Numerous empirical studies investigate the effect of non-financial resources of venture capitalists, but it remains unclear which of these are to what extent beneficial (e.g., Sørensen, 2007). Based on the resource-based view, we shed light on the question which of the resources (“experience”, “reputation”, and “social capital”) are specifically important (Barney, 1991; Echols, 2000). We deduct a coherent set of hypotheses modeling the correlation between the provision of venture capitalists’ resources and different categories of success (Venkatraman and Ramanujam, 1986). By a meta-analytic approach, we assess which resource is particularly helpful for start-ups’ performance enhancement.
Bock, Carolin and Gerl, Anna
"VENTURE CAPITALISTS AND SUCCESS: A META-ANALYSIS ON THE IMPACT OF NON-FINANCIAL RESOURCES (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 36
, Article 2.
Available at: https://digitalknowledge.babson.edu/fer/vol36/iss2/2