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Is Venture Capital Jewelry

Johansson, Jesper and Persson, Ludvig (2010)
Department of Business Administration
Abstract
The purpose of our thesis is to, based on theory, investigate if venture capital investment
generates value by increasing the credibility of Swedish start-up firms. If so, we continue by
studying which factors influence the credibility value added in Sweden.
The methodology is based on the concept of non-financial value added (NFVA) and we use
primary data collected through a survey.
We conclude that the credibility improvement from VC investment is value adding to Swedish
start-up firms. Regarding the mechanisms that influence the value added from credibility
enhancement, we conclude that supplier switching cost and the amount and quality of contact
increases the non-financial value added of credibility. Finally we also find the... (More)
The purpose of our thesis is to, based on theory, investigate if venture capital investment
generates value by increasing the credibility of Swedish start-up firms. If so, we continue by
studying which factors influence the credibility value added in Sweden.
The methodology is based on the concept of non-financial value added (NFVA) and we use
primary data collected through a survey.
We conclude that the credibility improvement from VC investment is value adding to Swedish
start-up firms. Regarding the mechanisms that influence the value added from credibility
enhancement, we conclude that supplier switching cost and the amount and quality of contact
increases the non-financial value added of credibility. Finally we also find the management
experience to have a significant, positive impact on the credibility value addition. (Less)
Please use this url to cite or link to this publication:
author
Johansson, Jesper and Persson, Ludvig
supervisor
organization
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Företagsledning, Management of enterprises, Corporate Finance, Entrepreneurship, Venture Capital, Credibility, Non-financial Value Added, management
language
Swedish
id
2169566
date added to LUP
2010-06-07 00:00:00
date last changed
2012-11-12 11:53:16
@misc{2169566,
  abstract     = {The purpose of our thesis is to, based on theory, investigate if venture capital investment
generates value by increasing the credibility of Swedish start-up firms. If so, we continue by
studying which factors influence the credibility value added in Sweden.
The methodology is based on the concept of non-financial value added (NFVA) and we use
primary data collected through a survey.
We conclude that the credibility improvement from VC investment is value adding to Swedish
start-up firms. Regarding the mechanisms that influence the value added from credibility
enhancement, we conclude that supplier switching cost and the amount and quality of contact
increases the non-financial value added of credibility. Finally we also find the management
experience to have a significant, positive impact on the credibility value addition.},
  author       = {Johansson, Jesper and Persson, Ludvig},
  keyword      = {Företagsledning,Management of enterprises,Corporate Finance,Entrepreneurship,Venture Capital,Credibility,Non-financial Value Added,management},
  language     = {swe},
  note         = {Student Paper},
  title        = {Is Venture Capital Jewelry},
  year         = {2010},
}