Human Capital and the Internationalisation of Venture Capital Firms
Author
Summary, in English
We examine the neglected area of internationalisation by VCs. Using a representative sample of 195 VCs, we show that the decision of a European VC firm to invest internationally is driven by its human resources. Having more VC executives in general and more VC executives with previous international experience in specific, results in a higher probability of investing internationally. In contrast, more VC executives with experience in the VC industry or with an engineering background lead to a higher probability of remaining domestic.
Department/s
Publishing year
2007
Language
English
Pages
109-125
Publication/Series
International Entrepreneurship and Management Journal
Volume
3
Issue
1
Document type
Journal article
Publisher
Springer
Topic
- Social Sciences Interdisciplinary
Keywords
- Venture capital
- Internationalisation
- Human capital
Status
Published
ISBN/ISSN/Other
- ISSN: 1554-7191