Corporate Venturing in Sustainability Transition: Conceptual Framework
7th International Conference on Finance, Economics, Management and IT Business (FEMIB 2025): Proceedings 2025
Diāna Šmite

Corporate venturing serves as a bridge between the innovative potential of startups and the scale and resources of established corporations. Corporate venturing has become an increasingly important mechanism for facilitating sustainability transitions, but its unique attributes in the sustainability context are yet to be adequately addressed. In response, this study seeks to fill this gap by proposing a conceptual framework that emerges from an integrative literature review and qualitative content analysis of 42 scholarly articles. The five primary themes that emerged as essential are innovation, ecosystems, partnerships/networks, transition/transformation, shared value creation, and new business models. The proposed framework contributes to the theoretical conversations around sustainable corporate venturing and offers practical insights for practitioners seeking to integrate corporate strategies with sustainability objectives. This study lays a foundation for future empirical and theoretical research by synthesizing fragmented perspectives and offering structured guidance.


Keywords
Sustainability transition, Sustainable corporate venturing, Sustainability transformation, Corporate entrepreneurship, Corporate venturing
DOI
10.5220/0000189400003956
Hyperlink
https://www.insticc.org/node/TechnicalProgram/femib/2025/presentationDetails/132400

Šmite, D. Corporate Venturing in Sustainability Transition: Conceptual Framework. In: 7th International Conference on Finance, Economics, Management and IT Business (FEMIB 2025): Proceedings, Portugal, Porto, 5-6 April, 2025. [Setúbal]: SciTePress, 2025, pp.38-50. ISBN 978-989-758-748-1. ISSN 2184-5891. Available from: doi:10.5220/0000189400003956

Publication language
English (en)
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