The venture capitalist and the board of directors in SMEs: roles and processes
Författare
Summary, in English
The paper provides an attempt to direct the research in the area of venture capitalist and the board of directors in SMEs. Issues about boards in venture capital-backed technology based industrials are explored, and various research designs are used to meet different research questions. Empirical results indicate that venture capital firms purposefully use boards in the portfolio firm, and boards in venture capital-backed firms are more active than boards in other firms. The venture capitalist and the entrepreneur/owner-manager of the portfolio firm may have diverging expectations to board roles. In this setting the board becomes an interesting meeting place for studying the processes and the dynamics between external and internal stakeholders. Future research in this area should integrate board role theories and board process theories.
Publiceringsår
2002
Språk
Engelska
Sidor
125-146
Publikation/Tidskrift/Serie
Venture Capital: An International Journal of Entrepreneurial Finance
Volym
4
Issue
2
Dokumenttyp
Artikel i tidskrift
Förlag
Taylor & Francis
Ämne
- Social Sciences Interdisciplinary
Nyckelord
- working relationships
- venture capital backed firms
- board involvement
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1464-5343