Advanced

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
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
id
9d695525-a280-4d8e-8810-99f8a3a5f2d3 (old id 3127890)
date added to LUP
2012-10-10 07:31:43
date last changed
2017-03-12 04:12:34
@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},
  keyword      = {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},
  volume       = {3},
  year         = {2007},
}