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1 Introduction Corporate venture capital (CVC) has become a powerful tool to access emerging technologies and market segments (Benson and Ziedonis 2009; Dushnitsky and Lenox 2005b; Pinkow and Iversen 2020). As sustainability has become a strategic priority (Block et al. 2024), stakeholder scrutiny reinforces pressure to embed it into corporate strategies. CVC can advance corporate sustainability goals by leveraging startup innovations (Wunder and Maula 2026).
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