Purpose – The paper aims to evaluate decision‐making processes in venture capital (VC). Design/methodology/approach – The paper develops a conceptual framework to analyse optimal allocation of decision rights in venture capital environments. How investors and investees seek mutual...

Purpose – This paper seeks to investigate the impact of venture capital firm organization (VC) on operations at portfolio companies, emphasizing particularly value added and involvement. Design/methodology/approach – Prior literature indicates the importance of organizational design on the...

Purpose – The purpose of this paper is to explore the networking effects of venture capital (VC) firms on portfolio companies. VCs can bring specific skills and abilities to their ongoing relationships with their portfolio companies and thus add value by influencing key portfolio company...