Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1019877 | Journal of Business Venturing | 2006 | 29 Pages |
Abstract
In this paper, we seek to explain venture capitalists' reactions to disappointments caused by entrepreneurs. Our basic assumption is that venture capitalists' social environment, defined as exposure to venture capital and business communities, will influence their responses to problematic situations. The results of our study suggest that venture capitalists with strong ties to their colleagues and with managerial experience are more inclined to use active and constructive approaches than venture capitalists with a lesser exposure to the venture capital and business communities.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Annaleena Parhankangas, Hans Landström,