منابع مشابه
Learning and venture capital: The growth of venture knowledge
This paper sets out to analyze the modes of ‘venture learning’, which is defined as the process whereby knowledge is acquired on how to identify, develop and exploit business opportunities and the associated ventures. The context of learning discussed here is that of high technology ventures, and the ways in which certain types of venture relevant knowledge is acquired and transferred by ventur...
متن کاملAbsorptive Capacity and Knowledge Transfer between Venture Capital Firms and Their Portfolio Companies
The ability to accumulate new knowledge constitutes a driving force in the development and growth of young firms. Through interorganizational relationships firms can get access to external knowledge and combine it with existing knowledge. In this paper we focus on the relationship between the Venture Capital firm and its Portfolio Companies. Our premise is that the more absorptive capacity both...
متن کاملVenture capital and internationalization
Cross-border investments represent a substantial share of venture capital activities. We use a new and comprehensive dataset on worldwide investments to analyze the internationalization of venture capital financing. Our results from the perspectives of (i) venture capitalists, (ii) portfolio companies, (iii) portfolio companies’ countries and (iv) pairs of venture capitalists’ and portfolio com...
متن کاملInnovations and Venture Capital
This paper develops a theory why innovation often takes place in new rms that depend overproportionally on external nance usually supplied by specialist intermediaries called venture capitalists. It is argued that innovative projects are characterized by two features: uncertainty that is resolved through a learning by doing process and private bene ts for the entrepreneur from running the proje...
متن کاملCorporate Venture Capital and
In this paper, we focus on the potential innovation benefits to corporate venture capital, i.e. equity investments in entrepreneurial ventures by incumbent firms. In particular, we ask do firms that invest corporate venture capital learn about and appropriate new technologies and practices from those ventures they invest. Our investigation builds on two theoretical pillars. First, incumbent fir...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2642596