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The investigation of interactive relationship between venture partners during internal venturing process.

Abstract
Due to the development of venture practices worldwide, many scholars have been studying ways of creating successful ventures; most of which are related to web-based individual ventures, organizational ventures or co-operative ventures. However, during an organizational venture, the interactive relationship among the partners might affect the venturing process. Although this type of research is limited, it still has its importance, and thus arouses a motivation for this research. This research is based on a case study relating to an organization that is undergoing an internal venture. Through interviews and analysis with the necessary information, this research concludes the following results:
1. According to the organization, the goal of internal venturing is to establish the possibility of different industry with the aid of government funding. After the failure of the bidding, the partners have decided to carry out the blueprint that was drawn for the bidding, and search for the possibility of other support.
2. The time for the venturing process is very tight. During the first 6 months of the plan, meetings were held regularly; after that there was a 1-month preparation and the organization was established. So, the partners have to cooperate in a short time, and conflicts and emotions are resulted. Competitions are common and conflicts cause the loss of professional skills.
3. After six months of operation, because of different opinions and insistence within the organization, as well as the eager to create revenue in a short period, the strategies of the organization have begun to fall away from the original plan. The amount of revenues does not meet the expectation and conflicts among the staff are increasing. Managers have begun to have doubts about the plan, and the venture partners are beginning to resign and the organization is beginning to collapse.
Keywords: Internal Venture, Venture Partners, Interactive Relationship.

Identiferoai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0902105-140050
Date02 September 2005
CreatorsHo, Ching-yu
Contributorsnone, none, none, none
PublisherNSYSU
Source SetsNSYSU Electronic Thesis and Dissertation Archive
LanguageCholon
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0902105-140050
Rightsoff_campus_withheld, Copyright information available at source archive

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