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Managing venture team relationships in corporate incubators: a case study of network dynamics and political rivalry in a high-tech incubator
Authors:Majbritt Rostgaard Evald  Torben Bager
Institution:(1) Department of Entrepreneurship and Relationship Management, The University of Southern Denmark, Engstien 1, 6000 Kolding, Denmark;(2) International Danish Entrepreneurship Academy (IDEA), The University of Southern Denmark, Engstien 1, 6000 Kolding, Denmark
Abstract:This article addresses venture team relationships in an advanced high tech incubator through an analysis of the personal relationships of venture team members. During the study period of almost 2 years, the ventures were projected to grow and commercialise but, overall, they failed. Quantitative data collected in two rounds showed that commercial relationships remained weak while political relationships intensified. Qualitative follow-up interviews suggest that the political rivalry and low level of knowledge sharing between the ventures were further exacerbated by the individualistic-competitive structure of the incubator and weak management in some respects.
Keywords:Corporate venturing  High-tech ventures  Corporate incubator  Venture teams  Personal networks
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