation and the commitment of corporations. Further, our analysis highlights differences and similarities according to the maturity of startups. The study contributes to external technology sourcing literature and allows corporate managers to better understand the perspective of entrepreneurs in terms of engaging in strategic partnerships.
Original languageEnglish
Pages (from-to)164-186
Number of pages23
JournalInternational journal of entrepreneurial venturing
Volume11
Issue number2
DOIs
Publication statusPublished - 2019

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Industry
Managers
Start-ups
Start-up
Entrepreneurs
Technology sourcing
Maturity
Strategic partnership
Complementary assets
Multiple case study
Market access
Willingness

Cite this

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title = "Managing corporate-startup relationships: What matters for entrepreneurs?",
abstract = "Startups have become an important part of corporations' external technology sourcing portfolio. Nonetheless, startups may be reluctant to enter in a relationship with a corporation. Prior research on corporate-startup relationships has primarily focused on the benefits for corporations and neglected the perspective of startups. In a multiple case study, we analyse the collaborations of 12 startups to 30 different corporations to address this gap. The findings show that complementary assets, risks as well as relational characteristics, influence the willingness of startups to enter such collaborations. We deduct nine propositions concerning, e.g., reputation and market access, misappropriation and the commitment of corporations. Further, our analysis highlights differences and similarities according to the maturity of startups. The study contributes to external technology sourcing literature and allows corporate managers to better understand the perspective of entrepreneurs in terms of engaging in strategic partnerships.",
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Managing corporate-startup relationships : What matters for entrepreneurs? / Simon, Franz ; Harms, Rainer ; Schiele, Holger .

In: International journal of entrepreneurial venturing, Vol. 11, No. 2, 2019, p. 164-186.

Research output: Contribution to journalArticleAcademicpeer-review

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