Imperial College London

DrMiguelMeuleman

Business School

Assistant Professor of Entrepreneurship
 
 
 
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Contact

 

m.meuleman

 
 
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Location

 

Business School BuildingSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Meuleman:2017:10.1016/j.jbusvent.2017.01.001,
author = {Meuleman, M and Jaaskelainen, M and Maula, MVJ and Wright, M},
doi = {10.1016/j.jbusvent.2017.01.001},
journal = {Journal of Business Venturing},
pages = {131--144},
title = {Venturing into the unknown with strangers: Substitutes of relational embeddedness in cross-border partner selection in venture capital syndicates},
url = {http://dx.doi.org/10.1016/j.jbusvent.2017.01.001},
volume = {32},
year = {2017}
}

RIS format (EndNote, RefMan)

TY  - JOUR
AB - Syndicating with prior partners through relationally embedded ties may be widespread, but not always optimal when investing across borders especially if few prior partners operate in the focal market. However, the substitutes of relational embeddedness for trust creation in cross-border partner selection are poorly understood. We develop and test a model of how relational embeddedness interacts with structural embeddedness and legal and normative institutions and how relational embeddedness and these three substitutes jointly affect cross-border partner selection in venture capital syndicates. We test the hypotheses in the context of cross-border venture capital syndication in 12 European countries. Our findings based on a case-control analysis suggest that although relational embeddedness is a key driver of future partnering, structural embeddedness and trust generating institutions such as high quality legal frameworks and industry associations facilitate cross-border partnering and diminish the need to rely on relationally embedded ties in cross-border partner selection.
AU - Meuleman,M
AU - Jaaskelainen,M
AU - Maula,MVJ
AU - Wright,M
DO - 10.1016/j.jbusvent.2017.01.001
EP - 144
PY - 2017///
SN - 0883-9026
SP - 131
TI - Venturing into the unknown with strangers: Substitutes of relational embeddedness in cross-border partner selection in venture capital syndicates
T2 - Journal of Business Venturing
UR - http://dx.doi.org/10.1016/j.jbusvent.2017.01.001
UR - http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000398748900001&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
UR - http://hdl.handle.net/10044/1/50882
VL - 32
ER -