The determinants of startup valuation in the venture capital context: a systematic review and avenues for future research

A Köhn - Management Review Quarterly, 2018 - Springer
Startup valuation in the venture capital (VC) context is often said to be more art than science.
In view of this, it is particularly important to be aware of and understand the different …

International venture capital research: From cross‐country comparisons to crossing borders

M Wright, S Pruthi, A Lockett - International Journal of …, 2005 - Wiley Online Library
Venture capital (VC) has become an international phenomenon, and VC firms are a specific
kind of service firm whose characteristics have distinctive implications for international …

Legitimate distinctiveness and the entrepreneurial identity: Influence on investor judgments of new venture plausibility

C Navis, MA Glynn - Academy of Management Review, 2011 - journals.aom.org
We theorize about how the entrepreneurial identity, which we define as the constellation of
claims around the founder, new venture, and market opportunity as to “who we are” and …

The resource-based view of the firm: Ten years after 1991

J Barney, M Wright, DJ Ketchen Jr - Journal of management, 2001 - journals.sagepub.com
At present, the resource-based view of the firm is perhaps the most influential framework for
understanding strategic management. In this editor's introduction, we briefly describe the …

Local bias in venture capital investments

D Cumming, N Dai - Journal of empirical finance, 2010 - Elsevier
This paper examines local bias in the context of venture capital (VC) investments. Based on
a sample of US VC investments between 1980 and June 2009, we find more reputable VCs …

The structure and management of alliances: syndication in the venture capital industry

M Wright, A Lockett - Journal of management studies, 2003 - Wiley Online Library
abstract Syndicates are a form of inter‐firm alliance in which two or more venture capital
firms co‐invest in an investee firm and share a joint pay‐off. Syndication is a significant part …

Private equity returns and disclosure around the world

D Cumming, U Walz - Journal of International Business Studies, 2010 - Springer
To obtain more funds from the institutional investors, private equity (PE) fund managers may
report inflated valuations of private investee companies that are not yet sold. However, such …

Government policy towards entrepreneurial finance: Innovation investment funds

D Cumming - Journal of Business Venturing, 2007 - Elsevier
This paper analyses 280 Australian venture capital and private equity funds and their
investments in 845 entrepreneurial firms over the period 1982–2005. I focus the analysis on …

Institutions and the internationalization of US venture capital firms

I Guler, MF Guillén - Journal of International Business Studies, 2010 - Springer
In recent years, venture capital firms have increasingly turned to foreign countries in search
of investment opportunities. The cross-border expansion of venture capital firms presents an …

Trademarks and venture capital valuation

JH Block, G De Vries, JH Schumann… - Journal of Business …, 2014 - Elsevier
This study investigates the role of trademarks in the start-up valuations of venture capitalists
(VCs). Our results show that the number and breadth of trademark applications have …