Human capital and the internationalization of venture capital firms
Manigart, Sophie Collewaert, Veroniek Wright, Mike Pruthi, S. Lockett, Andy Bruining, Hans Hommel, Ulrich Landström, Hans
Manigart, Sophie
Collewaert, Veroniek
Wright, Mike
Pruthi, S.
Lockett, Andy
Bruining, Hans
Hommel, Ulrich
Landström, Hans
Citations
Altmetric:
Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2007
Journal
International Entrepreneurship and Management Journal
Book
Publication Volume
3
Publication Issue
1
Publication Begin page
109
Publication End page
125
Publication NUmber of pages
27
Collections
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.
Research Projects
Organizational Units
Journal Issue
Keywords
Strategy