Reconsidering the venture capitalists' “value added” proposition: An interorganizational learning perspective

By Lowell W. Busenitz, James O. Fiet, Douglas D. Moesel. 2004

223 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/6d0cf2fe2b2250958bd63a7a0f49f70f2792529e

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Management of Technology and Innovation

Citations in the corpus

The contingent value of venture capitalist reputation (2011, background): “Frequent interactions between VCs and their portfolio firms also build trust, increase the degree of resource transfer (Fried and Hisrich, 1995; Westphal, 1999) and enhance the quality of learning by the portfolio firm (Busenitz et al., 2004).”
Founder's human capital, external investment, and the survival of new high-technology ventures (2010, background): “Surivor bias, noted by previous scholars as a problem in this field licy 39 (2010) 1214–1226 (Hall and Hofer, 1993; Busenitz et al., 2004; Davidsson, 2008) was avoided by including all founders of closed-down ventures in the sampling frame.”
Do VCs matter? the importance of owners on performance variance in start‐up firms (2009, background): “In contrast, over time VCs expect to stay involved, expect regular reports on the progress of the company, and often insist on control of the board and future decisions regarding ownership equity ( Busenitz et al., 2004; De Clercq et al., 2006).”
How should we divide the pie? Equity distribution and its impact on entrepreneurial teams ☆ (2015, background): “…and to implement those decisions” (Greenberg, 1987: 10) and which in an entrepreneurial context have mainly been applied to analyze perceptions of justice in the interaction between venture capitalists and entrepreneurs (Busenitz et al., 2004; Sapienza and Korsgaard, 1996; Sapienza et al., 2000).”
Business angels and value added: what do we know and where do we go? (2008, background): “Despite considerable interest in the value added activities of formal venture capital organizations (e.g. Gorman and Sahlman 1989; MacMillan, Kulow, and Kholyian 1989; Sapienza 1992; Busenitz, Fiet, and Moesel 2004) the same attention has been less evident in studies of informal venture capital.”
A Review and Road Map of Entrepreneurial Equity Financing Research: Venture Capital, Corporate Venture Capital, Angel Investment, Crowdfunding, and Accelerators (2017, background): “Similarly, Timmons and Bygrave (1986) highlighted the nonfinancial or managerial contributions that venture capitalists bring to the funded ventures, demonstrating that backing a venture was just as much or more about managing and providing valuable input to the entrepreneurs as about providing fina”
Examining the Future Trajectory of Entrepreneurship (2018, background): “Venture financing, including both venture capital and angel capital financing as well as other innovative financing techniques (Busenitz, Fiet, and Moesel 2004; Dimov, Shepherd, and Sutcliffe 2007).”