Hardback
Handbook of Research on Venture Capital: Volume 2
A Globalizing Industry
9781849801683 Edward Elgar Publishing
This Handbook charts the development of venture capital research in light of the global financial crisis, starting with an analysis of the current venture capital market and the changing nature of the business angel market.
Looking at governance structures; the performance of venture capitalists in terms of investments, economic impact and human capital; geographical organization of business angels and venture capital global ‘hotspots’; this book also analyses the current state of venture capital research and offers a roadmap for the future.
Looking at governance structures; the performance of venture capitalists in terms of investments, economic impact and human capital; geographical organization of business angels and venture capital global ‘hotspots’; this book also analyses the current state of venture capital research and offers a roadmap for the future.
More Information
Critical Acclaim
Contributors
Contents
More Information
This Handbook charts the development of venture capital research in light of the global financial crisis, starting with an analysis of the current venture capital market and the changing nature of the business angel market.
Looking at governance structures, the performance of venture capitalists in terms of investments, economic impact and human capital, and the geographical organization of business angels and venture capital global ‘hotspots’, this book also analyses the current state of venture capital research and offers a roadmap for the future.
Looking at governance structures, the performance of venture capitalists in terms of investments, economic impact and human capital, and the geographical organization of business angels and venture capital global ‘hotspots’, this book also analyses the current state of venture capital research and offers a roadmap for the future.
Critical Acclaim
‘This exciting second volume of cutting-edge research on venture capital takes up where volume one leaves off, bringing greater depth to topics covered in the first volume (such as angel investing) and adding new topics and insights. It poses interesting questions such as: “is venture capital in crisis? Are new models of early investing needed?”, and offers carefully researched answers. Landström and Mason provide insightful commentary and skillfully pinpoint the contributions of a talented set of researchers. Both scholars and practitioners of venture capital will want to read this book.’
– Harry J. Sapienza, University of Minnesota, US
‘The second volume of the Handbook of Research on Venture Capital provides an important guidepost for venture capital researchers. As Landström and Mason point out, the nature of venture capital has changed dramatically over the last ten years. The asset class as a whole has failed to return principal and the old model is under tremendous strain. The contributors nicely highlight many of these changes, especially how venture capital has scaled beyond the US. For those of us active in venture capital research, the chapters raise many interesting research questions that deserve further attention.’
– Andrew Zacharakis, Babson College, US
– Harry J. Sapienza, University of Minnesota, US
‘The second volume of the Handbook of Research on Venture Capital provides an important guidepost for venture capital researchers. As Landström and Mason point out, the nature of venture capital has changed dramatically over the last ten years. The asset class as a whole has failed to return principal and the old model is under tremendous strain. The contributors nicely highlight many of these changes, especially how venture capital has scaled beyond the US. For those of us active in venture capital research, the chapters raise many interesting research questions that deserve further attention.’
– Andrew Zacharakis, Babson College, US
Contributors
Contributors: A. Avdeitchikova, G. Avnimelech, D. Cumming, D. De Clercq, D. Dimov, S. Harel, S.A. Johan, H. Landström, D. Lingelbach, H. Lu, C. Mason, A. Parhankangas, J. Sohl, R. Sørheim, Y. Tan
Contents
Contents:
Preface
PART I: INTRODUCTION: VENTURE CAPITAL MARKETS
1. Introduction
Colin Mason and Hans Landström
2. The Changing Nature of the Angel Market
Jeffrey Sohl
PART II: VENTURE CAPITAL: GOVERNANCE STRUCTURES
3. Institutional Investment in Private Equity
Sofia A. Johan
4. Venture Capital Financial Contracting: An Overview of the International Evidence
Douglas Cumming
PART III: VENTURE CAPITAL: PERFORMANCE
5. Venture Capital Firms: A Human Capital Perspective
Dirk De Clercq and Dimo Dimov
6. The Economic Impact of Venture Capital
Annaleena Parhankangas
7. Venture Capitalists as Smart Investors
Roger Sørheim
PART IV: VENTURE CAPITAL: REGIONAL ASPECTS
8. The Geographic Organization of ‘Venture Capital’ and ‘Business Angels’
Sofia Avdeitchikova
9. Global Venture Capital ‘Hotspots’: Israel
Gil Avnimelech and Shai Harel
10. Global Venture Capital ‘Hotspots’: China
Haitian Lu and Yi Tan
11. Global Venture Capital ‘Hotspots’: Developing Countries
David Lingelbach
PART V: VENTURE CAPITAL: THE FUTURE
12. Venture Capital Research: The Road Ahead
Hans Landström and Colin Mason
Index
Preface
PART I: INTRODUCTION: VENTURE CAPITAL MARKETS
1. Introduction
Colin Mason and Hans Landström
2. The Changing Nature of the Angel Market
Jeffrey Sohl
PART II: VENTURE CAPITAL: GOVERNANCE STRUCTURES
3. Institutional Investment in Private Equity
Sofia A. Johan
4. Venture Capital Financial Contracting: An Overview of the International Evidence
Douglas Cumming
PART III: VENTURE CAPITAL: PERFORMANCE
5. Venture Capital Firms: A Human Capital Perspective
Dirk De Clercq and Dimo Dimov
6. The Economic Impact of Venture Capital
Annaleena Parhankangas
7. Venture Capitalists as Smart Investors
Roger Sørheim
PART IV: VENTURE CAPITAL: REGIONAL ASPECTS
8. The Geographic Organization of ‘Venture Capital’ and ‘Business Angels’
Sofia Avdeitchikova
9. Global Venture Capital ‘Hotspots’: Israel
Gil Avnimelech and Shai Harel
10. Global Venture Capital ‘Hotspots’: China
Haitian Lu and Yi Tan
11. Global Venture Capital ‘Hotspots’: Developing Countries
David Lingelbach
PART V: VENTURE CAPITAL: THE FUTURE
12. Venture Capital Research: The Road Ahead
Hans Landström and Colin Mason
Index
