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VCs' decision processes: Evidence suggesting more experience may not always be better

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  • Shepherd, Dean A.
  • Zacharakis, Andrew
  • Baron, Robert A.

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  • Shepherd, Dean A. & Zacharakis, Andrew & Baron, Robert A., 2003. "VCs' decision processes: Evidence suggesting more experience may not always be better," Journal of Business Venturing, Elsevier, vol. 18(3), pages 381-401, May.
  • Handle: RePEc:eee:jbvent:v:18:y:2003:i:3:p:381-401
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    1. Michael Hitt & M. Tina Dacin & Edward Levitas & Jean-Luc Arregle & Anca Borza, 2000. "Partner Selection in Emerging and Developed Market Contexts : Resource-Based and Organizational Learning Perspectives," Post-Print hal-02276706, HAL.
    2. Macmillan, Ian C. & Zemann, Lauriann & Subbanarasimha, P. N., 1987. "Criteria distinguishing successful from unsuccessful ventures in the venture screening process," Journal of Business Venturing, Elsevier, vol. 2(2), pages 123-137.
    3. Zacharakis, Andrew L. & Meyer, G. Dale, 1998. "A lack of insight: do venture capitalists really understand their own decision process?," Journal of Business Venturing, Elsevier, vol. 13(1), pages 57-76, January.
    4. Libby, Robert & Lewis, Barry L., 1982. "Human information processing research in accounting: The state of the art in 1982," Accounting, Organizations and Society, Elsevier, vol. 7(3), pages 231-285, July.
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    6. Shepherd, Dean A. & Ettenson, Richard & Crouch, Andrew, 2000. "New venture strategy and profitability: A venture capitalist's assessment," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 449-467.
    7. Frederick, Dm & Libby, R, 1986. "Expertise And Auditors Judgments Of Conjunctive Events," Journal of Accounting Research, Wiley Blackwell, vol. 24(2), pages 270-290.
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    9. Zacharakis, Andrew L. & Meyer, G. Dale, 2000. "The potential of actuarial decision models: Can they improve the venture capital investment decision?," Journal of Business Venturing, Elsevier, vol. 15(4), pages 323-346, July.
    10. De Castro, Julio O. & Chrisman, James J., 1995. "Order of market entry, competitive strategy, and financial performance," Journal of Business Research, Elsevier, vol. 33(2), pages 165-177, June.
    11. Michael Hitt & M. Tina Dacin & Edward Levitas & Jean-Luc Arregle & Anca Borza, 2000. "Partner Selection in Emerging and Developed Market Contexts : Resource-Based and Organizational Learning Perspectives," Post-Print hal-02312691, HAL.
    12. Riquelme, Hernan & Rickards, Tudor, 1992. "Hybrid conjoint analysis: An estimation probe in new venture decisions," Journal of Business Venturing, Elsevier, vol. 7(6), pages 505-518, November.
    13. Richard L. Priem, 1994. "Executive Judgment, Organizational Congruence, and Firm Performance," Organization Science, INFORMS, vol. 5(3), pages 421-437, August.
    14. Khan, Arshad M., 1987. "Assessing venture capital investments with noncompensatory behavioral decision models," Journal of Business Venturing, Elsevier, vol. 2(3), pages 193-205.
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    16. Shanteau, James, 1992. "Competence in experts: The role of task characteristics," Organizational Behavior and Human Decision Processes, Elsevier, vol. 53(2), pages 252-266, November.
    17. Baron, Robert A., 2000. "Counterfactual thinking and venture formation: The potential effects of thinking about "what might have been"," Journal of Business Venturing, Elsevier, vol. 15(1), pages 79-91, January.
    18. Weber, R, 1980. "Some Characteristics Of The Free-Recall Of Computer Controls By Edp Auditors," Journal of Accounting Research, Wiley Blackwell, vol. 18(1), pages 214-241.
    19. Arkes, Hal R. & Christensen, Caryn & Lai, Cheryl & Blumer, Catherine, 1987. "Two methods of reducing overconfidence," Organizational Behavior and Human Decision Processes, Elsevier, vol. 39(1), pages 133-144, February.
    20. Osherson, Daniel & Shafir, Eldar & Krantz, David H. & Smith, Edward E., 1997. "Probability Bootstrapping: Improving Prediction by Fitting Extensional Models to Knowledgeable but Incoherent Probability Judgments," Organizational Behavior and Human Decision Processes, Elsevier, vol. 69(1), pages 1-8, January.
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