Snaring a venture capital investment

Managing Venture Capital Investment Decisions: a Knowledge-based Approach

In this study, we build a causal map of the investment decision using causal mapping techniques by interviewing venture capitalists (VCs). We convert this map into a causal Bayes net using techniques we developed. Causal Bayes nets are especially suited for domains characterized by high degree of uncertainty. Bayes nets have been recently developed in artificial intelligence and used in medical...

Venture Capital Networks and Investment Performance in China

We investigate the relationship between venture capital (VC) networks and investment performance in China. Distinct features of China’s VC networks are captured in our econometric model through the inclusion of an index of network stability and a dummy variable that indicates a VC firm’s connections with the Chinese state. Our econometric analysis shows that a VC firm’s position in its network,...

Venture Capital Investment in the Clean Energy Sector

Venture Capital Investment in the United States 1995-2002

This paper provides an empirical examination of the investments by venture capital firms for the period before, during and after the stock market bubble of 1999 and 2000. Comparisons are made between pre-bubble, bubble and post-bubble investment patterns by state for location, stage and industry of investment. Location quotients for investments by state and industry are displayed. States with l...

The investment strategies of publicly sponsored venture capital funds

This paper investigates the effects of public ownership on the investment strategy of hybrid VC funds. We exploit a unique dataset containing data for all of the venture capital funds in Europe that received financial support from the European Investment Fund (EIF) during the years 1998–2007. The dataset includes 179 VC funds that invested in 2482 companies. We find that the level of public own...