Abstract
This paper examines how the venture capital (VC) model is applied to philanthropic venture capital (PhVC). The key aims of the paper are a) to define PhVC and philanthropic venture capitalists (PhVCs); b) to formulate five propositions establishing whether, how, and to what extent the VC model (Gompers and Lerner, 2001) can be applied to PhVC. By analyzing secondary sources we report preliminary results which do not show that in the screening phase and during monitoring activities PhVCs do not behave like venture capitalists.
Original language | English |
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Publication status | Published - 5 Jun 2008 |
Event | 2008 Babson College Entrepreneurship Research Conference (2008 BCERC) - Duration: 5 Jun 2008 → 7 Jun 2008 |
Conference
Conference | 2008 Babson College Entrepreneurship Research Conference (2008 BCERC) |
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Period | 5/06/08 → 7/06/08 |