UK venture capital funds and the funding of new technology-based businesses: process and relationships

Article Abstract:

Through the 1980s the UK venture capital industry, with its perceived focus on risky and innovative businesses, has experienced substantial growth in terms of the number of funds, amounts invested and number of individual investments. In this article, the Tyebjee and Bruno (1984) venture capital deal creation model which was originated in the US has been used to explore the process of venture capital provision and the development of relationships between venture capital funds and and operating business managements. An empirical study of how UK-based venture capital funds operate has been undertaken. The findings generally corroborated the model in a UK context. It was also observed that while venture capitalists actively worked to nurture good relationships with operating business managements they were prepared to act decisively and proactively to protect their investments when they saw them being threatened fundamentally. There was also some evidence which suggested a slackening of interest in innovative, technology-based businesses, particularly those in their early stages of development. Further work is needed to identify if there are conceptual problems with the provision of venture capital to these types of businesses or implementation problems which are tractable. (Reprinted by permission of the publisher.)

Investors, not elsewhere classified, Models, Venture capital, Great Britain

---

A UK 'hands-off' venture capital firm and the handling of post-investment investor-investee relationships

Article Abstract:

Researches indicate that the UK venture capital firm industry is moving towards a trend that utilizes a closer and more proactive approach in the handling of their investors to have a competitive edge. An examination of a UK venture capital firm, which exercises its hands-off policy successfully, was conducted to find out how the approach works. Results of the study reveal that investors preferred a hands-off approach and the application of the hands-on approach would have led to the deterioration of post-investment investee-investor relationship.

Research, Investor relations

---

The Control of Capital Investment

Article Abstract:

The existing theories on capital investment are studied. All derive from either of two basic perspectives. Charts and tables of statistics aid in explanations. A great amount of disagreement exists on the significance of capital investment. No single theoretical approach satisfactorily handles the whole subject. This is an open social systems approach that is believed to be the most meaningful one yet taken.

Analysis, Capital investments

Similar abstracts:

• Abstracts: The e-integration dilemma: the linkages between Internet technology application, trading partner relationships and structural change
• Abstracts: Innovation and technology transfer: European and Indian perspectives. The 9th European Doctoral Summer School in Technology Management
• Abstracts: Time-variation in expected returns. Buyer-supplier performance: the role of asset specificity, reciprocal investments and relational exchange
• Abstracts: A few words can save you money and time. MoneyWatch: ideas to save, protect, and use money. How to Put Aside More Money for Retirement
• Abstracts: Interest Rate Trends in Election Years. S and P Tightens as Futures Mature

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.