Business groups and institutional upheaval in emerging economies: Corporate venturing in Korea
- Authors
- Kim, Hicheon; Bae, Johngseok; Bruton, Garry D.
- Issue Date
- 9월-2012
- Publisher
- SPRINGER
- Keywords
- Corporate venture program; Financial crisis; Market-oriented institutional upheaval; Resource fit; Organizational misfit; Korea; LG CNS; LG Electronics
- Citation
- ASIA PACIFIC JOURNAL OF MANAGEMENT, v.29, no.3, pp.729 - 752
- Indexed
- SSCI
SCOPUS
- Journal Title
- ASIA PACIFIC JOURNAL OF MANAGEMENT
- Volume
- 29
- Number
- 3
- Start Page
- 729
- End Page
- 752
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/107589
- DOI
- 10.1007/s10490-010-9233-5
- ISSN
- 0217-4561
- Abstract
- In this paper we detail the nature of market-oriented institutional upheaval and its implications for business groups in Korea during the late 1990s. Employing case study methodology we identify four projects that were nurtured under corporate venture programs in response to this upheaval: two internal incubating projects and two new venture investment projects. We analyze these cases employing the concepts of resource fit and organizational misfit. Based upon these in-depth case analyses we generate a conceptual framework that managers can rely on for the choice of organizing mode of corporate venture projects. We conclude by discussing managerial implications and future research directions.
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Collections - Korea University Business School > Department of Business Administration > 1. Journal Articles
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