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corporate venture capital, value creation, and innovation
Corporate Venture Capital, Value Creation,
and Innovation
Thomas J. Chemmanur
Carroll School of Management, Boston College
Elena Loutskina
Darden School of Business, University of Virginia
Xuan Tian D
o
w
Kelley School of Business, Indiana University and PBC School of Finance, n
l
o
a
Tsinghua University d
e
d
f
r
o
m
We analyze how corporate venture capital (CVC) differs from independent venture capital
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