EconPapers    
Economics at your fingertips  
 

Closing the gap or enlarging the pool: How venture capitalist differ in their syndication motives

Carola Jungwirth and Petra Moog ()
Additional contact information
Petra Moog: Institute for Strategy and Business Economics, University of Zurich

No 23, Working Papers from University of Zurich, Institute for Strategy and Business Economics (ISU)

Abstract: The question why venture capitalists syndicate their deals has been attract-ing growing attention. The paper analyses how the motives of two types of venture capitalists do differ. Focusing on information costs it expects that venture capitalists with the standard basic know-how in founding and financing new enterprises syndicate to get access to specific knowledge while venture capital-ists with specific knowledge concerning a certain industry or financing stage syndicate to get access to deal flow. Hypotheses are tested via a dataset of 103 venture capitalists in Austria, Germany, and Switzerland.

Pages: 25 pages
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://repec.business.uzh.ch/RePEc/iso/ISU_WPS/23_ISU_full.pdf First version, 2004 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iso:wpaper:0023

Access Statistics for this paper

More papers in Working Papers from University of Zurich, Institute for Strategy and Business Economics (ISU) Contact information at EDIRC.
Bibliographic data for series maintained by IBW IT ().

 
Page updated 2020-01-26
Handle: RePEc:iso:wpaper:0023