RT Journal Article
SR Electronic
T1 Venture Capitalists’ Role in New Venture Internationalization
JF The Journal of Private Equity
FD Institutional Investor Journals
SP 26
OP 41
DO 10.3905/jpe.2012.16.1.026
VO 16
IS 1
A1 E. Lutz
A1 G. George
YR 2012
UL https://pm-research.com/content/16/1/26.abstract
AB In this article, the authors explore the impact of venture capitalists on new venture internationalization. Based on 18 in-depth case studies, common patterns of how resource provisioning by venture capitalists influences international growth in their portfolio companies are outlined. Slack financial resources and heterogeneous non-financial resources provided by venture capitalists positively enhance the scale of internationalization in new ventures. In addition, the results emphasize a behavioral view of the relationship between venture capitalists and entrepreneurs, wherein the venture capitalist encourages the entrepreneur to strive for fast international growth.TOPICS: Private equity, global, in portfolio management, performance measurement