Venture Capitalists’ Role in New Venture Internationalization
Publication Type
Journal Article
Publication Date
12-2012
Abstract
In this article, the authors explore the impact of venture capitalists on new venture internationalization. Based on 18 in-depth case studies, common patterns of how resource provisioning by venture capitalists influences international growth in their portfolio companies are outlined. Slack financial resources and heterogeneous non-financial resources provided by venture capitalists positively enhance the scale of internationalization in new ventures. In addition, the results emphasize a behavioral view of the relationship between venture capitalists and entrepreneurs, wherein the venture capitalist encourages the entrepreneur to strive for fast international growth.
Discipline
Business | International Business | Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Journal of Private Equity
Volume
16
Issue
1
First Page
26
Last Page
41
ISSN
1096-5572
Identifier
10.3905/jpe.2012.16.1.026
Citation
LUTZ, Eva and GEORGE, Gerard.
Venture Capitalists’ Role in New Venture Internationalization. (2012). Journal of Private Equity. 16, (1), 26-41.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/4679
Additional URL
https://www.iijournals.com/doi/abs/10.3905/jpe.2012.16.1.026