Corporate venturing has been recognized as an effective mechanism to foster organizational innovation and change, enhancing firms' competitive advantage. This study analyzes the impact of corporate venturing support on strategic deviation and entrepre...
Corporate venturing has been recognized as an effective mechanism to foster organizational innovation and change, enhancing firms' competitive advantage. This study analyzes the impact of corporate venturing support on strategic deviation and entrepreneurial culture, with a comparative focus on how these effects differ between large enterprises and SMEs. Using data from the Entrepreneurship Survey for Firms, the findings reveal that corporate venturing support exerts a stronger influence on strategic deviation in large enterprises, while its impact on entrepreneurial culture is more pronounced in SMEs. By extending the scope of previous research, which predominantly centered on large enterprises, this study incorporates the unique contexts of SMEs to evaluate the distinct roles and effects of corporate venturing. The findings provide practical implications for designing corporate venturing strategies tailored to the firm size, offering valuable insights for fostering sustainable innovation and competitiveness across organizational size.