Publication in Entrepreneurship Theory and Practice on Corporate Venture Capital and Product Recalls

01/13/2023

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Together with researchers from WWU Münster, JProf. Dr. Simon Hensellek examined the effects of corporate venture capital and strategic alliances on product recalls by U.S. companies in their study "Beneficial, Harmful, or Both? Effects of Corporate Venture Capital and Alliance Activity on Product Recalls".

Based on the resource-based view (RBV) and learning theory, the research team examined the effect of corporate venture capital and strategic alliances of firms on product recalls. Based on a panel data set of 75 large companies listed on the S&P 500, the team found that corporate venture capital and strategic alliances have an inverted U-shaped relationship with the likelihood of a product recall. These relationships are additionally dependent on the severity of current market turbulence.

The study sheds new light on the research of opportunities and risks of corporate venturing. In addition, the study contributes to the resource-based view and learning theory by illustrating why some companies benefit from corporate venturing and others not.

Entrepreneurship Theory and Practice Journal (ETP) is an internationally leading international entrepreneurship journal: Clarivate Impact Factor 2021: 9.993; Australian Business Deans Council: A*; Scimago Journal Ranking: Q1; VHB JOURQUAL3: A.

Citation:

Bendig, D., Hensellek, S., & Schulte, J. (2023). Beneficial, Harmful, or Both? Effects of Corporate Venture Capital and Alliance Activity on Product Recalls. Entrepreneurship Theory and Practice. https://doi.org/10.1177/10422587221141682

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The campus of TU Dortmund University is located close to interstate junction Dortmund West, where the Sauerlandlinie A 45 (Frankfurt-Dortmund) crosses the Ruhrschnellweg B 1 / A 40. The best interstate exit to take from A 45 is "Dortmund-Eichlinghofen" (closer to Campus Süd), and from B 1 / A 40 "Dortmund-Dorstfeld" (closer to Campus Nord). Signs for the university are located at both exits. Also, there is a new exit before you pass over the B 1-bridge leading into Dortmund.

To get from Campus Nord to Campus Süd by car, there is the connection via Vogelpothsweg/Baroper Straße. We recommend you leave your car on one of the parking lots at Campus Nord and use the H-Bahn (suspended monorail system), which conveniently connects the two campuses.

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TU Dortmund University has its own train station ("Dortmund Universität"). From there, suburban trains (S-Bahn) leave for Dortmund main station ("Dortmund Hauptbahnhof") and Düsseldorf main station via the "Düsseldorf Airport Train Station" (take S-Bahn number 1, which leaves every 20 or 30 minutes). The university is easily reached from Bochum, Essen, Mülheim an der Ruhr and Duisburg.

You can also take the bus or subway train from Dortmund city to the university: From Dortmund main station, you can take any train bound for the Station "Stadtgarten", usually lines U41, U45, U 47 and U49. At "Stadtgarten" you switch trains and get on line U42 towards "Hombruch". Look out for the Station "An der Palmweide". From the bus stop just across the road, busses bound for TU Dortmund University leave every ten minutes (445, 447 and 462). Another option is to take the subway routes U41, U45, U47 and U49 from Dortmund main station to the stop "Dortmund Kampstraße". From there, take U43 or U44 to the stop "Dortmund Wittener Straße". Switch to bus line 447 and get off at "Dortmund Universität S".

The H-Bahn (Suspended Monorail System)

The H-Bahn is one of the hallmarks of TU Dortmund University. There are two stations on Campus Nord. One ("Dortmund Universität S") is directly located at the suburban train stop, which connects the university directly with the city of Dortmund and the rest of the Ruhr Area. Also from this station, there are connections to the "Technologiepark" and (via Campus Süd) Eichlinghofen. The other station is located at the dining hall at Campus Nord and offers a direct connection to Campus Süd every five minutes.

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The AirportExpress is a fast and convenient means of transport from Dortmund Airport (DTM) to Dortmund Central Station, taking you there in little more than 20 minutes. From Dortmund Central Station, you can continue to the university campus by interurban railway (S-Bahn). A larger range of international flight connections is offered at Düsseldorf Airport (DUS), which is about 60 kilometres away and can be directly reached by S-Bahn from the university station.

At campus

The departments of TU Dortmund University are spread over two campuses, the larger Campus North and the smaller Campus South. Additionally, some areas of the university are located in the adjacent "Technologiepark".