Why do venture capital firms exist? Theory and Canadian evidence
Article Abstract:
Canadian venture capital investment practices demonstrate that venture capital firms are important to the business sector because they lower expenses related to informational asymmetries. Two types of informational asymmetries, "hidden information" and "hidden action," can induce moral hazards or unfavorable selections respectively. These are of focal concerns for entrepreneurial investments because they can cause market defaults. Venture capitalists prevent these market failures through accurate selection and scrupulous monitoring.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 1998
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A dynamic perspective of internal fit in corporate venturing
Article Abstract:
Research is presented concerning the influence which the corporate relationship between the parent company and its subsidiary has on the success of corporate venturing. The dynamic nature of expanding companies is discussed.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 2001
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Knowledge, innovation and firm performance in high- and low-technology regimes
Article Abstract:
The impact of knowledge and innovation on performance of Canadian manufacturing companies is examined.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 2006
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