Corporate Venturing

Corporate Venturing

Organizing for Innovation

Jessica van den Bosch and Geert Duysters

Large organizations are seen to be struggling to keep up with today's fast changing market and technological developments. However, an increasing number of firms have started to engage in corporate venturing as a way to enhance their innovation process. This book fills the gap in management literature by providing a detailed account of best practices in the organization and management of such corporate ventures. The authors highlight eight main cases of organizations that employ corporate venturing within their firms. The cases are illustrative in showing how leading corporations organize their corporate venturing process and by highlighting the best practices that can be distilled from their experience.

Chapter 6: Eindhoven University of Technology’s InnovationLab: commercializing scientific research for scientific research itself

Jessica van den Bosch and Geert Duysters

Subjects: business and management, corporate governance, entrepreneurship, organisational innovation, innovation and technology, organisational innovation


After receiving his degree in agricultural engineering from Wageningen University, Bart de Jong ended up doing IT work in the agricultural world. The technological expertise he acquired landed him a job a few years later with the Brabant Development Agency (BOM) in their Development & Innovation department. He worked there for 11 years and was charged with starter financing for the last six of those, during which he managed three funds for start up companies. In mid 1999, the BOM Starters Center was given office space on the campus of Eindhoven University of Technology (TU/e). Within two years, De Jong was offered the director’s position at Eutech Park, the university’s incubator. That opportunity appealed to him, especially since he felt he had more to offer entrepreneurial companies than just helping them find funding. ‘I thought the coaching aspect, helping people start their companies, was much more interesting’, he says.

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