메뉴 건너뛰기




Volumn 20, Issue 3, 2006, Pages 90-112

An entrepreneur's guide to the venture capital galaxy

Author keywords

[No Author keywords available]

Indexed keywords


EID: 33748329376     PISSN: 15589080     EISSN: None     Source Type: Journal    
DOI: 10.5465/AMP.2006.21903483     Document Type: Article
Times cited : (165)

References (67)
  • 3
    • 0000577806 scopus 로고    scopus 로고
    • Venture capital and the structure of capital markets: Banks versus stock markets
    • Black, B. S. & Gilson, R. J. 1998. Venture capital and the structure of capital markets: banks versus stock markets. Journal of Financial Economics, 47: 243-277.
    • (1998) Journal of Financial Economics , vol.47 , pp. 243-277
    • Black, B.S.1    Gilson, R.J.2
  • 4
    • 38249014114 scopus 로고
    • Legal aspects of start-up evaluation and adjustment methods
    • Bouillet-Cordonnier, G. 1992. Legal aspects of start-up evaluation and adjustment methods. Journal of Business Venturing, 7: 91-101.
    • (1992) Journal of Business Venturing , vol.7 , pp. 91-101
    • Bouillet-Cordonnier, G.1
  • 5
    • 0036021940 scopus 로고    scopus 로고
    • Venture capital syndication: Improved venture selection versus the value-added hypothesis
    • Brander, J. A., R. Amit, & W. Antweiler. 2002. Venture capital syndication: Improved venture selection versus the value-added hypothesis, Journal of Economics and Management Strategy 11(3): 423-452.
    • (2002) Journal of Economics and Management Strategy , vol.11 , Issue.3 , pp. 423-452
    • Brander, J.A.1    Amit, R.2    Antweiler, W.3
  • 6
    • 4344699554 scopus 로고    scopus 로고
    • CEO dismissal in venture capital backed firms: Further evidence from an agency perspective
    • Bruton, G., Fried, V. H., & Hisrich, R. D. 2000. CEO dismissal in venture capital backed firms: Further evidence from an agency perspective. Entrepreneurship Theory & Practice, 24(4): 69-78.
    • (2000) Entrepreneurship Theory & Practice , vol.24 , Issue.4 , pp. 69-78
    • Bruton, G.1    Fried, V.H.2    Hisrich, R.D.3
  • 7
    • 27844554381 scopus 로고    scopus 로고
    • Institutional influences on the worldwide expansion of venture capital
    • Bruton, G. D., Fried, V. H. & Manigart, S. 2005. Institutional influences on the worldwide expansion of venture capital. Entrepreneurship Theory & Practice, November: 737-760.
    • (2005) Entrepreneurship Theory & Practice , vol.NOVEMBER , pp. 737-760
    • Bruton, G.D.1    Fried, V.H.2    Manigart, S.3
  • 8
    • 0038553446 scopus 로고    scopus 로고
    • The framing of perceptions of fairness in the relationships between venture capitalists and new venture teams
    • Busenitz, L. W., Moesel, D. D., Fiet, J. O. & Barney, J. B. 1997. The framing of perceptions of fairness in the relationships between venture capitalists and new venture teams. Entrepreneurship: Theory & Practice, 21(3):5-21.
    • (1997) Entrepreneurship: Theory & Practice , vol.21 , Issue.3 , pp. 5-21
    • Busenitz, L.W.1    Moesel, D.D.2    Fiet, J.O.3    Barney, J.B.4
  • 9
    • 4344613854 scopus 로고    scopus 로고
    • Reconsidering the venture capitalists' 'value added' proposition: An interorganizational learning perspective
    • Busenitz, L. W., Moesel, D. D., & Fiet, J. O. 2004. Reconsidering the venture capitalists' 'value added' proposition: An interorganizational learning perspective. Journal of Business Venturing, 19(6); 787-807.
    • (2004) Journal of Business Venturing , vol.19 , Issue.6 , pp. 787-807
    • Busenitz, L.W.1    Moesel, D.D.2    Fiet, J.O.3
  • 10
    • 38249034732 scopus 로고
    • Syndicated investments by venture capital firms: A networking perspective
    • Bygrave, W. 1987. Syndicated investments by venture capital firms: A networking perspective. Journal of Business Venturing, 2: 139-154.
    • (1987) Journal of Business Venturing , vol.2 , pp. 139-154
    • Bygrave, W.1
  • 11
    • 0031477023 scopus 로고    scopus 로고
    • A prisoner's dilemma approach to entreprreneur-venture capitalist relationships
    • Cable, D. M., & Shane, S. 1997. A prisoner's dilemma approach to entreprreneur-venture capitalist relationships. Academy of Management Review, 22(1): 142-176.
    • (1997) Academy of Management Review , vol.22 , Issue.1 , pp. 142-176
    • Cable, D.M.1    Shane, S.2
  • 12
    • 11044231189 scopus 로고    scopus 로고
    • The risk and return of venture capital
    • Cochrane, 2005. The risk and return of venture capital. Journal of Financial Economics, 75:3-52.
    • (2005) Journal of Financial Economics , vol.75 , pp. 3-52
  • 13
    • 0037362183 scopus 로고    scopus 로고
    • A cross-country comparison of full and partial venture capital exits
    • Cumming, D., & MacIntosh, J., 2003. A cross-country comparison of full and partial venture capital exits. Journal of Banking & Finance (27): 511-548.
    • (2003) Journal of Banking & Finance , Issue.27 , pp. 511-548
    • Cumming, D.1    MacIntosh, J.2
  • 14
    • 33748315878 scopus 로고    scopus 로고
    • Bankruptcy
    • M. A. Hitt & R. D. Ireland, eds., Blackwell Publishing, Oxford
    • D'Aveni, R. A. 2005. "Bankruptcy" in The Blackwell Encyclopedia of Management, 2ed. M. A. Hitt & R. D. Ireland, eds., Blackwell Publishing, Oxford.
    • (2005) The Blackwell Encyclopedia of Management, 2ed.
    • D'Aveni, R.A.1
  • 16
    • 27844556951 scopus 로고    scopus 로고
    • When do venture capital firms learn from their investments
    • De Clercq, D., & Sapienza H. J., 2005. When do venture capital firms learn from their investments. Entrepreneurship Theory & Practice, 29(4): 517-535.
    • (2005) Entrepreneurship Theory & Practice , vol.29 , Issue.4 , pp. 517-535
    • De Clercq, D.1    Sapienza, H.J.2
  • 17
    • 0346271891 scopus 로고    scopus 로고
    • Does business planning facilitate the development of new ventures?
    • Delmar, F., & Shane, S. 2003. Does business planning facilitate the development of new ventures? Strategic Management Journal, 24(12): 1165-1185.
    • (2003) Strategic Management Journal , vol.24 , Issue.12 , pp. 1165-1185
    • Delmar, F.1    Shane, S.2
  • 18
    • 8144229493 scopus 로고    scopus 로고
    • Human capital theory and venture capital firms: Exploring home runs and strike outs
    • Dimov, D., & Shepherd 2005. Human capital theory and venture capital firms: Exploring home runs and strike outs. Journal of Business Venturing, 20(1); 1-21.
    • (2005) Journal of Business Venturing , vol.20 , Issue.1 , pp. 1-21
    • Dimov, D.1    Shepherd2
  • 19
    • 0036479210 scopus 로고    scopus 로고
    • German venture-capital firms and portfolio-company performance: What types of management support make a difference?
    • Edelman, L. F. 2002. German venture-capital firms and portfolio-company performance: What types of management support make a difference? The Academy of Management Executive, 16(1): 156-157.
    • (2002) The Academy of Management Executive , vol.16 , Issue.1 , pp. 156-157
    • Edelman, L.F.1
  • 20
    • 18144408395 scopus 로고    scopus 로고
    • Are some entrepreneurs more confident than others?
    • Forbes, D. 2005. Are some entrepreneurs more confident than others? Journal of Business Venturing, 20(5): 623-640.
    • (2005) Journal of Business Venturing , vol.20 , Issue.5 , pp. 623-640
    • Forbes, D.1
  • 22
    • 33748326496 scopus 로고    scopus 로고
    • Undercapitalization
    • M. A. Hitt & R. D. Ireland, eds., Blackwell Publishing, Oxford
    • Fried, V. H. 2005. "Undercapitalization" in The Blackwell Encyclopedia of Management, 2ed. M. A. Hitt & R. D. Ireland, eds., Blackwell Publishing, Oxford.
    • (2005) The Blackwell Encyclopedia of Management, 2ed.
    • Fried, V.H.1
  • 23
    • 0000151338 scopus 로고    scopus 로고
    • Strategy and the board of directors in venture capital-backed firms
    • Fried V. H., Bruton G. & Hisrich R. 1998. Strategy and the board of directors in venture capital-backed firms. Journal of Business Venturing, 13: 493-503.
    • (1998) Journal of Business Venturing , vol.13 , pp. 493-503
    • Fried, V.H.1    Bruton, G.2    Hisrich, R.3
  • 24
    • 21844508419 scopus 로고
    • Toward a model of venture capital investment decision making
    • Fried, V. H., & Hisrich, R. 1994. Toward a model of venture capital investment decision making. Financial Management, 23(3): 28-37.
    • (1994) Financial Management , vol.23 , Issue.3 , pp. 28-37
    • Fried, V.H.1    Hisrich, R.2
  • 25
    • 84968081559 scopus 로고
    • The venture capitalist: A relationship investor
    • Fried, V. H., & Hisrich, R. 1995. The venture capitalist: A relationship investor. California Management Review, 37(2): 101-113. It should be noted here that BAs and CVCs are less likely to hold such powers.
    • (1995) California Management Review , vol.37 , Issue.2 , pp. 101-113
    • Fried, V.H.1    Hisrich, R.2
  • 26
    • 0031280955 scopus 로고    scopus 로고
    • Limited attention and the role of the venture capitalist
    • Gifford, S. 1997. Limited attention and the role of the venture capitalist. Journal of Business Venturing, 12: 459-482.
    • (1997) Journal of Business Venturing , vol.12 , pp. 459-482
    • Gifford, S.1
  • 27
    • 0037259925 scopus 로고    scopus 로고
    • Understanding venture capital structure: A tax explanation for convertible preferred stock
    • Gilson, R. J., & D. M. Schizer, 2003. Understanding venture capital structure: A tax explanation for convertible preferred stock. Harvard Law Review, 116: 874-916.
    • (2003) Harvard Law Review , vol.116 , pp. 874-916
    • Gilson, R.J.1    Schizer, D.M.2
  • 29
    • 0030240848 scopus 로고    scopus 로고
    • Grandstanding in the venture capital industry
    • Gompers, P. 1996. Grandstanding in the venture capital industry. Journal of Financial Economics, 42: 133-156.
    • (1996) Journal of Financial Economics , vol.42 , pp. 133-156
    • Gompers, P.1
  • 34
    • 0002521273 scopus 로고    scopus 로고
    • The role of trust in the informal investment decision: An exploratory analysis
    • Harrison, R. T., & Dibben, M. R. 1997. The role of trust in the informal investment decision: an exploratory analysis. Entrepreneurship Theory and Practice, Summer: 63-81.
    • (1997) Entrepreneurship Theory and Practice , vol.SUMMER , pp. 63-81
    • Harrison, R.T.1    Dibben, M.R.2
  • 35
    • 23944516772 scopus 로고    scopus 로고
    • Private equity performance: Returns, persistence & capital flows
    • Kaplan, S. & A. Schoar, 2005. Private equity performance: Returns, persistence & capital flows. Journal of Finance, 60(4): 1791.
    • (2005) Journal of Finance , vol.60 , Issue.4 , pp. 1791
    • Kaplan, S.1    Schoar, A.2
  • 36
    • 22944452170 scopus 로고    scopus 로고
    • What are firms? Evolution from birth to public companies
    • Cambridge, MA: National Bureau of Economic Research
    • Kaplan, S. N., B. A. Sensoy, & P. Stromberg, 2005. What are firms? Evolution from birth to public companies. NBER Working paper 11581, Cambridge, MA: National Bureau of Economic Research.
    • (2005) NBER Working Paper 11581
    • Kaplan, S.N.1    Sensoy, B.A.2    Stromberg, P.3
  • 37
    • 0038660446 scopus 로고    scopus 로고
    • Financial contracting theory meets the real world: An empirical analysis of venture capital contracts
    • Kaplan, S., & P. Stromberg, 2003. Financial contracting theory meets the real world: An empirical analysis of venture capital contracts. Review of Financial Studies, 70:281-315.
    • (2003) Review of Financial Studies , vol.70 , pp. 281-315
    • Kaplan, S.1    Stromberg, P.2
  • 38
    • 35448964844 scopus 로고    scopus 로고
    • Comparing catalysts of change: Evolution and institutional differences in the venture capital industries in the U.S., Japan and Germany
    • edited by R. Burgelman and H. Chesbrough. Greenwich, CT: JAI Press
    • Kummerle, W. 2001. Comparing catalysts of change: Evolution and institutional differences in the venture capital industries in the U.S., Japan and Germany. In Research on Technological Innovation, Management and Policy, edited by R. Burgelman and H. Chesbrough. Greenwich, CT: JAI Press.
    • (2001) Research on Technological Innovation, Management and Policy
    • Kummerle, W.1
  • 39
    • 21844491518 scopus 로고
    • The syndication of venture capital investments
    • Lerner, J. 1994. The syndication of venture capital investments. Financial Management, 23(3): 16-27.
    • (1994) Financial Management , vol.23 , Issue.3 , pp. 16-27
    • Lerner, J.1
  • 40
    • 45249130669 scopus 로고
    • Venture capitalists' involvement in their investment extent and performance
    • MacMillan, I. C., Kulow, D. M., & Khoylian, R. 1989. Venture capitalists' involvement in their investment extent and performance, Journal of Business Venturing, January: 27-47.
    • (1989) Journal of Business Venturing , vol.JANUARY , pp. 27-47
    • MacMillan, I.C.1    Kulow, D.M.2    Khoylian, R.3
  • 41
    • 84977723575 scopus 로고
    • Venture capitalist certification in initial public offering
    • Megginson, W. L., & Weiss, K. A. 1991. Venture capitalist certification in initial public offering. Journal of Finance, 46(3): 879-903.
    • (1991) Journal of Finance , vol.46 , Issue.3 , pp. 879-903
    • Megginson, W.L.1    Weiss, K.A.2
  • 42
    • 85039321256 scopus 로고    scopus 로고
    • MoneyTree Survey 2004 by PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital Association
    • MoneyTree Survey 2004 by PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital Association.
  • 43
    • 38249000088 scopus 로고
    • Specialization versus diversification as a venture capital investment strategy
    • Norton, E., & Tenenbaum, B. H. 1993. Specialization versus diversification as a venture capital investment strategy. Journal of Business Venturing, 8: 431-442.
    • (1993) Journal of Business Venturing , vol.8 , pp. 431-442
    • Norton, E.1    Tenenbaum, B.H.2
  • 44
    • 33748311314 scopus 로고    scopus 로고
    • Value-added investing: A framework for early stage venture capital firms
    • Pratch, L. 2005. Value-added investing: A framework for early stage venture capital firms. Journal of Private Equity, 8(3): 13-29.
    • (2005) Journal of Private Equity , vol.8 , Issue.3 , pp. 13-29
    • Pratch, L.1
  • 45
    • 33748303536 scopus 로고    scopus 로고
    • The ultimate business plan
    • Prince, C. J. 1997. The ultimate business plan. Success: 44-49.
    • (1997) Success , pp. 44-49
    • Prince, C.J.1
  • 46
    • 0344361530 scopus 로고
    • Analysis of the trade sale as a venture capital exit route
    • W. Bygrave, M. Hay, and J. Peeters (eds.), (FT-Pitman, London)
    • Relander, K.-E., Syrjanen, A. P., & Miettinen, A. 1994. Analysis of the trade sale as a venture capital exit route, in W. Bygrave, M. Hay, and J. Peeters (eds.), Realizing investment value (FT-Pitman, London).
    • (1994) Realizing Investment Value
    • Relander, K.-E.1    Syrjanen, A.P.2    Miettinen, A.3
  • 47
    • 0000887602 scopus 로고
    • The structure and governance of venture capital organizations
    • Sahlman, W. A. 1990. The structure and governance of venture capital organizations. Journal of Financial Economics, 27: 473-521.
    • (1990) Journal of Financial Economics , vol.27 , pp. 473-521
    • Sahlman, W.A.1
  • 49
  • 50
    • 21844490470 scopus 로고
    • Impact of agency risks and task uncertainty on venture capitalist-CEO interaction
    • Sapienza, H. J., & Gupta, A. K, 1994. Impact of agency risks and task uncertainty on venture capitalist-CEO interaction. Academy of Management Journal, 37(6): 1618-1632.
    • (1994) Academy of Management Journal , vol.37 , Issue.6 , pp. 1618-1632
    • Sapienza, H.J.1    Gupta, A.K.2
  • 51
    • 0030305325 scopus 로고    scopus 로고
    • The role of procedural justice in entrepreneur venture capital relations
    • Sapienza, H. J., & Korsgaard, M. A. 1996. The role of procedural justice in entrepreneur venture capital relations. Academy of Management Journal, 39: 544-574.
    • (1996) Academy of Management Journal , vol.39 , pp. 544-574
    • Sapienza, H.J.1    Korsgaard, M.A.2
  • 54
    • 0036493063 scopus 로고    scopus 로고
    • Network ties, reputation, and the financing of new ventures
    • Shane, S., & Cable D. 2002. Network ties, reputation, and the financing of new ventures. Management Science, 48(3): 364-381.
    • (2002) Management Science , vol.48 , Issue.3 , pp. 364-381
    • Shane, S.1    Cable, D.2
  • 55
    • 0032628182 scopus 로고    scopus 로고
    • Venture capitalists' assessment of new venture survival
    • Shepherd, D. A. 1999a. Venture capitalists' assessment of new venture survival. Management Science, May: 621-632.
    • (1999) Management Science , vol.MAY , pp. 621-632
    • Shepherd, D.A.1
  • 56
    • 0033114622 scopus 로고    scopus 로고
    • Venture capitalists' introspection: A comparison of in use and 'espoused' decision policies
    • Shepherd, D. A. 1999b. Venture capitalists' introspection: A comparison of in use and 'espoused' decision policies. Journal of Small Business Management, April: 621-632.
    • (1999) Journal of Small Business Management , vol.APRIL , pp. 621-632
    • Shepherd, D.A.1
  • 57
    • 45449124081 scopus 로고
    • Corporate venture capitalists: Autonomy, obstacles, and performance
    • Siegel, R. 1988. Corporate venture capitalists: Autonomy, obstacles, and performance. Journal of Business Venturing, 3(3): 233-247.
    • (1988) Journal of Business Venturing , vol.3 , Issue.3 , pp. 233-247
    • Siegel, R.1
  • 58
    • 1842729754 scopus 로고    scopus 로고
    • Financial contract design in the world of venture capital
    • Triantis, G. G. 2001. Financial contract design in the world of venture capital. University of Chicago Law Review, 68:305-322.
    • (2001) University of Chicago Law Review , vol.68 , pp. 305-322
    • Triantis, G.G.1
  • 59
    • 0021500315 scopus 로고
    • A model of venture capitalist investment activity
    • Tyebjee, T. and Bruno, A. 1984. A model of venture capitalist investment activity. Management Science, 30, 1066-1151.
    • (1984) Management Science , vol.30 , pp. 1066-1151
    • Tyebjee, T.1    Bruno, A.2
  • 61
    • 0038612965 scopus 로고    scopus 로고
    • Founder-CEO succession and the paradox of entrepreneurial success
    • Wasserman, N. 2003. Founder-CEO succession and the paradox of entrepreneurial success. Organization Science, 14:149-172.
    • (2003) Organization Science , vol.14 , pp. 149-172
    • Wasserman, N.1
  • 62
    • 33645927654 scopus 로고    scopus 로고
    • Upside-down venture capitalists and the transition toward pyramidal firms: Inevitable progression, or failed experiment?
    • Wasserman, N. 2005. Upside-down venture capitalists and the transition toward pyramidal firms: Inevitable progression, or failed experiment? Research in the Sociology of Work, 15:151-208.
    • (2005) Research in the Sociology of Work , vol.15 , pp. 151-208
    • Wasserman, N.1
  • 64
    • 33751538712 scopus 로고    scopus 로고
    • Venture capital and private equity: A review and synthesis
    • Wright, M., & Robbie, K. 1998. Venture capital and private equity: A review and synthesis. Journal of Business Finance & Accounting, 25(5-6): 521-569.
    • (1998) Journal of Business Finance & Accounting , vol.25 , Issue.5-6 , pp. 521-569
    • Wright, M.1    Robbie, K.2
  • 65
    • 0036095601 scopus 로고    scopus 로고
    • Intemationalization of Western venture capitalists into emerging markets: Risk assessment and information in India
    • Wright, M., Lockett, A., & Pruthi, S. 2002. Intemationalization of Western venture capitalists into emerging markets: Risk assessment and information in India. Small Business Economics, 19:13-29.
    • (2002) Small Business Economics , vol.19 , pp. 13-29
    • Wright, M.1    Lockett, A.2    Pruthi, S.3
  • 67
    • 12944262405 scopus 로고    scopus 로고
    • The potential of actuarial decision models: Can they improve the venture capital investment decision?
    • Zacharakis, A. L., & Meyer, G. D. 2000. The potential of actuarial decision models: Can they improve the venture capital investment decision? Journal of Business Venturing, 15: 323-346.
    • (2000) Journal of Business Venturing , vol.15 , pp. 323-346
    • Zacharakis, A.L.1    Meyer, G.D.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.