Ambidextrous positioning of Asian IVCs and CVCs from a knowledge-based view

This study aims to investigate the potential ambidexterity of Asian Institutional Venture Capitalists (IVCs) and Asian Corporate Venture Capitalists (CVCs) when their ambidexterity could be considered as the output of a Knowledge-Based View (KBV) and the input for their strategic marketing positioning. The data that have been analysed were retrieved from Crunchbase.com, and they regard the 50 most active Asian IVCs and Asian CVCs (in the period from 2017 to 2020). The Asian VCs under investigation show similar ambidexterity, but with different intensity, adopting analogous strategies, but with diverse tactics. More specifically, Asian IVCs demonstrate greater venture capability (probably due to their institutional aims) and concentration on monetary goals, and they seem to adopt ambidextrous behaviours ('exploring innovations'). On the opposite, Asian CVCs seem more propense to fund companies that are aligned with their strategy and that are related to their core-business ('exploiting developments'), empirically demonstrating less intense orientation to ambidexterity.