Abstract (EN):
The internationalization process is widely believed to be one of the most relevant dimensions in companies across countries. Nevertheless, operate abroad might not be easy for new ventures. This study approached the Venture Capitalists (VC)'s intervention in this kind of firms. It provides empirical data that VCs might take a decisive role, supporting International New Ventures (INVs) in their international path, through their capabilities, resources or international networks. Using a sample of Portuguese VCs, this study's results suggest that industry knowledge, prior international experience, syndicated investments or "social status" are some examples of the VC's important characteristics within foreign markets. VC-backing might be especially useful, in terms of the involvement in the new venture's board, networks and international activities.
Language:
English
Type (Professor's evaluation):
Scientific
No. of pages:
14