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Internal
venturing is by and large one of the most important ways to achieve higher
growth and continued successes for high-tech and small-and-medium enterprises
in the emerging industrialized countries. It can stimulate firms¡¦ existing businesses and
substantially increase their revenues, consequentially expanding their scope
into other related industries. Its exponential contribution may well be
summarized as follows: on one hand, extra sources of profits can be generated
thereby and management risks associated with too narrow a product line can be significantly
reduced by diversification through internal venturing. On the other hand,
companies can retain and nourish their talents by encouraging direct
interactive participation and thus prevent them from becoming future rivals in
the ever-competing environment.
This research intends
to take Acer Group, which has well been acclaimed as a top-notched leading
technology consortium in South-East Asia, as a telling example. By means of the
methodology of in-depth interviewing, investigating the entire procedure of its
intrapreneuring, exploring further into how internal venturing helps Acer to
become one of the main players in the world high-tech market within barely two
decades. Nowadays, Acer, compared to its peers, has claimed to be the third
biggest PC maker, and the sixth in terms of the brand-named notebook computers,
with its interminable tentacles also covering semiconductors, IC designs,
networking, communication, and peripheral products such as mobile phone sets
and TFT-LCD panels. These compelling results revealed that, by virtue of
efficient implementation of pertinent strategies and tailored just-in-time organizational
structures as well as its unique internal venturing model, Acer Group has
convincingly succeeded in becoming a genuinely successful global enterprise.
Overall in light of this analysis, we strongly believe that the model of Acer¡¦s
internal venturing could certainly be served as an indispensably useful
emulation beacon for those enterprises aiming to survive and remain competitive
at the turn of this dauntingly uncertain and challenging century.
Keywords: Acer, diversifying strategy, strategic
management, internal venturing