On the Lifecycle Dynamics of Venture-Capital- and Non-Venture-Capital-Financed Firms

By Manju Puri, Rebecca Zarutskie. 2012

619 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/fed3e28c22f22a70b2cb04114d0e9fe1c5ea2b87

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 Economics and Econometrics

Citations in the corpus

Governmental venture capital for innovative young firms (2014, neutral): “…the importance of innovative young firms and of external financing for these firms, the crucial role played by VCs in fostering entrepreneurship is evident and has been documented by numerous studies (e.g. Colombo and Grilli 2010; Chemmanur et al. 2011; Puri and Zarutskie 2012; Croce et al. 2013).”
The Impact of Venture Capital Monitoring: The Impact of Venture Capital Monitoring (2015, positive): “Much of this literature tries to disentangle VC monitoring from screening by comparing outcomes of VC-backed and non-VC-backed companies (e.g., Hellmann and Puri, 2000; Chemmanur et al., 2011a; Hellmann and Puri, 2002; Puri and Zarutskie, 2012).”
Founder Replacement and Startup Performance (2018, background): “11If an acquisition value is unreported, Puri and Zarutskie (2012) suggest that it is small.”
The Deregulation of the Private Equity Markets and the Decline in IPOs (2019, neutral): “Second, although VC-backed firms make up less than 1% of all privately-held firms (Puri and Zarutskie (2012)), historically they have had a strong influence on the IPO market.10 This makes them particularly relevant to the analysis of the effects of the IPO decline.”
The Effects of Business Accelerators on Venture Performance: Evidence from Start-Up Chile (2017, background): “…is concentrated in IT related sectors such as Ecommerce (18%), IT & Enterprise Software (17%), Mobile and Wireless (9%), and Social Media (12%), which is comparable to the industry representation of VC-backed firms in Computers, Electronics and Telecom reported by Puri and Zarutskie (2012).”
Buy local? The geography of venture capital (2010, background): “…venture capital-backed companies outperform their peers on many dimensions: i) operational growth (Hellmann and Puri (2000)) ii) post-IPO performance (Brav and Gompers (1997)) iii) innovation and patenting activity (Kortum and Lerner (2000)) and iv) potential for scale (Puri and Zarutskie (2008)).”
Venture Capital Investment And The Performance Of Entrepreneurial Firms: Evidence From China (2013, background): “Puri and Zarutskie (2012) find that VC-backed firms grow more rapidly in scale compared to their non-VC-backed counterparts.”