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Human Capital and the Internationalisation of Venture Capital Firms

Manigart, S. ; Collewaert, V. ; Wright, M. ; Pruthi, S. ; Lockett, A. ; Bruning, H. ; Hommel, U. and Landström, Hans LU (2007) In International Entrepreneurship and Management Journal 3(1). p.109-125
Abstract
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.
Please use this url to cite or link to this publication:
author
; ; ; ; ; ; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Venture capital, Internationalisation, Human capital
in
International Entrepreneurship and Management Journal
volume
3
issue
1
pages
109 - 125
publisher
Springer
external identifiers
  • scopus:33845933197
ISSN
1554-7191
DOI
10.1007/s11365-006-0021-0
language
English
LU publication?
yes
additional info
109-125
id
9d695525-a280-4d8e-8810-99f8a3a5f2d3 (old id 3127890)
date added to LUP
2016-04-01 16:46:42
date last changed
2024-01-11 14:40:02
@article{9d695525-a280-4d8e-8810-99f8a3a5f2d3,
  abstract     = {{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.}},
  author       = {{Manigart, S. and Collewaert, V. and Wright, M. and Pruthi, S. and Lockett, A. and Bruning, H. and Hommel, U. and Landström, Hans}},
  issn         = {{1554-7191}},
  keywords     = {{Venture capital; Internationalisation; Human capital}},
  language     = {{eng}},
  number       = {{1}},
  pages        = {{109--125}},
  publisher    = {{Springer}},
  series       = {{International Entrepreneurship and Management Journal}},
  title        = {{Human Capital and the Internationalisation of Venture Capital Firms}},
  url          = {{http://dx.doi.org/10.1007/s11365-006-0021-0}},
  doi          = {{10.1007/s11365-006-0021-0}},
  volume       = {{3}},
  year         = {{2007}},
}