PT  - JOURNAL ARTICLE
AU  - E. Lutz
AU  - G. George
TI  - Venture Capitalists’ Role in New Venture Internationalization
AID  - 10.3905/jpe.2012.16.1.026
DP  - 2012 Nov 30
TA  - The Journal of Private Equity
PG  - 26--41
VI  - 16
IP  - 1
4099  - https://pm-research.com/content/16/1/26.short
4100  - https://pm-research.com/content/16/1/26.full
AB  - In this article, the authors explore the impact of venture capitalists on new venture internationalization. Based on 18 in-depth case studies, common patterns of how resource provisioning by venture capitalists influences international growth in their portfolio companies are outlined. Slack financial resources and heterogeneous non-financial resources provided by venture capitalists positively enhance the scale of internationalization in new ventures. In addition, the results emphasize a behavioral view of the relationship between venture capitalists and entrepreneurs, wherein the venture capitalist encourages the entrepreneur to strive for fast international growth.TOPICS: Private equity, global, in portfolio management, performance measurement