This paper evaluates how corporate venture capital investment can contribute to sustaining competitiveness of large high technology concerns. To obtain a means of evaluation, the issue of competitiveness firstly is examined in general. As the aspects that determine competitiveness cover a broad spectrum, the main part of this paper deals with the competitiveness of high technology concerns in the current market situation. Once an approach to sustaining competitiveness has been developed the following part examines in which way recent empirical data regarding corporate venture capital investment support the findings. 90 pages A4 in PDF form, based on a wide range of specific research of recent date. Written in 1999 at the University of Applied Sciences Aachen and Coventry University. You will need the free Adobe Acrobat Reader to view (installed on most systems).