Challenges facing venture capitalists in developing economies
ثبت نشده
چکیده
منابع مشابه
Venture Capital in a Developing Country: The Case of the Philippines
In this paper we will present a summary of our initial research focusing on the development of the venture capital industry in the Philippines, which is a developing country that has recently been a recipient of significant venture capital investment. More specifically, we analyzed the impact of the lack of a fully developed institutional framework (primarily financial and legal) on the develop...
متن کاملVenture Capitalists and Psychological Contract Violations: an Institutional Approach
The expectation of reciprocal obligations lays a foundation for the venture capitalist-entrepreneur relationship. These expectations, or perceived promises, constitute a psychological contract between the venture capitalist and the entrepreneur. In this paper, we are concerned with four forms of psychological contract violations in this relationship: i) disagreements over the strategy of the po...
متن کامل4. Venture capital in China: high technology investing in an emerging economy*
Investing in new projects and technologies by mature firms is a challenging endeavour that often fails to create lasting significant growth for firms (Jensen, 1993). Investments in entrepreneurial ventures by outsiders such as venture capitalists that often rely on new technology can, however, be even more challenging (Christensen, 2000). Venture capitalists have found ways to reduce the risk a...
متن کاملWho Are the True Venture Capitalists in Germany?
In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a data set embracing all venture-backed IPOs that occurred on Germany’s Neuer Markt we investigate whether the governance structures, objectives, abilities and track records of different types of venture capitalists have a decisive influence on their behavior. Our main finding is th...
متن کاملManu Militari: New Venture Ties to Coercive Institutions in Emerging Economies
In many countries with weak political institutions, new ventures face challenges such as political risks, corruption, and civil conflict, which can severely hinder their ability to survive and grow. We explore how establishing affiliations at founding with coercive institutional actors can help new ventures overcome challenges characteristic of weak and volatile political environments. Our find...
متن کامل