<title>Abstract</title> Exchange is regarded as the fundamental activity in every economic context. Seeking a theoretical conceptualization of exchange in an interorganizational sense, the authors use a qualitative study of venture capital organizations (VCs) in Germany and their portfolio companies (PCs) to...

Summary Exchange is regarded as the fundamental activity in every economic context. Seeking a, theoretical conceptualization of interorganizational exchange, we conduct interpretative analysis of, venture capital organizations in Germany and their portfolio companies to develop an...