Manigart, S.; Bruining, J.; Lockett, A.; Meuleman, M. - Erasmus Research Institute of Management (ERIM), ERIM … - 2002
Financial theory, resource-based theory and access to deal flow are used to explain syndication practices among European venture capital (VC) firms. The desire to share risk and increase portfolio diversification is a more important motive for syndication than the desire to access additional...