Ambidextrous orientation and performance in corporate venture units: A multilevel analysis of CV units in emerging market multinationals

The aim of this article is to examine absorptive capacity and innovation-oriented corporate culture as moderators of the relationship between the ambidexterity of a CV unit and its performance. Accordingly, we propose that the absorptive capacity of a CV unit and an innovation-oriented, corporate culture positively moderate the effect of a CV unit's ambidexterity on its performance. We test our hypotheses with data from 180 CV units and their Taiwanese parent firms. Our paper contributes to a more fine-grained understanding of the role of ambidexterity in the CV units of emerging-market MNCs.