Venture Capital (3 Volume Set)

In putting together this three-volume reader of previously published articles, Wright (financial studies, Nottingham U. Business School, UK), Sapienza (entrepreneurship, U. of Minnesota, US), and Busenitz (management, U. of Oklahoma, US) aimed to demonstrate the disciplinary diversity of the academic literature on the venture capital market and identify the leading contributions from the past couple decades. They also sought to highlight international differences in venture capital markets. The first volume follows an introduction summarizing the main contributions of the collected papers in the set with 17 papers covering systemic macro-perspectives, policy issues, and sources of funds for venture capital investment. The next two volumes adopt a venture capital life-cycle approach in addressing the behavior of venture capital firms. The 22 papers of volume two include discussions of deal generation, screening, and assessment; valuation and structuring; and strategies of venture capital firms. Volume three contains 26 papers considering post-investment involvement issues such as monitoring and protecting value as well as relational perspectives of investor-entrepreneur issues and examinations of harvesting and exits. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)