Entrepreneurship has long been perceived as a crucial determinant for economic growth. There has been a considerable upsurge in researches trying to determine the main elements driving entrepreneurship and the channel through which entrepreneurship generates economic growth; however, a global consensus has not been reached yet on theoretical, methodological and empirical levels.  The basic prob...

Field Editor: D. Jennings This study examines how the performance of cross-border venture capital investments is affected by national institutional and cultural distances between the environments of venture capitalists (VCs) and investee ventures. We propose that institutional and cultural distances will decrease VCs' effectiveness in conducting venture capital activities and negatively affect ...

This paper studies the effect of home-host country distance on the choice of governance mode in the offshoring of services. Using a Transaction Cost Economics approach, we look at the comparative costs of the hierarchical and contractual models to show that different dimensions of distance (geographic, cultural and institutional), because they generate different types of uncertainties, impact o...

This paper studies the effect of home-host country distance on the choice of governance mode in service offshoring. Using a Transaction Cost Economics approach, we explore the comparative costs of the hierarchical and contractual models to show that different dimensions of distance (geographic, cultural and institutional), because they generate different types of uncertainties, impact offshore ...

This paper adds nuance to our understanding of institutional antecedents of foreign investment, in particular in global services sourcing. While prior research has stressed the various risks and effects associated with home-host country differences in national-level institutions, e.g. legal systems, we argue that industry-specific, yet often transnational field institutions, e.g. standards, hav...