Author(s): Gonçalves, Rodrigo
Date: 2024
Persistent ID: http://hdl.handle.net/10400.14/45304
Origin: Veritati - Repositório Institucional da Universidade Católica Portuguesa
Subject(s): Exploitation; Exploration; Corporate venture capital; Static ambidexterity; Dynamic ambidexterity; Green innovation; Environmental performance; Exploração; Aproveitamento; Capital de risco corporativo; Ambidestria estática; Ambidestria dinâmica; Inovação verde; Desempenho ambiental
This thesis examines the influence of various ambidexterity tactics on green innovation among corporate investors. It explores how these investors might improve their environmental performance by acquiring green innovation through ambidextrous Corporate Venture Capital (CVC) investments. The study reveals that American corporate investors, totaling 126, can successfully leverage green innovation by making ambidextrous investments with entrepreneurial enterprises. Although static ambidexterity has negative effects, corporate investors who pursue dynamic ambidexterity or a combination of dynamic and static ambidexterity show enhanced outcomes in green innovation. The research demonstrates a clear connection between the green innovation of corporate investors and their enhanced environmental performance, particularly in terms of reducing greenhouse gas (GHG) emissions. The study contends that ambidextrous CVC investments serve as a gateway for corporate investors to elevate their environmental performance through the strategic acquisition of green innovation. Crucially, the results highlight that companies can enhance their environmental and Environmental, Social, and Governance (ESG) ratings by proactively adopting green innovation. This research provides significant insights for company managers, regulators, and government bodies, delivering practical knowledge for establishing environmentally friendly practices in corporate investment strategies.
