Direct and indirect social ties in corporate venture capital: Implications for startup innovation

Yuanni Mu

doi:10.1016/j.frl.2026.110585

Direct and indirect social ties in corporate venture capital: Implications for startup innovation

2026-07-27

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Yuanni Mu *

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Yi Tan

DOI：10.1016/j.frl.2026.110585

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• Construct a unique dataset on CVC parent-startup social ties. • Direct social ties are positively associated with startup innovation outcomes. • Indirect social ties exhibit no significant relationship with startup innovation. • The association is stronger when CVC parents provide services, assets, and political resources.

Direct and indirect social ties in corporate venture capital: Implications for startup innovation

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