Government as fund-of-fund and VC fund sponsors: effect on employment in portfolio companies
Sign Up to like & getrecommendations! Published in 2018 at "Small Business Economics"
DOI: 10.1007/s11187-016-9831-9
Abstract: Governments around the world have set up fund-of-fund programs to increase the supply of venture capital financing to young growth-oriented firms. In these programs, a government fund-of-fund acts as limited partner in a venture capital… read more here.
Keywords: venture capital; government; fund fund; fund ... See more keywords
Venture capital in Europe: social capital, formal institutions and mediation effects
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DOI: 10.1007/s11187-018-0007-7
Abstract: Venture capital (VC) as an industry has existed for more than 50 years, yet it has only moderately developed beyond the USA despite numerous trials of governments to foster it. Vast research endeavors have been carried… read more here.
Keywords: venture capital; capital; capital europe; social capital ... See more keywords
Asymmetric information and deal selection: evidence from the Italian venture capital market
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DOI: 10.1007/s11365-018-0539-y
Abstract: The aim of this study is to show how information asymmetry affects the venture capital (VC) deal selection process in the Italian capital market. In this paper, the authors want to analyse how venture capitalists… read more here.
Keywords: venture capital; deal selection; information; venture ... See more keywords
Venture capital restrained after Sarbanes–Oxley
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DOI: 10.1016/j.econlet.2018.12.018
Abstract: This study finds that venture capital investment has been weaker and less responsive to stock prices after the Sarbanes–Oxley Act (SOX). read more here.
Keywords: capital restrained; venture capital; restrained sarbanes; sarbanes oxley ... See more keywords
Venture Capital and Cleantech: The wrong model for energy innovation
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DOI: 10.1016/j.enpol.2016.12.035
Abstract: Venture capital (VC) firms spent over $25billion funding clean energy technology (cleantech) start-ups from 2006 to 2011. Less than half of that capital was returned; as a result, funding has dried up in the cleantech… read more here.
Keywords: venture capital; capital; energy; innovation ... See more keywords
Is the venture capital market liquid? Evidence from India
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DOI: 10.1016/j.gfj.2019.04.002
Abstract: Abstract This paper models investment duration in the Indian venture capital (VC) market, by industry and exit route. We examined 3416 investment and exit transactions in India during the period 2000–2017 and found that the… read more here.
Keywords: venture capital; capital market; investment; market ... See more keywords
Modeling venture capital networks in hospitality and tourism entrepreneurial equity financing: An exponential random graph models approach
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Hospitality Management"
DOI: 10.1016/j.ijhm.2021.102936
Abstract: Abstract This study examines how venture capital (VC) networks form when financing hospitality and tourism start-ups. We propose that networks form as a result of exogenous attributes along with endogenous dependencies, which have been largely… read more here.
Keywords: venture capital; exponential random; hospitality; hospitality tourism ... See more keywords
Ties of survival: Specialization, inter-firm ties, and firm failure in the U.S. venture capital industry
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DOI: 10.1016/j.jbusres.2018.02.001
Abstract: This study examines how firms' network ties interact with their level of specialization in affecting the risk of failure in the U.S. venture capital (VC) industry. Testing my hypotheses on data spanning 41 years, I… read more here.
Keywords: venture capital; specialization; failure venture; failure ... See more keywords
Broadening versus reinforcing investor portfolios: Social structure and the search for venture capital investors
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DOI: 10.1016/j.jbusvent.2018.12.001
Abstract: Abstract This paper highlights the venture capital investor (VC) portfolios of startups, and explores how the portfolios evolve. We emphasize the important trade-off between broadening and reinforcing VC portfolios (i.e., expanding to new VCs versus… read more here.
Keywords: venture capital; existing vcs; social structure; vcs ... See more keywords
Why do they do it? Corporate venture capital investments in cleantech startups
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Cleaner Production"
DOI: 10.1016/j.jclepro.2021.126315
Abstract: Abstract Sustainable startups commercializing a clean technology provide an opportunity for a greener future. Despite their high investment risks, cleantech startups increasingly attract corporate venture capital. This paper explores which companies invest venture capital in… read more here.
Keywords: venture capital; capital investments; cleantech startups; venture ... See more keywords
Venture Capital and Career Concerns
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DOI: 10.1016/j.jcorpfin.2017.12.004
Abstract: This paper finds evidence that the market for follow-on capital discourages risk taking by venture capital fund managers. The amount of follow-on capital raised by venture capitalists is concave with respect to current fund performance.… read more here.
Keywords: venture capital; capital; venture; career concerns ... See more keywords