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Internal corporate venturing as a tool for corporate renewal
Thesis (MComm (Business Management))--University of Stellenbosch, 2009.
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| Format: | Thesis |
| Language: | English |
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Stellenbosch : University of Stellenbosch
2009
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| _version_ | 1867613969419599872 |
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| access_status_str | Open Access |
| author | Scholtz, Rudi |
| author2 | Scheepers, M. J. |
| author_browse | Scheepers, M. J. Scholtz, Rudi |
| author_facet | Scheepers, M. J. Scholtz, Rudi |
| author_sort | Scholtz, Rudi |
| collection | Thesis |
| dc_rights_str_mv | University of Stellenbosch |
| description | Thesis (MComm (Business Management))--University of Stellenbosch, 2009. |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/1871 |
| institution | Stellenbosch University (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:44:35.400Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | Stellenbosch : University of Stellenbosch |
| publisherStr | Stellenbosch : University of Stellenbosch |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/1871 Internal corporate venturing as a tool for corporate renewal Scholtz, Rudi Scheepers, M. J. University of Stellenbosch. Faculty of Economic and Management Sciences. Dept. of Business Management. Internal corporate venturing Corporate renewal Dissertations -- Business management Theses -- Business management Technological innovations Entrepreneurship Organizational change Thesis (MComm (Business Management))--University of Stellenbosch, 2009. This study recognises that innovation and renewal is instrumental in gaining competitive advantage. However, large firms often face a renewal dilemma. Despite the fact that many firms recognise the need for innovation and renewal, they find it challenging to implement innovation. Thus, the need for renewal is complicated by finding a suitable business development tool to bring about the renewal needed. The problem is further aggravated by a fundamental managerial conflict of exploration and exploitation. This conflict causes a reluctance to engage in exploration activities (searching for new resources, knowledge, and competence), due to the operational focus of exploiting current resources, knowledge, and competence. To overcome the renewal dilemma, this study investigated the relationship and linkages between Internal Corporate Venturing (ICV) and corporate renewal to determine how Internal Corporate Venturing (ICV) can be used as a tool to initiate corporate renewal and overcome the renewal dilemma. The study made use of a qualitative, mixed-method methodology and investigated the research problem in two phases. The first phase of this study used Grounded Theory to propose a theoretical framework that illustrated how ICV provides a firm with a strategic process that effectively balances exploration and exploitation activities, providing the linking mechanisms needed between a firm’s corporate context and its external environment, enabling the firm to initiate corporate renewal. In the second stage of this study, the theory was assessed, by comparing the proposed theoretical framework to a case study involving an internal venturing programme at an established financial services firm in Southern Africa. Based on a comparison between the proposed theoretical framework and the case study, this thesis concludes that ICV could theoretically be used to address the renewal dilemma; however, it was not possible to confirm this proposition, due to the stage in which the corporate venturing programme the case examined found itself,. The case study did however suggest that ICV could enhance a firm’s ability to instigate corporate renewal, through its ability to create idiosyncratic endowments from a firm’s endowment base. Masters 2009-03-02T08:06:53Z 2010-06-01T08:35:17Z 2009-03-02T08:06:53Z 2010-06-01T08:35:17Z 2009-03 Thesis http://hdl.handle.net/10019.1/1871 en University of Stellenbosch application/pdf Stellenbosch : University of Stellenbosch |
| spellingShingle | Internal corporate venturing Corporate renewal Dissertations -- Business management Theses -- Business management Technological innovations Entrepreneurship Organizational change Scholtz, Rudi Internal corporate venturing as a tool for corporate renewal |
| title | Internal corporate venturing as a tool for corporate renewal |
| title_full | Internal corporate venturing as a tool for corporate renewal |
| title_fullStr | Internal corporate venturing as a tool for corporate renewal |
| title_full_unstemmed | Internal corporate venturing as a tool for corporate renewal |
| title_short | Internal corporate venturing as a tool for corporate renewal |
| title_sort | internal corporate venturing as a tool for corporate renewal |
| topic | Internal corporate venturing Corporate renewal Dissertations -- Business management Theses -- Business management Technological innovations Entrepreneurship Organizational change |
| url | http://hdl.handle.net/10019.1/1871 |
| work_keys_str_mv | AT scholtzrudi internalcorporateventuringasatoolforcorporaterenewal |