In the entrepreneurial setting, financial intermediaries such as venture capital firms (VCs)
are perhaps the dominant source of selection shaping the environment within which new …

A major focus of applied research on venture capital concerns the 'equity gap'–in other
words, the lack of availability of small amounts of finance. In the case of formal (or …

We still poorly understand why Silicon Valley has originated so many breakthrough
innovations and large companies. The durability of Silicon Valley's innovative competence …

Governments around the world have adopted ambitious targets to increase the share of
renewable energy and reduce greenhouse gas emissions. They pursue a variety of policy …

The venture capital market and firms whose creation and early stages were financed by
venture capital are among the crown jewels of the American economy. Beyond representing …

European venture captial Venture capital is considered to be the most appropriate form of
financing for innovative firms in high–tech sectors. Venture capital has greatly developed …

Interorganizational relationships offer many potential benefits, but they also expose firms to
dangers, such as misappropriation, which pull partners apart. This tension between …

Sociologists and anthropologists have long been concerned with how individuals are linked
to one another and how these bonds of affiliation serve as both a lubricant for getting things …

The increasing significance of project-based forms of organizing economic activities in many
industries has stimulated considerable interest in project-based firms (PBFs) as distinctive …

This paper examines the dynamics of exit options for US venture capital funds. Using a
sample of more than 20,000 investment rounds, we analyze the time to 'IPO','trade sale'and …