Title

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

Additional URL

http://www.iijournals.com/doi/abs/10.3905/jpe.2012.16.1.026