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1. Ansoff, 1.1965. Corporate Strategy. New York: McGraw-Hill.

2. Helfat, C. E. and R. S. Raubitschek. 2001. "Product sequencing: Co-evolution of knowledge, capabilities, and products." Strategic Management Journal 21:961-980. Matsusaka, J. G. 2001. "Corporate diversification, value maximization, and organizational capabilities." Journal of Business 74:409-432.

3 . Porter, M. E. 1987. "From competitive advantage to corporate strategy." Harvard Business Review May/June:43-59.

4. Teece, D. J. 1980. "Economies of scope and the scope of the enterprise." Journal of Economic Behavior and Organization 1:223-247.

5. Chari, M.D.R., S. Devaraj, and P. David. 2008. "The impact of information technology investments and diversification strategies on firm performance." Management Science 54(1):224-234.

6 . Ravichandran, T., Y. Liu, S. Han, and I. Hasan. 2009. "Diversification and firm performance: Exploring the moderating effects of information technology spending." Journal of Management Information Systems 25(4):205-240.

7. Ibid.

8. Jones, G. R. and C. Hill. 1988. "Transaction cost analysis of strategy-structure choice." Strategic Management Journal 9(2):159-172.

9. Ravichandran, T., Y. Liu, S. Han, and I. Hasan. 2009.

10. Kor, Y., and J. T. Mahoney. 2000. "Penrose's resource-based approach: The process and product of research creativity." Journal of Management Studies 37(1):109-139. Teece, D. J., R. Rumelt, G. Dosi, and S. Winter. 1994. "Understanding corporate coherence: Theory and evidence." Journal of Economic Behavior and Organization 23:1-30.

11. Teece, D. J., R. Rumelt, G. Dosi, and S. Winter. 1994.

12. Mayer, M., and R. Whittington. 2003. "Diversification in context: A cross-national and cross-temporal extension." Strategic Management Journal 24(8):773-781. McGrath, R. G., and A. Nerkar. 2004. "Real options reasoning and a new look at the R&D investment strategies of pharmaceutical firms." Strategic Management Journal 25(1):1-21.

13. Khanna, T., and K. Palepu. 2000. "The future of business groups in emerging markets: Long-run evidence from Chile." Academy of Management Journal 43:268-285.

14 . Greene, P. G., C. G. Brush, and M. M. Hart. 1999. "The corporate venture champion: A resource-based approach to role and process." Entrepreneurship Theory & Practice 23(3):103-122.

15. Christensen, C. 1997. The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Boston: Harvard Business Press.

16. Lu, J., and P. W. Beamish. 2004. "International diversification and firm performance: The S-curve hypothesis." Academy of Management Journal 47(4):598-609.

17 . Brusch, T. H. 1996. "Predicted change in operational synergy and postacquisition performance of acquired business." Strategic Management Journal 17:1-24.

18. Lubatkin, M., and S. Chatterjee. 1994. "Extending modern portfolio theory into the domain of corporate diversification: Does it apply?" Academy of Management Journal 37:109-136.

19. Chatterjee, S., and B. Wernerfelt. 1991. "The link between resources and type of diversification: Theory and evidence." Strategic Management Journal 12:33^8.

20. Argyres, N. 1996. "Capabilities, technological diversification, and divisionalization." Strategic Management Journal 17:395-410.

21. Hitt, M. A., R. D. Ireland, and R. E. Hoskisson. 1999. Strategic management. Cincinnati: South-Western.

22. Ibid.

23. Kor, Y., and J. T. Mahoney. 2000. Sirmon, D. G., M. A. Hitt, and R. D. Ireland. 2007. "Managing firm resources in dynamic environments to create value: Looking inside the black box." Academy of Management Review 32(1):273-292.

24. Farjoun, M. 1994. "Beyond industry boundaries: Human expertise, diversification and resource-related industry groups." Organization Science 5(2):185-199.

25. Cannella, A. A., and M. J. Monroe. 1997. "Contrasting perspectives on strategic leaders: Toward a more realistic view of top managers." Journal of Management 23:213-237. Finkelstein, S., and D. C. Hambrick. 1996. Strategic Leadership: Top Executives and Their Effects on Organizations. St. Paul: West Publishing.

26. May, D. L. 1995. "Do managerial motives influence firm risk reduction strategies?" Journal of Finance 50:1291-1308. Amihud, Y., and B. Lev. 1981. "Risk reduction as a managerial motive for conglomerate mergers." Bell Journal of Economics 12:605-617.

27. Gray, S. R., and A. A. Cannella. 1997. "The role of risk in executive compensation." Journal of Management 23:517-540. Tosi, H., and L. Gomez-Mejia. 1989. "The decoupling of CEO pay and performance: An agency theory perspective." Administrative Science Quarterly 34:169-189.

28 . Finkelstein, S., and R. A. D'Aveni. 1994. "CEO duality as a double-edged sword: How boards of directors balance entrenchment avoidance and unity of command." Academy of Management Journal 37:1070-1108.

29. Brush, T. H., P. Bromiley, and M. Hendrickx, 2000. "The free cash flow hypothesis for sales growth and firm performance." Strategic Management Journal


30. David, P., J. O'Brien, T. Yoshikawa, and A. Delios. 2010. "Do shareholders or stakeholders appropriate the rents from corporate diversification? The influence of ownership structure." Academy of Management Journal 53:636-654.

31. Kim, H., R. E. Hoskisson, and W. P. Wan. 2004. "Power dependence, diversification strategy, and performance in keiretsu member firms." Strategic Management Journal 25:613-636.

32. Rumelt, R. P. 1974. Strategy, Structure, and Economic Performance. Cambridge, MA: Harvard University Press.

33. Ibid.

34. Markides, C. C. 1995. "Diversification, restructuring, and economic performance." Strategic Management Journal 16:101-118.

35 . Hoskisson, R. E., M. A. Hitt, R. A. Johnson, and D. S. Moesel. 1993. "Construct validity of an objective (entropy) categorical measurement of diversification strategy." Strategic Management Journal 14:215-235.

36. David, F. R. 2011. StrategicManagement: Concepts and Cases. Boston: Prentice Hall.

37. Kuratko, D. F., J. G. Covin, and R. P. Garrett. 2009. "Corporate venturing: Insights from actual performance." Business Horizons 52:459-467.

38. Ibid.

39. Hamel, G. 2000. Leading the Revolution. Boston: Harvard Business School Press, p. 115.

40. Shane, S., and S. Venkataraman. 2000. "The promise of entrepreneurship as a field of research." Academy of Management Review 25(1):217-226.

41. Morris, M. H., D. F. Kuratko, and J. G. Covin. 2008. Corporate Entrepreneur-ship and Innovation. Mason, OH: Thomson South-Western.

42. Kuratko, D. F., J. G. Covin, and R. P. Garrett. 2009.

43. Morris, M. H., D. F. Kuratko, and J. G. Covin. 2008.

44. Burgelman, R. A. 1983. "Corporate entrepreneurship and strategic management: Insights from a process study." Management Science 29:1349-1364. Burgelman, R. A., and L. Sayles. 1986. Inside Corporate Innovation: Strategy, Structure, and Managerial Skills. New York: Free Press.

45. Burgelman, R. A. 1988. "Strategy making as a social learning process: The case of internal corporate venturing." Interfaces 18(3):74-85.

46 . McGrath, R. G., S. Venkataraman, and I. C. MacMillan. 1994. "The advantage chain: Antecedents to rents from internal corporate ventures." Journal of Business Venturing 9:351-369.

47. von Hippel, E. 1977. "Successful and failing internal corporate ventures: An empirical analysis." Industrial Marketing Management 6:163-174.

48 . For example, McGrath, R. G., T. Keil, and T. Tukiainen. 2006. "Extracting value from corporate venturing." MIT Sloan Management Review 48(1):50-56.

49. Shortell, S. M., and E. J. Zajac. 1988. "Internal corporate joint ventures: Development processes and performance outcomes." Strategic Management Journal 9(6):527-542.

50. Biggadike, R. 1979. "The risky business of diversification." Harvard Business Review 57(3):103-111.

51. Burgelman, R., and L. Valikangas. 2005. "Managing internal corporate venturing cycles." MIT Sloan Management Review 46(4):26-34.

52. Garvin, D. A. 2002. "A note on corporate venturing and new business creation." Harvard Business School Note 9-302-091. Garvin, D. A., and L. C. Levesque. 2006. "Meeting the challenge of corporate entrepreneurship." Harvard Business Review 84(10):102-112.

53 . Burgers, J. H., J. Jansen, F. Van den Bosch, and H. Volberda. 2009. "Structural differentiation and corporate venturing: The moderating role of formal and informal integration mechanisms." Journal of Business Venturing 24(3):206-220.

54. Day, D. 1994. "Raising radicals: Different processes for championing innovative corporate ventures." Organization Science 5(2):148-172.

55 . Venkataraman, S., I. C. MacMillan, and R. G. McGrath. 1992. "Progress in research on corporate venturing." In The State of the Art of Entrepreneurship edited by D. L. Sexton and J. D. Kasarda, 487-519. Boston: PWS-Kent.

56. Van de Ven, A. H., S. Venkataraman, D. Polley, and R. Garud. 1989. "Processes of new business creation in different organizational settings." In Research on the Management of Innovation edited by A. H. Van de Ven, H. Angle, and M. S. Poole, 221-297. New York: Harper & Row.

57. Greene, P. G., C. G. Brush, and M. M. Hart. 1999.

58. Block, Z. 1989. "Damage control for new ventures." Journal of Business Strategy 10(2):22-28.

59 . Tidd J., and S. Taurins. 1999. "Learn or leverage? Strategic diversification and organizational learning through corporate ventures." Creativity and Innovation Management 8(2):122-129.

60. Ibid.

61. Ibid. Covin, J. G., and M. P. Miles. 2007. "Strategic use of corporate venturing." Entrepreneurship Theory and Practice 31(2):183-207.

62. Burgelman, R. A. 1984. "Designs for corporate entrepreneurship in established firms." California Management Review 26(3):154-166.

63. For example, Simon, M., S. M. Houghton, and J. Gurney. 1999. "Succeeding at internal corporate venturing: Roles needed to balance autonomy and control." Journal of Applied Management Studies 8(2):145-158.

64. Burgelman, R. A. 1984.

65. Ibid.

66. Garvin, D. A. 2002.

67. Simon, M., S. M. Houghton, and J. Gurney. 1999.

68. Ibid. Birkinshaw, J., and S. Hill. 2005. "Corporate venturing units: Vehicles for strategic success in the new Europe." Organizational Dynamics 34(3):247-257.

69 . Block, Z., and I. MacMillan. 1993. Corporate Venturing: Creating New Businesses with the Firm. Boston: Harvard Business School Press.

70. Simon, M., S. M. Houghton, and J. Gurney. 1999.

71. Campbell, A., M. Goold, and M. Alexander. 1995. "Corporate strategy: The quest for parenting advantage." Harvard Business Review 73(2):120-132.

72. Hill, S. A., and J. Birkinshaw. 2008. "Strategy-organization configurations in corporate venture units: Impact on performance and survival." Journal of Business Venturing 23:423-444. Thornhill, S., and R. Amit. 2001. "A dynamic perspective of internal fit in corporate venturing." Journal of Business Venturing 16(1):25-50.

73. For example, Kuratko, D. F., J. G. Covin, and R. P. Garrett. 2009.

74. Campbell, A., M. Goold, and M. Alexander. 1995.

75. Sorrentino, M., and M. L. Williams. 1995. "Relatedness and corporate venturing: Does it really matter?" Journal of Business Venturing 10:59-73.

76. Rumelt, R. P. 1974.

77. St John, C.H.S., and J. S. Harrison. 1999. "Manufacturing-based relatedness, synergy, and coordination." Strategic Management Journal 20(2):129-145.

78. Robins, J. A., and M. F. Wiersema. 1995. "A resource-based approach to the multibusiness firm: Empirical analysis of portfolio interrelationships and corporate financial performance." Strategic Management Journal 16(4):277-299. Silverman, B. S. 1999. "Technological resources and the direction of corporate diversification: Toward an integration of the resource-based view and transaction cost economics." Management Science 45(8):1109-1124.

79. Tanriverdi, H., and N. Venkatraman. 2005. "Knowledge relatedness and the performance of multibusiness firms." Strategic Management Journal 26:97-119.

80 . Fast, N. D. 1979. "The future of industrial new venture departments." Industrial Marketing Management 8(1):264-273.

81. Sorrentino, M., and M. L. Williams. 1995.

82. Teece, D. J. 1980.

83. McGrath, R. G., T. Keil, and T. Tukiainen. 2006.

84. Garvin, D. A., and L. C. Levesque. 2006.

85. Ocasio, W. 1997. "Towards an attention-based view of the firm." Strategic Management Journal 18:187-206.

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