Venture Capital as Human Resource Management
نویسندگان
چکیده
منابع مشابه
Venture Capital as Human Resources Management∗
This article proposes that venture capitalists adds value within portfolio firms by transferring information about senior managers across firms — A valuable feature since it is difficult to transfer information about senior managers in small firms in a systematic fashion. This transfer occurs on a significant scale because venture capitalists operate a network, within which they are involved in...
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The popular mythology surrounding the U.S. venture-capital industry derives from a previous era. Venture capitalists who nurtured the computer industry in its infancy were legendary both for their risk taking and for their hands-on operating experience. But today things are different, and separating the myths from the realities is crucial to understanding this important piece of the U.S. econom...
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This paper develops a theory why innovation often takes place in new rms that depend overproportionally on external nance usually supplied by specialist intermediaries called venture capitalists. It is argued that innovative projects are characterized by two features: uncertainty that is resolved through a learning by doing process and private bene ts for the entrepreneur from running the proje...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2005
ISSN: 1556-5068
DOI: 10.2139/ssrn.882473