Venture Capital Investment Strategy in Emerging Markets: A Resource Approach,Used

Venture Capital Investment Strategy in Emerging Markets: A Resource Approach,Used

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In this study, I apply resource theory andknowledgebased theory to analyze the competitive advantage of venture capital (VC) firms in emerging markets and explore how VC firms accumulate their knowledge and build networks through their investmentstrategies in such markets. Fourmechanisms for knowledge accumulation are summarized, namely, learning byjointing venture, learning by hiring, learning by doing, and learning by observing. My research has found significant differencesbetween foreign and local VC firms in their investment decision process and syndication strategy. This study has also shown that VC knowledge affects its usage of learning mechanisms and together they affect VC investment strategies in emergingmarkets. The study is especially useful for venturecapitalists in emerging markets as well as governmentpolicy makers in these countries.

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If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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