The nature of information and overconfidence on venture capitalists' decision making
By Andrew Zacharakis, Dean A. Shepherd. 2001
590 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/4ad20287281fe5b42d71d7b01c175f29cc14dc98
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- A. McKelvie
- Melissa S. Cardon
- J. Haynie
- J. Brinckmann
- C. Brush
- Bat Batjargal
- Nancy M. Carter
- Dan K. Hsu
In Finance
- Melissa S. Cardon
- C. Mitteness
- Richard Sudek
- A. McKelvie
- Isabell M. Welpe
- Eli Gimmon
- Alexander Smeja
- A. Ong
Citations in the corpus
- The Importance of Being Emotional : How do Emotions Affect Entrepreneurial Opportunity Evaluation and Exploitation? (2010, methodology): “Cases can take into consideration the complexities of the evaluation of opportunities and have been used in several studies with an entrepreneurship focus (e.g., Keh et al., 2002; Zacharakis and Shepherd, 2001).”
- The Price of Policy Risk - Empirical Insights from Choice Experiments with European Photovoltaic Project Developers (2012, unknown): “Franke et al., 2006; Muzyka et al., 1996; Riquelme & Rickards, 1992; Shepherd & Zacharakis, 1999; Zacharakis & Meyer, 2000; Zacharakis & Shepherd, 2001 ).”
- Value Is in the Eye of the Owner (2012, background): “This allows them to make decisions in a more habitual manner—that is, through automatic processing rather than through more conscious, step-by-step systematic processing (Logan, 1990; Zacharakis & Shepherd, 2001).”
- Network triads: transitivity, referral and venture capital decisions in China and Russia (2007, background): “Strong ties may increase investors’ confidence in projected success of ventures, and confident venture capitalists are likely to interpret information about young firms in favorable ways (Zacharakis & Shepherd 2001).”
- Need for achievement, business goals, and entrepreneurial persistence (2007, background): “Studies have shown that entrepreneurs are often unreasonably optimistic about their future prospects and that they often overestimate their abilities, knowledge, and chances of success (Cooper et al., 1988; Zacharakis and Shepherd, 2001).”
- "In pursuit of the real deal": A longitudinal study of VC decision making (2011, background): “Thus, over time, the VCs in this study appear to require less time to identify a weakness in a deal, which may be a result of greater intuition gained from their deal evaluation experience (Khan, 1987; MacMillan et al., 1987; Zacharakis and Shepherd, 2001; Shepherd et al., 2003).”
- The Study of Bias in Entrepreneurship (2017, background): “Similarities between VCs and entrepreneurs, in demographic factors, work value congruence, and perceived power equality, were proposed to 16 ENTREPRENEURSHIP THEORY and PRACTICE positively bias VCs’ willingness to invest (Cable & Shane, 1997).”