Article

Spread, Scope, and Scale in Venture Capital Globalization: A Clustered Globalization Model

Ravi Madhavan and Akie Iriyama

in The Oxford Handbook of Venture Capital

Published in print April 2012 | ISBN: 9780195391596
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195391596.013.0028

Series: Oxford Handbooks

 Spread, Scope, and Scale in Venture Capital Globalization: A Clustered Globalization Model

More Like This

Show all results sharing these subjects:

  • Economics
  • Financial Markets

GO

Show Summary Details

Preview

This article reviews some recent developments in the literature on venture capital (VC) globalization. It then develops a conceptual model addressing the spread, scope, and scale of globalization in this critical industry that is central to innovation and entrepreneurship. It proposes the clustered globalization model as a unifying construct that brings together the spread, scope, and scale of VC globalization, and provides a baseline framework for thinking about globalization in the VC industry. In clustered globalization, the geographical spread of VC will continue but not in a “world is flat” sense; rather the emergence of more clusters worldwide is expected, and the organizational linkages between them will consist of loosely coupled VC firm families rather than integrated VC multinationals.

Keywords: venture capital industry; clustered globalization; innovation; entrepreneurship

Article.  5459 words. 

Subjects: Economics ; Financial Markets

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.