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Corporate Venturing Managing the Innovation Family in a Dynamic World
corporate venturing Managing the innovation family in a dynamic world Corina Kuiper Fred van Ommen Copyright page VOC Uitgevers Postal Box 366 6500 AJ Nijmegen www.voc-uitgevers.nl Design & lay-out mw:ontwerp, Nijmegen Production Rocim, Oosterbeek ISBN 978-90-79812-17-2 NUR 800 First printing, March 2015 All rights reserved. This book or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of the Publisher except for the use of brief quotations in a book review. This publication has been made possible by a generous dotation from Corporate Venturing Network Netherlands (CVNN). Table of Contents Preface 5 1 Introduction 7 1.1 Corporate Venturing: Go Dutch 7 1.2 Corporate Venturing Network Netherlands (CVNN) 9 1.3 About this book 14 2 Corporate Venturing – Principles 15 2.1 Corporate Venturing: a contradiction in terms 15 2.2 Corporate Venturing has become a necessity: live or die 17 2.3 Waves of Corporate Venturing 21 2.4 Different flavours of Corporate Venturing 27 2.5 Granularity of Innovation: the Innovation family 47 2.6 Managing the generation gap: the differences in behaviour 53 2.7 The five levels of Corporate Venturing 67 2.8 Entrepreneurship: causation versus effectuation 81 3 Corporate Venturing – In practice 91 3.1 AGC Asahi glass 92 3.2 ASML – Fulfilling the potential of semiconductor lithography 98 3.3 Bekaert – Better Together 104 3.4 Brightlands Chemelot Campus – Chemistry connects people 110 3.5 DPI (Dutch Polymer Institute) & DPI Value Centre 119 3.6 DSM - Bright -
When the Ladies of Love Left
When the Ladies of Love Left Contact: Sanne Derks [email protected] www.sannederks.com Ingrid Gercama [email protected] www.anthrovision.com When the Ladies of Love Left… Mariska (a pseudonym) fears what will happen with her little savings now the COVID19 outbreak rages on. It has already been weeks since the Ministry of Health’s Outbreak Management Team has prohibited so-called "contact professions", and Mariska and her colleagues have been at home ever since. "Some ladies will suffer unbearably", the representative of the Prostitution Information Centre (PIC) says. Many sexworkers she knows work illegally behind the famous red light windows and will not be able to access social emergency care. "They will be out on the street before long". Others, she says, continue to work out of pure necessity, risking their own and families' health. The COVID-19 pandemic has a severe impact on the daily life of Amsterdam’s Red Light District. There is no area in the Netherlands where the measures to prevent the disease from spreading have created such a large contrast with the daily status-quo than at ‘de Wallen’, as the area with many brothels, coffeeshops and sex workers is cal- led. The streets are empty -- tourists, customers that usually brought much needed money, have long gone. This photo story tells the story of the ladies of love and explores their fears, doubts and shows what actually happened when the red curtains closed. About us: Sanne is a Dutch photojournalist with a strong focus on social documentary projects. She publishes in various me- dia e.g. -
Briefing on Legal Prostitution in the Netherlands: Policies, Evaluations, Normalisation
Briefing on legal prostitution in The Netherlands: policies, evaluations, normalisation Author: Karin Werkman Date: June 2016 Website: http://feminismandhumanrights.org 1. Introduction In 2000 The Netherlands became the first country to legalise all aspects of prostitution. It has since been a strong advocate for its pragmatic approach. This brief explains the Dutch law, lists research on the effects and outcomes of it, and explains the pending law proposal and current discussions. The image that always comes to mind when discussing the Dutch prostitution policy is that of the statue of Belle in Amsterdam. It is an almost symbolic translation of Dutch thinking on prostitution. It translates the view that The Netherlands have on prostitution, on what prostitution is. It is the figure of a woman in a window frame, in a self- confident, proud posture, hands on her hips, chin in the air. The statue was placed on the square in April 2007, unveiled at the first open doors day of the red light district1. Less than a month earlier, the newspapers reported on a study that had been published on prostitution in Rotterdam. It found that more than half of the prostituted women in Rotterdam ‘worked illegally’. ‘Working illegally’ meant that the women had been either forced into prostitution; were illegal (no residence status); were minors or worked in ‘illegal sex establishments’2. If in Rotterdam at least half of the women weren’t in prostitution legally or voluntarily, then how could they place a statue for them in Amsterdam in the same month? This contradiction, between the thinking on prostitution and the reality of it, is the topic of this brief. -
The Emergence of the Corporate Form
JLEO, V33 N2 193 The Emergence of the Corporate Form Giuseppe Dari-Mattiacci Downloaded from https://academic.oup.com/jleo/article-abstract/33/2/193/3089484 by Universiteit van Amsterdam user on 07 October 2018 University of Amsterdam Oscar Gelderblom Utrecht University Joost Jonker Utrecht University and University of Amsterdam Enrico C. Perotti University of Amsterdam and CEPR We describe how, during the 17th century, the business corporation gradually emerged in response to the need to lock in long-term capital to profit from trade opportunities with Asia. Since contractual commitments to lock in capital were not fully enforceable in partnerships, this evolution required a legal innovation, essentially granting the corporation a property right over capital. Locked-in cap- ital exposed investors to a significant loss of control, and could only emerge where and when political institutions limited the risk of expropriation. The Dutch East India Company (VOC, chartered in 1602) benefited from the restrained executive power of the Dutch Republic and was the first business corporation with permanent capital. The English East India Company (EIC, chartered in 1600) kept the traditional cycle of liquidation and refinancing until, in 1657, Giuseppe Dari-Mattiacci gratefully acknowledges the financial support by the Netherland Organization for Scientific Research (NWO VIDI grant 016.075.332) and the Becker-Friedman Institute at the University of Chicago (BFI Fellowship winter 2012). The authors would like to thank Kenneth Ayotte, Douglas Baird, Patrick -
Benchmarking IP in Its Evolution to Asset Class Status
Do Not Delete 6/6/2015 12:16 PM From a Patent Market for Lemons to a Marketplace for Patents: Benchmarking IP in Its Evolution to Asset Class Status Ian D. McClure* INTRODUCTION An emphasis on strategic patent management as an independent business operation has created a sophisticated patent intermediary and services market over the past ten years, spurring an influx of patent service firms and tools which make patent research a more manageable endeavor.1 In that same time period, intermediaries, brokers, agents, and other non-practicing entities (NPEs)—patent holding companies without operations independent of patent monetization—have entered the patent market in search of high-margin returns. The concurrent timing of both phenomena is a result of the interrelated upward swing of IP value and risk. The value of intangible assets (of which intellectual property is a component) relative to other corporate assets has ballooned from 20% to 80% of corporate value since 1975.2 Supporting the proximate accuracy of this measurement is the incredible * Ian D. McClure is an experienced corporate, M&A, and intellectual property transactions attorney and licensing professional. He is a member of the “IAM Strategy 300 – The World’s Leading IP Strategists” (IAM Magazine) and an adjunct faculty member at Chicago-Kent College of Law. B.A. in Economics from Vanderbilt University (cum laude), J.D. from Chapman University Fowler School of Law (magna cum laude), and L.L.M. from DePaul University College of Law. Special thank you to Kelly O’Neil, J.D. and Masters in Intellectual Property Management and Markets at Chicago-Kent College of Law, for her helpful research and analysis in support of this article. -
The One-Tier Board in the Changing and Converging World of Corporate Governance, Under the Supervision of Professor Dr
THE ONE-TIER BOARD IN THE CHANGING AND CONVERGING WORLD OF CORPORATE GOVERNANCE THE ONE-TIER BOARD IN THE CHANGING AND CONVERGING WORLD OF CORPORATE GOVERNANCE A comparative study of boards in the UK, the US and The Netherlands Willem J.L. Calkoen 2012 Kluwer – Deventer – The Netherlands This PhD thesis contained in this book was publicly defended by the author on 11 October 2011 at Erasmus University Rotterdam, The Netherlands. Omslagontwerp: H2R Vormgeving & Communicatie ISBN 978-90-13-10437-0 NUR 827-715 E-book: 978-90-13-10438-7 © 2012, Kluwer Deventer Alle rechten voorbehouden. Niets uit deze uitgave mag worden verveelvoudigd, opgeslagen in een geautomatiseerd gegevensbestand, of openbaar gemaakt, in enige vorm of op enige wijze, hetzij elektronisch, mechanisch, door fotokopieën, opnamen of enige andere manier, zonder vooraf- gaande schriftelijke toestemming van de uitgeverij. Voor zover het maken van kopieën uit deze uitgave is toegestaan op grond van art. 16h tot en met 16m Auteurswet jo. het Besluit van 27 november 2001, Stb. 2002, 575, dient men de daarvoor wettelijk verschuldigde vergoedingen te voldoen aan de Stichting Reprorecht (Postbus 3051, 2130KB Hoofddorp). Voor het overnemen van gedeelte(n) uit deze uitgave in bloemlezingen, readers en andere compilatiewerken dient men zich tot de uitgever te wenden. No part of this book may be reproduced in any form, by print, photoprint, microfilm or any other means without written permission from the publisher. Kluwer BV legt de gegevens van abonnees vast voor de uitvoering van de (abonnements)- overeenkomst. De gegevens kunnen door Kluwer, of zorgvuldig geselecteerde derden, worden gebruikt om u te informeren over relevante producten en diensten. -
From Conflict Resolution to Conflict Management
Cover Page The handle http://hdl.handle.net/1887/65503 holds various files of this Leiden University dissertation. Author: Ekama, K.J. Title: Courting conflict : managing Dutch East and West India Company disputes in the Dutch Republic Issue Date: 2018-09-13 COURTING CONFLICT ISBN: 978-94-92679-54-3 Printed by: Print Service Ede Cover images: Photograph of archival manuscript document: NL-HaNA, Hoge Raad Holland en Zeeland, 3.03.02, inv.nr. 778 (1686), Geextendeerde sententies, f. xxxiiii r; High Court judges: Detail from De begrafenisstoet van Frederik Hendrik. Pieter Nolpe after Pieter Jansz Post, 1651. Rijksmuseum, Amsterdam. Courting Conflict Managing Dutch East and West India Company disputes in the Dutch Republic PROEFSCHRIFT ter verkrijging van de graad van Doctor aan de Universiteit Leiden, op gezag van Rector Magnificus prof. mr. C.J.J.M. Stolker, volgens besluit van het College voor Promoties te verdedigen op 13 september 2018 klokke 10:00 uur door Kate Jean Ekama geboren te Kaapstad, Zuid-Afrika op 24 october 1986 Promotor: Prof. dr. Cátia Antunes Co-promotor: Dr. Karwan Fatah-Black Promotiecommisie: Prof. dr. Michiel van Groesen Prof. dr. Egbert Koops Dr. Justyna Wubs-Mrozewicz, University of Amsterdam Dr. Bram van Hofstraeten, Maastricht University Contents Acknowledgements ......................................................................................................................................... iv List of Abbreviations ....................................................................................................................................... -
Shareholder Activism at the Dutch East India Company 1622 – 1625
Shareholder Activism at the Dutch East India Company 1622 – 1625 Redde Rationem Villicationis Tuae! Give an Account of Your Stewardship! Paper presented at the Conference on the Origins & History of Shareholder Advocacy, Yale School of Management, Millstein Center for Corporate Governance and Performance November 6 and 7, 2009. Preliminary draft. Please do not cite or quote without permission of the author. This version: 10 January, 2010. J. Matthijs de Jongh1 Keywords: Shareholder activism, legal history, VOC, East India Company, agency theory, societas, universitas, corporation JEL Classifications: B15, D23, K22, O10, O52 1 Research Department of the Supreme Court of The Netherlands ([email protected]). This paper is a revision of a more concise article on the same subject (De Jongh 2009). I would like to thank the Royal Netherlands Academy of Arts and Sciences, as well as the Yale School of Management (Millstein Center for Corporate Governance and Performance) for their financial support. I also thank Daan Asser, Paul Frentrop, Oscar Gelderblom, Niels Huurdeman, Jan Lokin, Abe de Jong, Joost Jonker, Ralf Mehr, Ailsa Röell, Alexander Schild and Vino Timmerman for their helpful comments. The usual caveat applies. Electronic copy available at: http://ssrn.com/abstract=1496871 Abstract This paper explores the reason for the absence of control rights of shareholders in the Dutch East India Company (VOC) and the background of the conflict between shareholders and directors that arose in 1622/1623 when the VOC Charter of 1602 was extended. The VOC was the result of a merger between several companies that had been trading in the East Indies between 1594 and 1602. -
The Resilience of the Gentrifying Red Light Districts of London and Amsterdam
Dealing with neighbourhood change: The resilience of the gentrifying red light districts of London and Amsterdam The #no fucking photo’s campaign was launched by a collective of sex workers and entrepreneurs of De Wallen (photo by author) Marthe Singelenberg Research Master Urban Studies June 23rd 2017 Supervisor: Wouter van Gent Second reader: Rivke Jaffe Wordcount: 7431 1 1. Abstract Since the early 2000’s, western cities have developed urban policies aimed at the regeneration of their red light districts by reducing the number of sexually oriented business and by stimulating public-private investments in real estate. It has been argued that these processes of state-led gentrification are transforming these districts into ‘sanitized spaces’, whereby marginalised groups such as sex workers are targeted for displacement. This research will look at experiences of neighbourhood change in the gentrifying red light districts of London and Amsterdam. Based on ethnographic fieldwork, it will show that these districts accommodate communities of place-based stakeholders with social and financial interests in the neighbourhood. As they use these interests to negotiate urban change, they contribute to the ways in which the gentrification of red light districts is accepted, contested and adopted. 2. Introduction The status of red light districts has been subject to ongoing public and academic debate. Within the urban discourse, they have been both marginalised and romanticised, avoided and frequented, endangered and protected, and recently, their existence has been contested. Worldwide, in cities like Hong Kong, Taipei, Montreal, Antwerp, London and Amsterdam, municipalities have developed policies aiming at reducing the physical presence of sex work in the city (Cheng 2016). -
The World's First Stock Exchange. How the Amsterdam
UvA-DARE (Digital Academic Repository) The world’s first stock exchange: how the Amsterdam market for Dutch East India Company shares became a modern securities market, 1602-1700 Petram, L.O. Link to publication Citation for published version (APA): Petram, L. O. (2011). The world’s first stock exchange: how the Amsterdam market for Dutch East India Company shares became a modern securities market, 1602-1700 Eigen Beheer General rights It is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulations If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: http://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. UvA-DARE is a service provided by the library of the University of Amsterdam (http://dare.uva.nl) Download date: 03 Jan 2019 CONTENTS List of figures VII List of tables VIII List of maps VIII List of abbreviations IX Introduction 1 Context, historiography and theory 2 Scope and structure 6 Sources 9 Part I – Taking the measure -
Henry Hudson in Holland
8b E 129 . HQ M91 1909 HENRY HUDSON IN HOLLAND HENRY HUDSON IN HOLLAND AN INQUIRY INTO THE ORIGIN AND OBJECTS OF THE VOYAGE WHICH LED TO THE DISCOVERY OF THE HUDSON RIVER WITH BIBLIOGRAPHICAL NOTES BY HEN. C. MURPHY REPRINTED, WITH NOTES, DOCUMENTS AND A BIBLIOGRAPHY, BY WOUTER NIJHOFF, HON. SECRETARY TO THE “LINSCHOTEN-VEREENIGING” THE HAGUE MARTINUS NIJHOFF 1909 COPYRIGHT, 1909 BY MARTINUS NIJHOFF PRINTING OFFICE “DRUKKERIJ TRIO” THE HAGUE TABLE OF CONTENTS Page Preliminary note.vn The Author’s preface.ix Introduction ..'.1 I. The invitation to Hudson and the Dutch merchants II. The first expedition to the North, the origin of the East India Company and its policy in regard to the North passage.12 III. Another power, in quest of the riches of the Indies, disturbs Hudson’s negotiations with the Company, which fail, are renewed and finally consummated in consequence.19 IV. The contract between Hudson and the Company; and the instruction for the voyage.31 V. Hudson, before leaving Holland, contemplates ex¬ ploring the coast of America in latitude forty and in Davis’ straits.41 Appendix A. A word for the Halve Maen.57 B. The account of Hudson’s voyage by the Dutch historian, Emanuel van Meteren.61 C. The Hudson tract of 1612.69 Bibliographical description of the various printed Dutch records concerning Hudson A. Van Meteren’s History of the Dutch wars. ... 79 B. Hessel Gerritsz. collection.81 C. Joh. de Laet, Nieuwe Wereldt.98 Documents Original.103 English translations.139 Digitized by the Internet Archive in 2018 with funding from Getty Research Institute https://archive.org/details/henryhudsoninholOOmurp_O The booklet published in 1859 by Henry Cruse Murphy, then United States Minister at The Hague, well deserves re-printing. -
Strong Mayors' Leadership Capital: New York, London & Amsterdam
STRONG MAYORS’ LEADERSHIP CAPITAL: NEW YORK, LONDON & AMSTERDAM (2000-2016) by Max William Stafford Canterbury Christ Church University Thesis submitted for the Degree of Doctor of Philosophy 2019 1 Abstract This thesis examines mayors and their interaction with their institutional limits. In particular, it considers, from the perspective of political leadership studies, how far mayors fitting the strong-mayor typology are able to assert their will in the face of these institutional limits. David Sweeting’s expositions on the strong-mayor model, supplemented by those of other theorists, form the thesis’ theoretical framework. This framework is applied to three original case studies (Michael Bloomberg in New York and Ken Livingstone & Boris Johnson in London). A fourth case study, of Job Cohen in Amsterdam, follows these and offers alternative perspectives (based upon the application a model of an appointed mayoralty). The analytical tool chosen – the Leadership Capital Index (LCI) – is a recent innovation in political leadership studies. The thesis’ findings demonstrate that there was clear potential for all of the mayors within the systems examined to assert their political will. What varies is how far mayors in different forms of strong-mayor systems can do this and how they achieve it. With regard to the LCI, the study concludes that it needs further development if it is to achieve longevity in terms of its place in the field. The thesis ends by outlining the future research agenda emerging as a result of this study. 2 Table of Contents Abstract ................................................................................................................................ 2 Acknowledgements .............................................................................................................. 7 List of Tables and Figures ..................................................................................................... 8 List of Interviewees* ..........................................................................................................