haku: @author Dimov, D. / yhteensä: 5
viite: 5 / 5
« edellinen | seuraava »
| Tekijä: | Dimov, D. Murray, G, |
| Otsikko: | Determinants of the incidence and scale of seed capital investments by venture capital firms |
| Lehti: | Small business economics
2008 : FEB, VOL. 30:2, p. 127-152 |
| Asiasana: | equities investments venture capital |
| Kieli: | eng |
| Tiivistelmä: | The purpose of this paper is to explore the factors that influence on a venture capital (VC) firm's decision to undertake seed capital investments and the scale of those investments. Drawing from behavioral decision making and agency theories, the authors use worldwide data on VC investments between 1962 and 2002 to study the phenomenon. The results show that the factors playin a role are investor age, timing of investment, and fund location. Furthermore, the size of the fund and the existing amount of portfolio companies have adverse effect on the activity of the VC firm. In the light of these findings, seed activity is suggested to be an important source of market intelligence for some of the VC firms. |
« edellinen | seuraava »
SCIMA