---
res:
  bibo_abstract:
  - <jats:p>Established companies are increasingly opening their innovation systems
    to stay ahead of the competition. In this context, collaboration with innovative
    and agile start-ups are gaining continuously more importance. In the past established
    companies often used common corporate venturing methods such as incubators, accelerators,
    or corporate venture capital for collaboration. Compared to these methods the
    venture client model is relatively new and was invented by BMW employees in 2014.
    Using the venture client model, established companies become early clients of
    the start-ups even it is still a venture to do so. Together they carry out a pilot
    project to develop a proof of concept and validate it under real conditions. If
    successful, they enter a long-term collaboration to integrate the start-up’s solution
    into products, processes, or business models of the established company. The aim
    of this paper is to sum up the current literature and set a foundation for future
    research on this topic. Therefore, we conduct a systematic literature review.
    As a result, we provide a definition of the venture client model, describe characteristics,
    present advantages from the perspective of established companies and start-ups.
    In addition, we summarize the state of research regarding strategy, process, and
    organizational structure and for the venture client model. In terms of strategy,
    future research should elaborate defining elements of a strategy as well as ways
    to integrate the venture client model into the corporate innovation-ecosystem.
    Focusing on the process additional research is needed on a venture client reference
    process and its integration into the corporate’s core processes. Referring to
    the organizational structure a reference architecture for a venture client unit
    as well as its positioning within the organization (e.g., innovation management
    or corporate strategy) should be further investigated.</jats:p>@eng
  bibo_authorlist:
  - foaf_Person:
      foaf_givenName: Lennard
      foaf_name: Haarmann, Lennard
      foaf_surname: Haarmann
  - foaf_Person:
      foaf_givenName: Fabian
      foaf_name: Machon, Fabian
      foaf_surname: Machon
  - foaf_Person:
      foaf_givenName: Martin
      foaf_name: Rabe, Martin
      foaf_surname: Rabe
  - foaf_Person:
      foaf_givenName: Laban
      foaf_name: Asmar, Laban
      foaf_surname: Asmar
  - foaf_Person:
      foaf_givenName: Roman
      foaf_name: Dumitrescu, Roman
      foaf_surname: Dumitrescu
      foaf_workInfoHomepage: http://www.librecat.org/personId=16190
  bibo_doi: 10.34190/ecie.18.1.1790
  bibo_issue: '1'
  bibo_volume: 18
  dct_date: 2023^xs_gYear
  dct_isPartOf:
  - http://id.crossref.org/issn/2049-1069
  - http://id.crossref.org/issn/2049-1050
  dct_language: eng
  dct_publisher: Academic Conferences International Ltd@
  dct_title: 'Venture Client Model: A systematic Literature Review@'
...