This Handbook charts the development of venture capital research in light of the global financial crisis, starting with an analysis of the current venture capital market and the changing nature of the business angel market.
Looking at governance structures, the performance of venture capitalists in terms of investments, economic impact and human capital, and the geographical organization of business angels and venture capital global `hotspots', this book also analyses the current state of venture capital research and offers a roadmap for the future.
Edited by Hans Landstroem, Professor in Business Administration, Sten K. Johnson Centre for Entrepreneurship, Lund University, Sweden and Colin Mason, Professor of Entrepreneurship, Adam Smith Business School, University of Glasgow, UK
Contents: Preface PART I: INTRODUCTION: VENTURE CAPITAL MARKETS 1. Introduction Colin Mason and Hans Landstroem 2. The Changing Nature of the Angel Market Jeffrey Sohl PART II: VENTURE CAPITAL: GOVERNANCE STRUCTURES 3. Institutional Investment in Private Equity Sofia A. Johan 4. Venture Capital Financial Contracting: An Overview of the International Evidence Douglas Cumming PART III: VENTURE CAPITAL: PERFORMANCE 5. Venture Capital Firms: A Human Capital Perspective Dirk De Clercq and Dimo Dimov 6. The Economic Impact of Venture Capital Annaleena Parhankangas 7. Venture Capitalists as Smart Investors Roger Sorheim PART IV: VENTURE CAPITAL: REGIONAL ASPECTS 8. The Geographic Organization of `Venture Capital' and `Business Angels' Sofia Avdeitchikova 9. Global Venture Capital `Hotspots': Israel Gil Avnimelech and Shai Harel 10. Global Venture Capital `Hotspots': China Haitian Lu and Yi Tan 11. Global Venture Capital `Hotspots': Developing Countries David Lingelbach PART V: VENTURE CAPITAL: THE FUTURE 12. Venture Capital Research: The Road Ahead Hans Landstroem and Colin Mason Index