Vadim Kotelnikov    


Venture Strategies: Managing Radical Innovation Separately through Creating External Start-Ups


Business e-Coach     



The need for managing radical innovation separately Innovation Project Management: 2 Routes Radical Project Management Spinouts Innovation Management VK on Innovation Internal Startups Who Can Implement a Radical Innovation Project How to implement an innovation project

Benefits of Spinouts

  • Higher flexibility

  • Analyzing all the available opportunities and selecting the best one

  • Exploiting the chance to create a new, profitable business

  • Better staff motivation and incentive compensation

  • Area of pioneering offering entrepreneurs a large degree of creativity

  • Tax benefits

Corporate Venture Strategies

Technology Commercialization: Venture Options    Radical Innovation

Managing New Ventures

Venture Management vs. Corporate Management

Who Can Implement a Radical Innovation Project  >>  Internal Startups

Radical Project Management   >>  Improvisation-driven Model

Implementing Projects through Spinouts

Lessons from Leaders

Thermo Electron    Bunsha



1. "High-tech Start Up", John L. Nesheim

2. "Venture Catalyst", Donald L. Laurie

The Need for Managing Radical Innovation Separately

A New Product or service may be launched either from within an established management system or from a brand-new operation. In both cases, autonomy is a precondition of success however.



Innovation needs to be managed separately as the established company would load insupportable burdens on the new venture: burdensome examples include highly structured reward schemes, return-on-investment targets, and lack of clear accountability for the venture... More

Managing Innovation through Spin-outs

Technology spinouts are designed to provide independence and space for action and allow management to enhance market capitalization. New ventures established as independent companies can more readily fulfill their potential. In this case, the entrepreneurs do not have to argue with superiors or put up with interference.

A spin-out enterprise differs from a spin-off. Spinouts remain closely tied to the company that developed them. In most cases, the ties are both financial and operational. Financial ties can be enforced through interlocking of stock ownership and financial oversight by the parent company. Operational ties may include shared professional and administrative services as well as marketing and leadership support. 

Top Management Support

However small the new ventures may be in relation to its parent, a top manager must have the specific assignment to work on tomorrow as a strategic innovator  and entrepreneur and be responsible for developing and implementing corporate venture strategies.




Sun Tzu: The Art of War

Victory comes from

having a capable commander and

 the government leaving him alone.

Sun Tzu

The Art of War

Peter Drucker advice

For in-company ventures in an established business, insulate the new venture from the main business... More

Peter Drucker