Venture Capital最新文献_第5页

Does writing a business plan still matter for searching and obtaining external equity finance? 撰写商业计划对于寻找和获得外部股权融资仍然重要吗?

IF 2.4 4区管理学

Venture Capital Pub Date : 2023-01-18 DOI: 10.1080/13691066.2022.2161969

G. Latifi, L. Grilli, A. Herrmann

引用次数: 0

Exploring the landscape of University-affiliated venture funds: an archetype approach 探索大学附属风险基金的前景:一种原型方法

IF 2.4 4区管理学

Venture Capital Pub Date : 2023-01-03 DOI: 10.1080/13691066.2022.2163001

Nina Magomedova, Núria Villaescusa, A. Manresa

引用次数: 3

Predicting the Startup Valuation: A deep learning approach 预测创业公司估值:一种深度学习方法

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-12-29 DOI: 10.1080/13691066.2022.2161968

Monika Dhochak, Sudesh Pahal, Prince Doliya

引用次数: 0

The impact of concentration among venture capitalists: revisiting the determinants of venture capital 风险资本家集中的影响:重新审视风险资本的决定因素

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-12-06 DOI: 10.1080/13691066.2022.2147876

E. Félix, J. Nunes, C. Pires

引用次数: 2

Lifespans of corporate and independent venture capitalists: a systematic review 企业和独立风险资本家的寿命:系统回顾

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-12-06 DOI: 10.1080/13691066.2022.2150909

F. Brinkmann, D. Kanbach

{"title":"Lifespans of corporate and independent venture capitalists: a systematic review","authors":"F. Brinkmann, D. Kanbach","doi":"10.1080/13691066.2022.2150909","DOIUrl":"https://doi.org/10.1080/13691066.2022.2150909","url":null,"abstract":"ABSTRACT Corporate venture capitalists (CVCs) have shorter lifespans than independent venture capitalists (IVCs), but the reasons for this are not well understood. This paper identifies influencing factors affecting lifespans of CVCs and IVCs. Based on a sample of 190 articles, this systematic review identifies 41 factors that influence VC performance across four dimensions: decisions about strategies, the exploitation of venture capital resources and characteristics, active involvement in the venture capital environment, and limited underlying room for maneuvering. These dimensions show differences in the decision-making of IVCs and CVCs and impact lifespan. CVCs yield greater financial performance than IVCs. However, our results suggest that five CVC-specific factors are significant influencing factors which can explain lifespan differences: investment objectives, organizational autonomy and structure, interorganizational relationships, commitment of corporate parent, and parent company size. Overall, the longevity of CVCs is largely determined by a number of internal decisions made between the CVC and its parent company. Limiting the influence of corporate parents is suggested to enhance the success and lifespan of CVCs.","PeriodicalId":46643,"journal":{"name":"Venture Capital","volume":"1 1","pages":"351 - 383"},"PeriodicalIF":2.4,"publicationDate":"2022-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85515030","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Married at first sight: the process of trust formation throughout the venture capital process during the time of the COVID-19 crisis 一见钟情:2019冠状病毒病危机期间风险投资过程中的信任形成过程

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-11-08 DOI: 10.1080/13691066.2022.2139205

Heléne Müller, Julia Wöhler

{"title":"Married at first sight: the process of trust formation throughout the venture capital process during the time of the COVID-19 crisis","authors":"Heléne Müller, Julia Wöhler","doi":"10.1080/13691066.2022.2139205","DOIUrl":"https://doi.org/10.1080/13691066.2022.2139205","url":null,"abstract":"ABSTRACT A high level of uncertainty accompanies investment decisions, hence, VCs attempt to reduce their risk through a thorough examination of potential investment cases. Especially during the seed and start-up phases of a new venture, when detailed reports and historical track records are still lacking, the investment manager’s trust in the entrepreneurial team has a major impact on investment decisions. To explore the process of trust formation, we conducted 11 semi-structured in-depth expert interviews with VC investment managers. Thereby, the COVID-19 crisis provided unique circumstances of exclusively digital communication and allowed us to develop a fine-grained understanding of trust within the VC context. Building on previous research about organizational trust and 674 interview minutes, we found that trustworthiness develops to trust over time as the vulnerability of both parties increases. Furthermore, our results reveal that the VCs’ perception of the founders’ trustworthiness is mainly influenced by examining the founders’ work environment, a founders’ reputation in the VCs’ network, and face-to-face communication. Such personal meetings allow VCs to assess founders, shape the investor’s gut feeling, and develop an interpersonal relationship as they allow for more room talking about personal information rather than business talk.","PeriodicalId":46643,"journal":{"name":"Venture Capital","volume":"13 1","pages":"1 - 29"},"PeriodicalIF":2.4,"publicationDate":"2022-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84847563","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Linear and non-linear patterns of internationalisation and funding in academic spin-offs 国际化的线性和非线性模式及学术衍生产品的资助

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-11-08 DOI: 10.1080/13691066.2022.2139651

M. L. Fernandez-Alles, C. Camelo‐Ordaz, J. P. Diánez-González, E. C. Castillo-Rodríguez

{"title":"Linear and non-linear patterns of internationalisation and funding in academic spin-offs","authors":"M. L. Fernandez-Alles, C. Camelo‐Ordaz, J. P. Diánez-González, E. C. Castillo-Rodríguez","doi":"10.1080/13691066.2022.2139651","DOIUrl":"https://doi.org/10.1080/13691066.2022.2139651","url":null,"abstract":"ABSTRACT Academic spin-offs (ASOs) are typically technologically driven, and their expansion into foreign markets has become a priority for the generation of revenue, thereby recuperating the initial R&D and patent costs over a shorter time frame. However, the literature of how these firms internationalise and what sources they can rely on to obtain the financial resources remains very limited. Two main objectives are proposed in this paper: first, the analysis of whether those relationships that ASOs maintain with various agents to provide financial resources for internationalisation differ between ASOs that have internationalised and those that have not; and second, the study into whether those ASOs that internationalise by following different internationalisation patterns present differences in their agents that provide them with financial resources. From a sample of 173 Spanish ASOs, results of cluster analysis and post-hoc tests indicate that internationalised ASOs rely on financial agents different to those of domestic ASOs. We firstly conclude, that the most representative internationalisation pattern in ASOs is Born Global (BG), through the True Born Global (TBG) and Sporadic Born Global (SBG) sub-patterns. Second, the internationalisation patterns are supported by different financial agents, although governmental institutions and Venture Capital (VC) firms constitute the most relevant agents.","PeriodicalId":46643,"journal":{"name":"Venture Capital","volume":"47 8","pages":"285 - 315"},"PeriodicalIF":2.4,"publicationDate":"2022-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72369613","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Looking for complementarities. Within-industry diversification and geographic diversification of Venture Capital Firms 寻找互补性。风险投资公司的行业内多元化和地域多元化

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-11-02 DOI: 10.1080/13691066.2022.2139206

Johannes M. Lehner

引用次数: 0

Solving the SME finance puzzle: an examination of demand and supply failure in the UK 解决中小企业融资难题:对英国供需失灵的考察

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-10-25 DOI: 10.1080/13691066.2022.2135468

Robyn Owen, Tiago Botelho, J. Hussain, Osman Anwar

引用次数: 3

Some initial observations on the geography of the supply of equity crowdfunding 关于股权众筹供给地理的一些初步观察

IF 2.4 4区管理学

Venture Capital Pub Date : 2022-10-13 DOI: 10.1080/13691066.2022.2132891

Anoosheh Rostamkalaei, M. Freel

引用次数: 0