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Erfolgsdeterminanten von Venture Capital-Investments in Deutschland

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  • Michael Schefczyk

    (Technische Universität Dresden)

Abstract

Zusammenfassung Der Beitrag untersucht den Erfolg von Venture Capital-Gesellschaften auf der Ebene einzelner Beteiligungen. Dabei werden insbesondere die Bestimmungsgrößen für den Erfolg abgeschlossener Projekte untersucht. Datenbasis sind 103 Beteiligungstransaktionen von 12 deutschen Venture Capital-Gesellschaften. Die Analysen geben Hinweise darauf, daß eine stärkere Berücksichtigung der Qualifikation des Managements der Portfoliounternehmen, eine intensivere Zusammenarbeit zwischen den Portfoliounternehmen und der Venture Capital-Gesellschaft sowie eine starke Stellung als Minderheitsgesellschafter erfolgsfördernde Effekte haben dürften.

Suggested Citation

  • Michael Schefczyk, 1999. "Erfolgsdeterminanten von Venture Capital-Investments in Deutschland," Schmalenbach Journal of Business Research, Springer, vol. 51(12), pages 1123-1145, December.
    • Handle: RePEc:spr:sjobre:v:51:y:1999:i:12:d:10.1007_bf03371616
    DOI: 10.1007/BF03371616
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    References listed on IDEAS

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