This paper examines whether and how publicly sponsored advising services can encourage small enterprises and new firms to take the steps required to increase their degree of internationalization. We posit and find that advising impacts the knowledge and skills firms develop. The data examined...

We examine the dynamics of the positive sorting in the venture capital industry. Our findings indicate that switching lead VCs is not uncommon during the course of entrepreneurial firms' development. Companies with upwardly revised perceived quality are more likely to switch to more reputable...