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|Soort document:||Boek, Archiefmateriaal|
|Alle auteurs / medewerkers:||
Hsu David H.
|Beschrijving:||150 leaves : ill. ; 29 cm.|
|Verantwoordelijkheid:||by David H. Hsu.|
(Cont.) While the main finding is that control of IPR increases the relative return to cooperation over competition, we also find evidence that association with VC facilitates a cooperative strategy by lowering transaction costs to accessing information channels. The final essay examines the evolution of VC practices at one early and influential VC firm, American Research & Development (ARD), and the entry of alternative organizational forms in financing and developing early stage firms. The ARD case highlights the important practices associated with VC, and ARD's evolution of financing practices. Structural and business environment factors of VC seem to both leave a funding gap for early stage start-ups and concentrate investments, as measured by industrial sector and geographic location. Alternative organizational forms seem to have arisen to address these opportunities.