scholarly journals Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers

2020 ◽  
Author(s):  
Ufuk Akcigit ◽  
Sina Ates ◽  
Josh Lerner ◽  
Richard Townsend ◽  
Yulia Zhestkova
Keyword(s):  
Venture Capital ◽  
Silicon Valley ◽  
Technology Spillovers ◽  
Cross Border

scholarly journals Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers

2020 ◽  
Author(s):  
Ufuk Akcigit ◽  
Sina Ates ◽  
Josh Lerner ◽  
Richard Townsend ◽  
Yulia Zhestkova
Keyword(s):  
Venture Capital ◽  
Silicon Valley ◽  
Technology Spillovers ◽  
Cross Border

scholarly journals Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers

2020 ◽  
Author(s):  
Ufuk Akcigit ◽  
Sina Ates ◽  
Josh Lerner ◽  
Richard Townsend ◽  
Yulia Zhestkova
Keyword(s):  
Venture Capital ◽  
Silicon Valley ◽  
Technology Spillovers ◽  
Cross Border

scholarly journals Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers

2020 ◽  
Author(s):  
Ufuk Akcigit ◽  
Sina Ates ◽  
Josh Lerner ◽  
Richard Townsend ◽  
Yulia Zhestkova
Keyword(s):  
Venture Capital ◽  
Silicon Valley ◽  
Technology Spillovers ◽  
Cross Border

Government Venture Capital and Cross-Border Venture Capital Investment

2015 ◽  
Author(s):  
Brian Paul Cozzarin ◽  
Douglas J. Cumming ◽  
Arash Soleimani Dahaj
Keyword(s):  
Venture Capital ◽  
Capital Investment ◽  
Venture Capital Investment ◽  
Cross Border

Collaboration Among Silicon Valley Venture Capitalists

2019 ◽  
pp. 200-219
Author(s):  
Lyda Bigelow ◽  
Jennifer Kuan ◽  
Kyle Mayer
Keyword(s):  
Venture Capital ◽  
Regulatory Focus ◽  
Regional Differences ◽  
Silicon Valley ◽  
Psychological Effects ◽  
Venture Capitalists ◽  
Regulatory Focus Theory ◽  
Industry Clusters ◽  
Entrepreneurial Ventures ◽  
Point Of Entry

Regional differences among industry clusters have long been a puzzle, especially when performance differences are significant. This chapter examines the case of venture capital investing, in which Silicon Valley differs from the rest of the world despite attempts to imitate its model. The point of entry in this chapter is the contract between venture capitalist and entrepreneur. Although such contracts have been analyzed in other research, this chapter argues that the psychological effects of different contract styles are of primary importance to innovative outcomes of entrepreneurial ventures. Thus, it argues that regulatory focus theory, which considers the psychological effects of contracting, is essential to understanding differences in practice and outcomes in venture capital clusters.

scholarly journals Going Abroad, Friends on Board: Cross-Border Venture Capital and Syndication Strategy in China

SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110074
Author(s):  
Zhiyi Qiu ◽  
Rong Chen ◽  
Ye Yang
Keyword(s):  
Empirical Study ◽  
Venture Capital ◽  
Emerging Markets ◽  
Cultural Distance ◽  
Cross Border ◽  
Entry Strategy ◽  
China Mainland ◽  
Entrepreneurial Activities

Cross-border venture capitals (CBVCs) are increasingly prevailing in recent decades, inter alia in emerging markets like China. The venture capital (VC) firms investing outside their home countries are faced with foreignness which is broadly regarded as liability. The primary aim of this article is to contribute to our understanding how foreignness affects VC’s strategy when entering emerging markets, particularly with respect to the foreignness originated from cultural distance. The data consist of over 5,000 CBVC deals taking place in China mainland from 1988 to 2016. Our empirical study shows that, with foreignness growing, it turns from liability into advantage in the context of CBVCs. We find an inverse U-shape relationship between foreignness and syndication, with VC firm’s reputation as the moderator. Besides, foreign VC firms establish local subsidiary when faced with foreignness, which serves as alternative to syndication. The key contribution of this article is that foreignness turns from liability into advantage in emerging markets, which exerts a curvilinear impact on the entry strategy of VC firms. This study advances the knowledge of foreignness and VC strategy, and sheds new light on entrepreneurial activities in emerging markets.

scholarly journals The Silicon Valley Syndrome

2019 ◽  
Author(s):  
Olav Sorenson ◽  
Doris Kwon
Keyword(s):  
Income Inequality ◽  
Venture Capital ◽  
Silicon Valley ◽  
High Tech ◽  
High Tech Sector ◽  
Tradable Sector

How does expansion in the high-tech sector influence the broader economy of a region? We demonstrate that an infusion of venture capital in a region appears associated with: (i) a decline in entrepreneurship, employment, and average incomes in other industries in the tradable sector; (ii) an increase in entrepreneurship and employment in the non-tradable sector; and (iii) an increase in income inequality in the non-tradable sector. An expansion in the high-tech sector therefore appears to lead to a less diverse tradable sector and to increasing inequality in the region.

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