Bibliometric analysis of corporate venture capital in management and business literature


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Çavdar Çetin M., Akdemir Ömür G., Yazıcı S.

Scientific Journal of Space Management and Space Economy, vol.4, no.1, pp.15-33, 2024 (Peer-Reviewed Journal)

Abstract

Corporate Venture Capital (CVC) has sparked significant interest in the fields of management and business studies. This study utilizes bibliometric analysis to examine CVC from 1983 to 2024 within the management and business category, drawing from 281 data points from the Web of Science database. The aim is to discern the current state of research in the field, highlights and insights by meticulously analyzing the publication volume, authorship patterns, keyword co-occurrence, clustering, and timeline maps. The analysis reveals a notable increase in studies on corporate entrepreneurship in 2020, 2022, and 2023, with the most cited study being Dushnitsky & Lenox (2005), with 337 citations. Co-citation analysis highlights key themes related to CVC, including innovation, innovation strategy, external knowledge sources, alliance formation, and corporate entrepreneurship. The USA, Germany, and the UK produced the highest number of publications, with a concentration in the USA in 2016. This analysis demonstrates the historical and conceptual expansion of CVC in management and business literature, underscoring its significance as a mechanism for corporate innovation and strategic expansion.