曾蔚,沈亚宁,唐雨,阳欢欢. CVC投资模式对大公司技术创新绩效影响的实证研究[J]. 科技进步与对策, 2020, 37(7): 9-15.
Zeng Wei,Shen Yaning,Tang Yu,Yang Huanhuan. An Empirical Study of the Impact of CVC Investment Model on the Performance of Large Companies' Technological Innovation. SCIENCE & TECHNOLOGY PROGRESS AND POLICY, 2020, 37(7): 9-15.
[1] ALLEN, HEVERT.Venture capital investing by information technology companies: did it pay[J].Journal of Business Venturing, 2007,22(2):262-282. [2] CHEMMANUR, TIAN.Do anti-takeover provisions spur corporate innovation?a regression discontinuity analysis[J].Journal of Financial and Quantitative Analysis, 2018,53(3):1163-1194. [3] 潘庆华, 杜励婧.中国风险投资业的现状及运行模式选择[J].软科学, 2004(3):18-21. [4] AZAR, CIABUSCHI.Organizational innovation, technological innovation, and export performance: the effects of innovation radicalness and extensiveness[J].International Business Review, 2017,26(2):324-336. [5] ANOKHIN S, WINCENT J, OGHAZI P.Strategic effects of corporate venture capital investments[J].Journal of Business Venturing Insights, 2016,5:63-69. [6] 清科观察.2018年中国公司创业投资(CVC)发展研究报告[R].2019. [7] BARBA-SANCHEZ V, ATIENZA-SAHUQUILLO C.Reasons to create a new venture: a determinant of entrepreneurial profiles[J].African Journal of Business Management, 2011,5(28):11497-11504. [8] STANDAERT, MANIGART S.Government as fund-of-fund and VC fund sponsors: effect on employment in portfolio companies[J].Small Business Economics, 2018,50(2SI):357-373. [9] DI LORENZO F, VAV VRANDE V.Tapping into the knowledge of incumbents: the role of corporate venture capital investments and inventor mobility[J].Strategic Entrepreneurship Journal, 2019,13(1):24-46.[10] CECCAGNOLI M, HIGGINS M J, KANG H D.Corporate venture capital as a real option in the markets for technology[J].Strategic Management Journal, 2018,39(13):3355-3381.[11] 谈毅, 叶岑.产业资本参与创业投资的动因、绩效与启示[J].科研管理,2003(1):78-84.[12] MARKHAM S K, GENTRY S T, HUME.Strategies and tactics for external corporate venturing[J].Research-Technology Management, 2005,48(2):49-59.[13] KANN A, WEYANT J P.Approaches for performing uncertainty analysis in large-scale energy/economic policy models[J].Environmental Modeling & Assessment, 2000,5(1):29-46.[14] CHESBROUGH H W.Making sense of corporate venture capital[J].Harvard Business Review, 2002,80(3):90-97.[15] 陈军.美国公司风险投资分析——发展、特点及运作机理 [J].改革,2001(1):106-114.[16] 谈毅.风险投资学[M].上海:上海交通大学出版社, 2013: 184-188.[17] WADHWA R P.National growth through widening the base of technical and management education[J].Electronics Information & Planning, 2001,28(4-5):123-126.[18] DUSHNITSKY G, M J L.When does corporate venture capital investment create firm value[J].Journal of Business Venturing, 2006,21(6):753-772.[19] 万坤扬, 陆文聪.公司创业投资组合多元化与企业价值——组织冗余的调节作用[J].经济管理, 2014,36(9):156-166.[20] 王雷, 亓亚荣.CVC竞争强度与被投资企业技术创新绩效——基于卷入强度的中介效应分析[J].上海财经大学学报, 2019,21(2):46-64.[21] 陆方舟, 陈德棉, 乔明哲.公司创业投资目标、模式与投资企业价值的关系——基于沪深上市公司的实证研究[J].投资研究,2014,33(1):57-71.[22] 邓超, 刘亦涵.风投机构行业专业化投资强度对企业创新能力的影响[J].科技进步与对策,2017,34(5):80-85.