The International Journal of Professional Management - ISSN 20422341
Indirectly Managed Corporate Venture Capital as an Engagement Model for Co-Creating 5G-Ready Services in Telecom – Start-up Collaborations: Success Factors for Creating Shared Value in Emerging Markets
Volume 16, Issue 1, February 2021
Mothilal De Silva
DBA Candidate (IPE Management School, Pole Paris Alternance),
MSc, (IT) (Keele University, UK), MBA (PG Institute of Management, Sri Lanka).
BSc (Prod Eng) (University of Pera, Sri Lanka)
mothilal.de.silva@gmail.com
William Chua
PhD (Management) (MMU), MBA (Henley/Brunel U, UK), BSC (Maths/Ed) (USM), MMIM, MIIKM, Honorary Fellow (IPMA, UK), Professor and Doctoral Supervisor, IPE Management School, Pole Paris Alternance
Abstract
The telecom industry's revenue streams from core products are at stake due to digital disruption. Telcos have realised the need to keep up with fast pace of innovation for filling the gaps in top line, bottom line and the necessity to establish symbiotic relationships with start-ups who have the advantage of organisational agility and new business models. But so far the successes of Telcos and collaborative undertakings through different “inside-out” and “outside-in” engagement models such as corporate venture capital (CVC), are inadequate and unsustainable. The issues are high focus on financial returns while losing sight of customer centric innovation for future / 5G and poor engagement. The objective of this research is to ascertain the strategies to overcome these issues, intra-firm specific success factors, and to explore the ways of achieving gainful engagements that lead to create shared value. Case study combined with grounded theory is adopted as the research methodology. Data gathered through interviews, observations and documents were analysed by employing GT coding techniques to develop a conceptual framework for successful collaboration.
Key Words
Strategic fit, Transformational leadership, Collaborative Ecosystem, Responsive Co-Creation, Creating Shared Value
Abbreviations
AI - Artificial Intelligence API - Application programming interface CSV - Creating shared value CVC - Corporate venture capital GT - Grounded theory IoT - Internet of Things IOU - Independent operating units OTT - Over the top TBL - Triple Bottom LineTo View Full Article, Please Login
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