Understanding global flows of venture capital: Human networks as the "carrier wave" of globalization

Ravi Madhavan, Akie Iriyama

研究成果: Article

56 引用 (Scopus)

抄録

Industry participants and observers view venture capital as fundamentally a local business. However, recent data show an increasing share of US venture capital investments flowing overseas. We suggest that cross-border venture capital flows are associated with the formation of transnational technical communities (TTCs), groups of immigrants active in both home- and host-country technical networks. Our results highlight the role of human networks as a mechanism of industry globalization, and support the view that TTCs are emerging economic actors in their own right.

元の言語English
ページ(範囲)1241-1259
ページ数19
ジャーナルJournal of International Business Studies
40
発行部数8
DOI
出版物ステータスPublished - 2009 10
外部発表Yes

Fingerprint

Industry
Economics
Globalization
Venture capital
Host country
Observer
Immigrants
Home country
Cross-border
Capital investment
Capital flows

ASJC Scopus subject areas

  • Business and International Management
  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Management of Technology and Innovation
  • Strategy and Management

これを引用

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