Venture Capitalists as Catalysts to New Venture Internationalization: The Impact of Their Knowledge and Reputation Resources

Stephanie A. Fernhaber and Patricia P. McDougall-Covin

Entrepreneurship Theory and Practice, 2009, vol. 33, issue 1, 277-295

Abstract: Venture Capitalists (VC) play an important role in influencing the strategic direction of the firms in which they invest. The findings of this study reveal that VCs can serve as a catalyst to new venture internationalization through the provision of knowledge and reputation resources. Furthermore, the international knowledge of a VC is more positively related to new venture internationalization when the VC is also reputable.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:33:y:2009:i:1:p:277-295

DOI: 10.1111/j.1540-6520.2008.00289.x

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