Corporate venture capital and corporate accelerators: differences and similarities

ABSTRACT

The research aims to point out the differences and similarities between Corporate Venture Capital (CorpVC) and Corporate Accelerators (AC), as mechanisms of collaboration between mature companies and Startups. The research highlighted that the phenomenon of Corporate Accelerators and Corporate Venture Capital are open innovation practices, which can be semi-institutionalized in companies that intend to seek innovation in external environments. The fact that CorpVC and AC are based on strategic objectives, and not only financial ones, differentiate them from other types of investments made directly in companies, however, it was noticed that both strategies have crucial differences, which as previously seen by the mature company, that can be better applied, ensuring the highest success rate based on the purpose and objective of the financing Corporation.

KEYWORDS:
Corporate Venture Capital; Corporate Accelerators; Startup