This study provides a fine-grained analysis of the decision-making process and criteria underling the evaluation and selection of nascent corporate ventures. By integrating a small sample case-based analysis and the examination of a longitudinal dataset comprising 14 years of archival data, it explores the selection and funding process of early-stage entrepreneurial initiatives supported by the internal corporate venture unit of a major energy company. Its findings extend prior conceptualizations of the internal venture selection process, uncovering differences in the relevance of the criteria used to evaluate ventures at different stages.

中文翻译：

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公司如何评估和选择？

这项研究对新生公司风险的评估和选择基础上的决策过程和标准进行了细粒度的分析。通过整合基于案例的小样本分析和对包含14年档案数据的纵向数据集的检查，它探索了由一家大型能源公司的内部企业风险部门支持的早期创业计划的选择和筹资过程。其发现扩展了内部风险投资选择流程的先前概念，揭示了在不同阶段评估风险的标准相关性方面的差异。