This chapter reviews the literature on the impact of venture capital investments on economic
growth, primarily at the firm level. We focus on new insights gained in the 1990s and on …

The rapid internationalization of markets for venture capital is expanding the funding
alternatives available to entrepreneurs. For venture capital firms, this trend spells intensified …

Using two complementary theoretical perspectives, we develop hypotheses regarding the
determinants of the return required by venture capitalists and test them on a sample of over …

… based on the normative institutions of the US industry (Manigart, 1994). As a result, it can
be … See the impact this article is making through the number of times it’s been read, and the …

… The deal is located outside of the geographic region(s) in which you usually invest 0.039 0.041
−… See the impact this article is making through the number of times it’s been read, and the …

… Surprisingly, cultural distance between the portfolio company’s and the lead investor’s
country positively affects VC success especially in emerging economies: it creates incentives for …

… Accumulating fixed commitments, which increase liquidity risk (ie, a company’s inability to
… Hence, we argue that debt capacity is not only determined by a firm’s leverage, but also by …

Although entrepreneurship scholars highlight bootstrapping as a key resource acquisition
approach to respond to the inherent resource constraints that nascent ventures face, little is …

… Five hundred and sixty five Belgian companies in which VC companies invested between
1987 and 1997 are identified (see also Manigart and Van Hyfte 1999b) through secondary …

The Investment appraisal and valuation process of venture capitalists includes Information
gathering, the assessment of risk and required return, and the choice of a valuation method. …