Handbook of Research on Venture Capital : A Globalizing Industry
- Harry J. Sapienza, University of Minnesota, US
'The second volume of the Handbook of Research on Venture Capital provides an important guidepost for venture capital researchers. As Landström and Mason point out, the nature of venture capital has changed dramatically over the last ten years. The asset class as a whole has failed to return principal and the old model is under tremendous strain. The contributors nicely highlight many of these changes, especially how venture capital has scaled beyond the US. For those of us active in venture capital research, the chapters raise many interesting research questions that deserve further attention.'
- Andrew Zacharakis, Babson College, US
This Handbook charts the development of venture capital research in light of the global financial crisis, starting with an analysis of the current venture capital market and the changing nature of the business angel market.
Looking at governance structures, the performance of venture capitalists in terms of investments, economic impact and human capital, and the geographical organization of business angels and venture capital global 'hotspots', this book also analyses the current state of venture capital research and offers a roadmap for the future.
Contributors: A. Avdeitchikova, G. Avnimelech, D. Cumming, D. De Clercq, D. Dimov, S. Harel, S.A. Johan, H. Landström, D. Lingelbach, H. Lu, C. Mason, A. Parhankangas, J. Sohl, R. Sørheim, Y. Tan