The impact of liability of foreignness on international venture capital firms in Singapore

被引:31
作者
Lu, Qing [1 ]
Hwang, Peter [2 ]
机构
[1] Logist Inst Asia Pacific, Singapore 117574, Singapore
[2] Natl Univ Singapore, Dept Business Policy, Sch Business, Singapore 117592, Singapore
关键词
Venture capital; Liability of foreignness; Deal assessment; Deal origination; Deal evaluation; WEAK TIES; KNOWLEDGE; INVESTMENTS; PERFORMANCE; RESOURCES; INDUSTRY; SEARCH; MODEL; VIEW;
D O I
10.1007/s10490-008-9125-0
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This empirical study explores the impact of the liability of foreignness on international venture capital (VC) firms in Singapore as well as the response. In the stage of VC deal assessment, international VC firms are found to originate fewer unsolicited deals from networks compared to domestic ones due to the liability of foreignness. In response to such liability, international VC firms primarily use their homegrown advantages, and originate more solicited deals from networks.
引用
收藏
页码:81 / 97
页数:17
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