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Entrepreneurial spillovers from corporate R&D

Corporate investment in research and development creates new growth options. The optimal boundaries of the firm depend on the nature of the growth options it creates and on limits to contracting with employees.

Rise of the venture studio

When TechStars launched TechStars Studio they described it as an environment for corporates “to rapidly envision, validate, and launch disruptive new startups”. In addition to TechStars Studio, a burgeoning number of venture studios have been launched.

Editorial: Tencent’s big week after its annual results

It’s notable to see five large deals involving Tencent in the week after its financial results showed the power of its investment holding company model for growth. Ke.com, a real estate services marketplace spun off from Lianjia, is in the process of raising $800m in a series D round led that is being led by Tencent.… Continue reading Editorial: Tencent’s big week after its annual results

Editorial: PayPal’s pipe dream comes to MercadoLibre

Financial payments company PayPal has agreed to invest $750m in MercadoLibre as part of a $1.85bn equity offering for the Argentina-based online retailer and payments provider. PayPal will make its investment through the purchase of common stock in Nasdaq-listed MercadoLibre and while such private investments in public equities (Pipes) are rarely a focus for Global… Continue reading Editorial: PayPal’s pipe dream comes to MercadoLibre

Investing in Israeli companies

Jonathan Tudor, director of Centrica Innovations, was in Israel for the GCV Israel conference, Israel’s first corporate venturing conference, and to launch a £100m Centrica Innovations fund

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How much autonomy will maximise impact?

Comment from Maria Julia Prats and Josemaria Siota, Entrepreneurship and Innovation Centre, IESE, and Isabel Martinez-Monche and Yair Martínez, BeRepublic

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