Venture Capital, Private Equity and the Internationalisation of Entrepreneurial Firms

风险投资、私募股权和创业公司的国际化

• 批准号: DP140103039
• 负责人: A/Prof Jo-Ann Suchard
• 金额: $ 7.07万
• 依托单位: The University of New South Wales
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2014
• 资助国家: 澳大利亚
• 起止时间: 2014-03-01 至 2017-06-30
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP140103039
• 关键词: Venture; Capital; Private; Equity; Internationalisation

Firms face significant hurdles in undertaking cross-border transactions due to information asymmetries arising from differing cultural and corporate environments. The project investigates the role of venture capital (VC) and private equity (PE) funds in facilitating the internationalisation of the entrepreneurial firms in which they invest, in developed and emerging markets. The role of VC/PE funds in facilitating cross-border takeovers and foreign initial public offerings, is analysed. The mechanisms of internationalisation are tested, including the impact of VC/PE funds’ connections with other VC/PE funds and intermediaries, and their international experience. The role of VC/PE in establishing cross-border economic ties is highlighted.

由于不同的文化和企业环境产生的信息不对称，企业在进行跨境交易时面临重大障碍。该项目调查了风险资本（VC）和私募股权（PE）基金在促进其投资的创业公司在发达和新兴市场的国际化方面的作用。风险投资/私募股权基金在促进跨境收购和外国首次公开募股中的作用进行了分析。测试了国际化的机制，包括VC/PE基金与其他VC/PE基金和中介机构的联系的影响，以及他们的国际经验。VC/PE在建立跨境经济联系中的作用得到了强调。