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Author:Hellmann, T.
Puri, M.
Title:Venture capital and the professionalization of start-up firms: empirical evidence
Journal:Journal of Finance
2002 : FEB, VOL. 57:1, p. 169-197
Index terms:PROFESSIONALIZATION
VENTURE CAPITAL
Freeterms:START-UPS
Language:eng
Abstract:This paper examines the impact venture capital can have on the development of new firms. Using a hand-collected data set on Silicon Valley start-ups, the authors find that venture capital is related to a variety of professionalization measures, such as human resource policies, the adoption of stock option plans, and the hiring of a marketing VP.
SCIMA record nr: 233585
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