Options
Strategy and Investment Criteria in the German and Israeli Venture Capital Industry compared to the US
Journal
International Journal of Technology Management (IJTM)
ISSN
0267-5730
ISSN-Digital
1741-5276
Type
journal article
Date Issued
2006
Author(s)
Hisrich, Robert D.
Abstract
Venture capital, the financing concept that has more than a 30-year formal history in some western countries such as the USA, still remains relatively unknown in many countries. The USA and some other countries have a more mature venture capital sector dominated by investments in high technology. However, this is not the case in most other countries. Surprisingly, this is the case in countries with a strong and highly developed economy such as Germany, as well as in smaller countries with a booming high technology sector such as Israel. In both countries, little empirical work has been done to gain insights on how the venture capital industry works. By using the same research methodology as in prior US studies, this paper identifies different investment behaviours of German and Israeli venture capitalists prior to the investment decision and as well as their involvement in the strategy of the portfolio firm.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Inderscience Enterprises Ltd
Publisher place
Geneva-Aeroport
Volume
34
Number
1-2
Start page
88
End page
104
Pages
17
Subject(s)
Division(s)
Eprints ID
69720