IDEAS home Printed from https://ideas.repec.org/a/bpj/erjour/v12y2022i1p34n4.html
   My bibliography  Save this article

The Venture Capital Feedback Cycle: A Critical Review and Future Directions

Author

Listed:
  • Torres Juan Pablo

    (Department of Business, School of Economics and Business, Universidad de Chile, 257 Diagonal Paraguay of 1204, Santiago, Santiago, RM, Chile)

Abstract

A framework of the venture capital (VC) process, encompassing the (1) pre-investment phase, (2) management phase, (3) exit phase, and the interrelationships between them was developed into a cycle using the exit phase in a feedback loop. The review of 166 articles from top-tier, Grade 4, journals suggests that most prominent Entrepreneurial & Management (E&M) literature assesses the VC operating environment, and the managerial expertise and skills of both VC firms and entrepreneurs independently. Finance Literature, however, centers its independent analysis on contracts, risk, returns and VC governance. A network analysis follows comparing E&M and Finance literature VC research agendas by country, author, institution, and journal. Finally, the manuscript identifies trends and future areas for VC cycle research by comparing and exploring the current state and progress of the VC cycle in Entrepreneurial literature.

Suggested Citation

  • Torres Juan Pablo, 2022. "The Venture Capital Feedback Cycle: A Critical Review and Future Directions," Entrepreneurship Research Journal, De Gruyter, vol. 12(1), pages 1-34, January.
    • Handle: RePEc:bpj:erjour:v:12:y:2022:i:1:p:34:n:4
    DOI: 10.1515/erj-2017-0205
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/erj-2017-0205
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/erj-2017-0205?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    venture capital cycle; venture capitalist;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:erjour:v:12:y:2022:i:1:p:34:n:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.