|
|
|
|
||||
|
||||
Allocation of Attention to Portfolio Companies and the Performance of Venture Capital FirmsMikko JääskeläinenHelsinki University of Technology - Institute of Strategy Markku V. J. MaulaAalto University, Dept. of Industrial Engineering and Management, Institute of Strategy Tuukka SeppäBoston Consulting Group March 2006 Entrepreneurship Theory and Practice, Vol. 30, No. 2, pp. 18-206 Abstract: This article proposes that the attention allocated by venture capitalists to portfolio companies impacts their performance. The article develops arguments for optimal portfolio size and for the moderating roles of syndication frequency and role. The hypotheses receive support from analyses employing longitudinal data of the leading U.S. venture capital firms. Our results indicate the value of venture capitalist involvement and give guidance for its optimal allocation and syndication.
Keywords: Venture capital, portfolio, allocation of attention, performance JEL Classification: G24, M13 Accepted Paper SeriesDate posted: August 22, 2008Suggested CitationContact Information
|
|
||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo8 in 0.328 seconds
