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How venture capitalists respond to unmet expectations: The role of social environment

Parhankangas, Amaleena and Landström, Hans LU (2006) In Journal of Business Venturing 21(6). p.773-801
Abstract
In this paper, we seek to explain venture capitalists' reactions to disappointments caused by entrepreneurs. Our basic assumption is that venture capitalists' social environment, defined as exposure to venture capital and business communities, will influence their responses to problematic situations. The results of our study suggest that venture capitalists with strong ties to their colleagues and with managerial experience are more inclined to use active and constructive approaches than venture capitalists with a lesser exposure to the venture capital and business communities.
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author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
social environment, venture capital, conflict management
in
Journal of Business Venturing
volume
21
issue
6
pages
773 - 801
publisher
Elsevier
external identifiers
  • wos:000240209300002
  • scopus:33746856262
ISSN
0883-9026
DOI
10.1016/j.jbusvent.2005.06.005
language
English
LU publication?
yes
id
e36b77ad-eacb-4b99-b51e-65494d7cb064 (old id 686193)
date added to LUP
2016-04-01 11:42:33
date last changed
2021-08-04 05:12:46
@article{e36b77ad-eacb-4b99-b51e-65494d7cb064,
  abstract     = {In this paper, we seek to explain venture capitalists' reactions to disappointments caused by entrepreneurs. Our basic assumption is that venture capitalists' social environment, defined as exposure to venture capital and business communities, will influence their responses to problematic situations. The results of our study suggest that venture capitalists with strong ties to their colleagues and with managerial experience are more inclined to use active and constructive approaches than venture capitalists with a lesser exposure to the venture capital and business communities.},
  author       = {Parhankangas, Amaleena and Landström, Hans},
  issn         = {0883-9026},
  language     = {eng},
  number       = {6},
  pages        = {773--801},
  publisher    = {Elsevier},
  series       = {Journal of Business Venturing},
  title        = {How venture capitalists respond to unmet expectations: The role of social environment},
  url          = {http://dx.doi.org/10.1016/j.jbusvent.2005.06.005},
  doi          = {10.1016/j.jbusvent.2005.06.005},
  volume       = {21},
  year         = {2006},
}