Human Capital and the Internationalisation of Venture Capital Firms
Research output: Contribution to journal › Article
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.
|Research areas and keywords||
Subject classification (UKÄ) – MANDATORY
|Journal||International Entrepreneurship and Management Journal|
|Publication status||Published - 2007|