Specialization versus diversification as a venture capital i strategy (Record no. 43884)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01544nab a22001217a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 160615b1993 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Norton, Edgar |
| 245 ## - TITLE STATEMENT | |
| Title | Specialization versus diversification as a venture capital i strategy |
| Statement of responsibility, etc. | Norton, Edgar. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 1993 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 431 - 442 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Much important work has informed us of rates of return earned by venture capitalists, the importance of venture capitalists to the going public process, and the criteria venture capitalists use to evaluate deals. This paper seeks to add to the literature by testing hypotheses, based upon both the finance and strategic management literature, regarding certain venture capitalist investment practices. Venture capitalists seek to control or manage risk (Driscoll 1974; MacMillan, Siegel, and SubbaNarasimha 1985). Financing structure and investment strategy provide several means for venture capitalists to do this. Tools available to the venture capitalist include portfolio diversification to spread risk across different industries, firms, or hot/cold IPO markets to minimize unsystematic or investment-specific risk. Information sharing, networking, and specialization can also be used to control unsystematic risk. Several hypotheses are developed from these conflicting perspectives. Data used to test the hypotheses are derived from responses to a survey of venture capitalists. Three hundred surveys were mailed to venture capitalists; 98, or 32.7%,returned usable responses. ... |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Journal of Business Venturing |
| Place, publisher, and date of publication | Sep |
| Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Date acquired | Serial Enumeration / chronology | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ahmedabad (HO) | Ahmedabad (HO) | 21/06/2016 | Vol. 8, Issue. 5 | 020354 | 21/06/2016 | 21/06/2016 | Articles |