Corporate venture capital and corporate accelerators: differences and similarities

Vol. 42 No. 1 (2022)

Jan-Mar / 2022
Published January 20, 2022
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Martins, Mateus Christiano König, Rafaela Oliveira Padilha, and Solange Maria da Silva. 2022. “Corporate Venture Capital and Corporate Accelerators: Differences and Similarities”. Brazilian Journal of Political Economy 42 (1):192-206. https://doi.org/10.1590/0101-31572022-3037.

Corporate venture capital and corporate accelerators: differences and similarities

Mateus Christiano König Martins
Mestre em Tecnologia da Informação e Comunicação, Universidade Federal de Santa Catarina (UFSC), Brasil.
Rafaela Oliveira Padilha
Mestre em Tecnologia da Informação e Comunicação, Universidade Federal de Santa Catarina (UFSC), Brasil.
Solange Maria da Silva
Doutora em Engenharia de Produção, Universidade Federal de Santa Catarina (UFSC), Brasil.
Brazilian Journal of Political Economy, Vol. 42 No. 1 (2022), Jan-Mar / 2022, Pages 192-206

Abstract

The research aims to point out the differences and similarities between
Corporate Venture Capital (CorpVC) and Corporate Accelerators (AC), as mechanisms of
collaboration between mature companies and Startups. The research highlighted that the
phenomenon of Corporate Accelerators and Corporate Venture Capital are open innovation
practices, which can be semi-institutionalized in companies that intend to seek innovation
in external environments. The fact that CorpVC and AC are based on strategic objectives,
and not only financial ones, differentiate them from other types of investments made directly in companies, however, it was noticed that both strategies have crucial differences,
which as previously seen by the mature company, that can be better applied, ensuring the
highest success rate based on the purpose and objective of the financing Corporation.

JEL Classification: M130.


Keywords: Corporate Venture Capital Corporate Accelerators Startup