Venture Capitalists’ Role in New Venture Internationalization
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.
Business | International Business | Strategic Management Policy
Strategy and Organisation
Journal of Private Equity
LUTZ, Eva and GEORGE, Gerard.
Venture Capitalists’ Role in New Venture Internationalization. (2012). Journal of Private Equity. 16, (1), 26-41. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/4679