@article {1968741,
	title = {The influence of R\&D investment on the use of corporate venture capital: An industry-level analysis},
	journal = {Journal of Business Venturing},
	volume = {25},
	year = {2010},
	month = {2010},
	pages = {376-388},
	abstract = {We consider how internal research and development (R\&D) influences the use of corporate venture capital (CVC) and how this relationship varies across industries. We find that, in general, R\&D investments increase the number of CVC deals in an industry. We also find that R\&D investment has a particularly strong influence on the use of CVC in industries that are growing rapidly and changing technologically. Our analysis provides greater clarity on the relationships involving R\&D and CVC in the presence of contingencies by integrating insights of absorptive capacity and real options reasoning.},
	keywords = {Strategy \& Entrepreneurship},
	author = {Sahaym,A. and Steensma,K. and Barden,Jeffrey}
}
