New venture internationalization: The role of venture capital types and reputation

被引:37
作者
Park, Sarah [1 ]
LiPuma, Joseph A. [2 ]
机构
[1] Univ Kent, Kent Business Sch, Pk Wood Rd, Canterbury CT2 7FS, Kent, England
[2] Boston Univ, Questrom Sch Business, 595 Commonwealth Ave, Boston, MA 02215 USA
关键词
Internationalization; Venture capital; Corporate venture capital; INFORMATION INTERNALIZATION; CAPABILITIES PERSPECTIVE; KNOWLEDGE; ENTREPRENEURIAL; FIRM; TECHNOLOGY; PERFORMANCE; INVESTMENT; INNOVATION; DIVERSITY;
D O I
10.1016/j.jwb.2019.101025
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines how different types of venture capital relate to new venture internationalization. Using a sample of 646 U.S. new ventures that executed IPOs between 1995 and 2010, we find that ventures with foreign or corporate venture capital have higher levels of international intensity. We also investigate the moderating role of VC reputation on the relationship between foreign venture capital and international intensity and corporate venture capital and international intensity. Our results suggest that VC reputation weakens the positive relationship between corporate VC and international intensity.
引用
收藏
页数:10
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