Research
Latest academic and industry research papers on venture capital.
2024 21st International Joint …
Machine learning models to investigate startup success in venture capital using Crunchbase dataset
Machine learning models are employed to forecast startup success using the Crunchbase dataset, offering valuable predictive insights for venture investors.
2024
Journal of Corporate Finance Management and …
A critical study of startup financing dynamics and emerging approach to attracting capital resources
This paper critically examines the dynamics of startup financing and explores emerging strategies for attracting capital resources.
2024
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Behind the startup: How venture capital shapes work, innovation, and inequality
Benjamin Shestakofsky's "Behind the Startup" examines how venture capital influences the dynamics of work, fosters innovation, and contributes to societal inequality.
2024
… de travail de l'OCDE sur …
What is the role of Government Venture Capital for innovation-driven entrepreneurship?
This research explores the function of government venture capital in promoting entrepreneurship driven by innovation.
2024
International Journal of …
How healthcare entrepreneurship enhances ecosystem outcomes: the relationship between venture capital-funded start-ups and county-level health
This research explores how venture capital-backed healthcare startups influence county-level health outcomes, finding connections to improvements in conditions like diabetes, HIV, and obesity.
2024
The Es Economics …
The relationship between startup incubator development and venture capital investment on digital economic growth in indonesia
This research analyzes the crucial links between startup incubator development, venture capital investment, and the expansion of the digital economy in Indonesia.
2024
Humanities and Social Sciences Communications
What drives intercity venture capital investment? A comparative analysis between multiple linear regression and random forest
This analysis investigates the factors driving intercity venture capital investment, comparing multiple linear regression and random forest models to understand their impact on regional economic development and innovation.
2024
Management …
Private debt and the role of venture capital and private equity sponsors
2024
Start-up and Entrepreneurial Communication
The use of crowdfunding and social media platforms in strategic start-up communication: a big-data analysis
2024
Management Science
Social media alleviates venture capital funding inequality for women and less connected entrepreneurs
2024
Academic Journal of Social Sciences and …
Venture capital financing and financial performance of microfinance banks in Kenya
2024
Studies in Economics and Finance
ESG consideration in venture capital: drivers, strategies and barriers
2024
Academy of Management Journal
Screening theory and its boundaries: Investigation of screen credibility, necessity, and salience in the context of corporate venture capital
2024
… European Journal of …
The Role of Marketing in Venture Capital Investment Decisions and Portfolio Diversification in Nigeria's Startup Ecosystem
2024
Journal of Organizational and End User Computing …
Enhancing innovation management and venture capital evaluation via advanced deep learning techniques
2024
ABAC Journal
Investor Sentiment, Venture Capital, R&D Investment, and IPO Underpricing: An Empirical Analysis of Chinese Star Market
2024
Journal of Economics, Finance and Accounting …
The impact of regional and segmental factors on the benefits and risks of venture capital financing
2024
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The Impact of Private Equity and Venture Capital Investments on Economic Growth and Innovation: Evidence From OECD Countries
2024
Health Affairs …
Biopharmaceutical pipeline funded by venture capital firms, 2014 to 2024
2024
International …
A conceptual framework for strategic risk management in African venture capital: Combining market volatility with AI-driven data analysis
2024
Acta Montanistica Slovaca
Exploring the Role of Venture Capital in Advancing Green Innovation: A Systematic Literature Review.
No summary available.
2024
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Behind the startup: How venture capital shapes work, innovation, and inequality
This research delves into the application of data analysis within venture capital, examining how data-driven strategies can shape investment decisions and outcomes.
2024
… of Industrial and …
The role of venture capital funding on the performance of small and medium-sized enterprises (SMEs) in Lusaka, Zambia: A case study
No summary available.
2024
벤처창업연구
A Study on the Effectiveness of the Venture Capital Market Intervention Policy: The Case of the South Korean Government
No summary available.
2024
Integra Business Review
The impact of venture capital on growth via innovation and internet technology adoption in indonesia's micro and small industries
The research paper investigates the effect of venture capital on the growth of Indonesian micro and small industries, considering innovation and internet technology as mediating factors.
2024
Scientific Journal of Bielsko-Biala School of Finance …
The impact of venture capital financing on the long-term performance of startups: a managerial perspective
This research paper investigates how venture capital financing impacts the long-term success of European Union startups, considering factors like managerial experience and resource allocation.
2024
International …
A Conceptual Framework for AI-Enhanced Investment Decision-Making in Venture Capital: Unlocking Opportunities in Emerging Markets
2024
International …
A Conceptual Framework for Strategic Risk Management in African Venture Capital: Combining Market Volatility with AI-Driven Data Analysis
2024
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Exploring institutional determinants of private equity and venture capital activity in Europe
This working paper explores the factors influencing private equity activity in Europe, examining the effects of economic, financial, and institutional elements on investments, divestments, and fundraising.
2024
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Startups and venture capital in Japan: How to grow
No summary available
2024
Renewable Energy
Driving renewable energy innovation investments: Is venture capital a novel strategic choice? Evidence from China
This research paper examines the impact of venture capital on renewable energy innovation investments in China, using data from 114 listed companies between 2011 and 2023 to determine if venture capital can effectively stimulate innovation in renewable energy firms.
2024
… and Management Journal
Legitimacy theory for digitalization and international strategy of new venture capitalization
This research explores the legitimacy theory in the context of venture capital financing for new ventures employing digitalization and international strategies, particularly those with risky, disruptive business models.
2024
Journal of East-West …
An investigation into the determinants of venture capital investment: evidence from emerging economies of Asia Pacific
This research investigates the determinants of venture capital investment in sixteen emerging economies of Asia-Pacific, covering the period from 2006 to 2021.
2024
Venture Capital
Informal venture capital in emerging economies: a case of Pakistan
This research paper attempts to disentangle the hidden operations of informal venture capital in emerging economies such as Pakistan.
2024
International Review of …
How does venture capital play a role in corporate green innovation? Evidence from China
This paper examines the impact of venture capital on promoting corporate green innovation in China by reducing debt financing costs and firms' risk-taking behavior.
2024
N/A
Behind the startup: How venture capital shapes work, innovation, and inequality
2024
Finance Research Letters
The effect of state-owned venture capital on enterprise innovation: Evidence from China
The study examines the impact of state-owned venture capital on enterprise innovation in China, finding that it enhances marketization and significantly improves the innovation capabilities of recipient enterprises.
2024
Journal of Medical …
Venture investment in medical artificial intelligence amidst technological milestones and global shifts: 2013–2023
Venture investment in medical AI from 2013 to 2023 is analyzed, comparing it to healthcare and AI funding trends using the Pitchbook financial database, revealing the implications for healthcare quality and delivery.
2024
Journal of Applied Finance & Banking
ESG Integration into Venture Capital in the UK
This research paper addresses the lack of ESG-focused studies on early-stage venture capital by surveying 225 start-ups in the portfolio of a UK-based venture capital, providing insight into the overall awareness of ESG among start-ups and offering implementation advice.
2024
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Macroeconomic and Institutional Determinants of Venture Capital Investments
This research paper analyzes how macroeconomic and institutional factors impact venture capital investments in fast-growing technological companies, using panel data from Central and Eastern Europe collected between 2002 and 2022.
2024
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Cross-border fundraising of Finnish venture capital funds
This master's thesis examines the factors driving low cross-border fundraising volumes of Finnish venture capital funds and proposes a development model for the Finnish VC ecosystem.
2024
The Es Economics …
The relationship between startup incubator development and venture capital investment on digital economic growth in indonesia
This research paper quantitatively examines the relationships between startup incubator development, venture capital investment, and digital economy growth in Indonesia.
2024
Journal of the Knowledge Economy
Comparing Radical and Incremental Innovation in Venture Capital Syndication: Exploring the Influence of R&D Intensity and Sector-Specific Effects
This paper investigates the influence of venture capital syndication on innovation, examining whether radical or incremental innovation is more effectively fostered, as well as the impact of syndication on R&D intensity and the influence of the industry sector.
2024
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Challenges facing Micro, Small and Medium Enterprises in accessing private equity and venture capital financing in Windhoek, Namibia
The research paper explores the challenges faced by Micro, Small, and Medium Enterprises in accessing private equity and venture capital financing in Windhoek, Namibia, using a qualitative approach and semi-structured interviews.
2024
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Driving venture capital funding efficiencies through data driven models. Why is this important and what are its implications for the startup ecosystem?
This doctoral thesis investigates whether data models can improve venture capital funding efficiency and help drive economic growth through investments in innovation.
2024
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Behind the startup: How venture capital shapes work, innovation, and inequality
This book provides a comprehensive guide to understanding venture capital strategy, offering insights for both new entrepreneurs and seasoned professionals.
2024
Cities
Evolution of China's intercity venture capital network: Preferential attachment vs. path dependence
This paper simulates China's intercity venture capital network to explore the roles of preferential attachment and path dependence in its evolution, finding that both mechanisms significantly impact the network, with preferential attachment playing a more important role since 2008.
2024
China Economic Review
Government venture capital funds: Balancing the impact of social and financial goals on startups
The research paper examines the impact of government venture capital funds on startups, finding that GVC-backed firms in China outperform those backed by private capital in R&D, financial performance, and corporate social responsibility.
2024
Systems
Overcoming uncertainty in novel technologies: The role of venture capital syndication networks in artificial intelligence (AI) startup investments in Korea and …
This paper investigates how historical inter-firm syndication networks influence venture capitalists' propensity to invest in startups pursuing novel technologies like AI, focusing on investments in Korea and Japan.
2024
… Theory and Practice
Beneficial, harmful, or both? Effects of corporate venture capital and alliance activity on product recalls
This paper investigates the positive and negative impacts of corporate venture capital (CVC) and alliance activity on product safety under different levels of market turbulence.
2024
Strategic Management Journal
Unraveling the puzzling risk–return relationship: Distinctive roles of government involvement in venture capital investment
This research paper examines how government involvement in venture capital investments shapes the decoupling between risk-taking and investment returns.
2024
International Journal of Financial Studies
Venture Capital and Dividend Policy
This paper empirically examines the impact of venture capital investment on the dividend policy of the invested companies.
2024
Academia Revista …
The role of intellectual and social capital in funding businesses: a cross-country analysis
The study examines the impact of intellectual and social capital in funding businesses, using fixed-effects panel data models with a sample of 142 countries from 1998 to 2018.
2024
Proceeding of …
Analysis of Business Capital, Ability and Will to Sales of Small Businesses in Kota Pari Village North Sumatra
The research paper analyzes the impact of business capital, ability, and willingness on the sales of small businesses managed by housewives in Kota Pari Village, North Sumatra.
2024
Journal of International Business …
Fostering Innovation through Venture Capital in Kazakhstan
This research explores Kazakhstan's venture capital landscape, focusing on its evolution, challenges, and strategies for sustainable development.
2024
Journal of Industrial and Business …
Venture capital and the delegation of decision authority in startups: an exploratory study
This study explores the delegation of authority over strategic decisions in startups and its relationship to venture capital investment, revealing that startups typically centralize decision authority, but delegation increases with VC backing.
2024
International Journal of …
How healthcare entrepreneurship enhances ecosystem outcomes: the relationship between venture capital-funded start-ups and county-level health
This research paper examines the relationship between venture capital-funded healthcare service start-ups and county-level health outcomes, health factors, and hospital utilization.
2024
MENA Region Entrepreneurship Conference
Exploring the Venture Capital Market in Saudi Arabia: A Process Perspective
This research explores Saudi Arabia's venture capital market through a process-oriented case study, identifying its developmental phases and key influencing factors.
2024
International Review of Financial Analysis
Moderating effect of business environment on the relationship between fiscal science and technology expenditure and venture capital
The research paper investigates how fiscal science and technology expenditures impact venture capital growth in 293 Chinese cities from 2005 to 2022, also considering the moderating effects of business and financial environments.
2024
ABAC Journal
Investor Sentiment, Venture Capital, R&D Investment, and IPO Underpricing: An Empirical Analysis of Chinese Star Market
This research paper examines how research & development ratio, venture capital, and investor sentiment impact the IPO underpricing rate within China's STAR market.
2024
American Journal of Industrial and …
The role of venture capital funding on the performance of small and medium-sized enterprises (SMEs) in Lusaka, Zambia: A case study
The research paper examines the impact of venture capital funding on the performance of SMEs in Lusaka, Zambia, finding a positive correlation and highlighting the importance of financial management skills.
2024
The North American Journal of …
The power of market: venture capital and enterprise digital transformation
This research paper explores the impact of venture capital on the digital transformation of enterprises in Shanghai and Shenzhen, finding that venture capital promotes digital transformation through financial assistance, governance empowerment, and capability support.
2024
International Journal of …
Venture capital and financial performance of E-Commerce-driven firms in Kenya
No summary available
2024
Venture Capital
Governmental venture capital policies are not all alike: design features in 11 European Countries
This study examines the extent and means by which governments intervene in the private venture capital market, presenting original primary data from 11 European countries.
2024
Pacific-Basin Finance Journal
When do venture capital and startups team up? Matching matters
This paper examines how the matching between venture capital firms and startups influences the timing of venture capital investment in early-stage startups.
2024
Journal of the American …
Projected growth in FDA-approved artificial intelligence products given venture capital funding
This research paper projects that FDA-approved AI products for medical imaging will grow from 69 in 2022 to 350 in 2035, based on expected venture capital funding growth.
2024
Strategic Management Journal
Unraveling the puzzling risk–return relationship: Distinctive roles of government involvement in venture capital investment
This research dissects the impact of government involvement in venture capital investments on the relationship between risk and return, distinguishing between state ownership and political connections to provide insights for policy and entrepreneurial strategy.
2024
Academy of Management Journal
Screening theory and its boundaries: Investigation of screen credibility, necessity, and salience in the context of corporate venture capital
This research paper investigates screen credibility, necessity, and salience within the context of corporate venture capital.
2024
Research Policy
Human capital in corporate venture capital units and its relation to parent firms' innovative performance
This paper studies the adverse effect of air pollution on corporate research and development (R&D) and how sustainable development moderates this negative impact in emerging market economies (EMEs).
2024
Pacific-Basin Finance Journal
The impact of venture capital on the development of medical and healthcare industry: Empirical analysis of Chinese A-share pharmaceutical companies
This paper empirically examines the impact of venture capital on the development of China's healthcare industry using data from 2012 to 2022, finding that venture capital promotes healthcare industry development through corporate research and development innovation and the clustering effect of venture capital.
2024
Cogent Economics & Finance
Building resilience and sustainability in small businesses enterprises through sustainable venture capital investment in sub-Saharan Africa
This research explores venture capital's potential in revolutionizing sustainability within small and medium enterprises in sub-Saharan Africa.
2024
JACC: Advances
Venture capital's role in driving innovation in cardiovascular digital health
This viewpoint reviews major VC-backed CV digital health companies, exploring concerns and benefits tied to the rise of VC backed digital health startups.
2024
International Journal of …
Impact of Greenwashing on Venture Capital Decisions in High-Tech Firms Amid Climate Change: An Empirical Quantitative Operations Research Study
This research paper examines how greenwashing affects venture capital decisions in high-tech firms facing climate change, revealing that while strong ESG practices attract investment by signaling transparency, greenwashing undermines investor confidence.
2024
Strategic Change
Substantial innovation or strategic innovation? The impact of government venture capital guidance funds on corporate innovation
This article analyzes the impact of government venture capital guidance funds on corporate innovation, finding that while overall innovation is promoted, the focus tends to be on quantity rather than the quality of patents.
2024
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Investment screening and venture capital
This research paper investigates the impact of investment screening on cross-border venture capital investments in Europe, revealing unintended negative consequences on deal activity [1].
2024
Journal of Evolutionary Economics
Venture capital investments in artificial intelligence
This research paper investigates venture capital investments in AI ventures, exploring differences compared to non-AI ventures and the moderating effects of venture, country, and investor-level factors.
2024
N/A
The Linkage between CEO Regulatory focus and Corporate Venture Capital Investment
This research explores how a CEO's regulatory focus impacts corporate venture capital investment decisions, applying regulatory focus and performance feedback theories to strategic choices within S&P companies [1].
2024
… in Business for …
Study of Determinants of Follow-on Round in SaaS Subsectors: Venture Capitalist's Outlook
This research paper studies the determinants of follow-on rounds in SaaS subsectors from a venture capitalist's perspective, focusing on parameters that aid investment decisions in marketing tech, sales force automation, enterprise collaboration, and in-store retail tech.
2024
Strategic …
Heterogeneity in organizational search behaviors: The case of corporate venture capital units
This research paper examines corporate venture capital (CVC) units and reveals that CVC is organized along one of two distinct pathwaysâorder-taker or free-bird, and that the locus of problem formulation influences the chosen search behavior.
2024
N/A
Driving venture capital funding efficiencies through data driven models. Why is this important and what are its implications for the startup ecosystem?
This research paper investigates how machine learning algorithms can assist venture capitalists in making funding decisions for AI startups, considering factors like patents and regional differences [1].
2024
Asian‐Pacific Economic Literature
The impact of venture capital on the digital industry development: Evidence from China
This study analyzes the mechanisms through which venture capital impacts digital industry development in China, finding that increased venture capital promotes this development mainly by reducing the exit rate of digital enterprises.
2024
Business Strategy & …
… entrepreneurship by utilizing venture dynamics in sharing economy: Evaluating the symbiosis of macro and micro factors for sustainable capital flows in developing …
This research delves into how entrepreneurs integrate, build, and reconfigure capabilities to leverage digital artifact characteristics for international digital platform development.
2024
The Journal of Technology Transfer
Venture capital and technology commercialization: evidence from China
This research paper examines the impact of venture capital on technology commercialization in China, finding that cities with more developed venture capital markets have higher technology commercialization performance [1].
2024
Energy Economics
The role of venture capital in determining the total factor productivity of renewable energy enterprises: In the context of government subsidy reduction
This research explores how venture capital affects the total factor productivity of renewable energy enterprises in China, especially with the reduction of government subsidies.
2024
Fostering Innovation in Venture Capital and Startup …
Fueling healthcare transformation: The nexus of startups, venture capital, and innovation
This chapter examines how venture capital investment, innovation ecosystems, and healthcare entrepreneurs are driving advancements in healthcare, such as telemedicine and digital health.
2024
Finance Research Letters
Impact orientation and venture capital financing: The interplay of governmental, social impact and traditional venture capital
The study investigates how governmental, social impact, and traditional venture capital interplay in financing ventures, focusing on the roles of governmental venture capital (GVC) and social impact venture capital (SIVC) investors.
2024
Journal of Asian Economics
How to guide venture capital to startups? Evidence from China's Science and Technology Innovation Board
This research paper investigates the impact of China's STAR market on venture capital investments, focusing on fundraising and utilizing the Zero2IPO Database for analysis.
2024
Economy and Society
Venture capital, the fetish of artificial intelligence, and the contradictions of making intangible assets
This paper examines the venture capital-driven process of making intangible assets in platform start-up firms.
2024
Finance Research Letters
The effect of state-owned venture capital on enterprise innovation: Evidence from China
This paper empirically explores the influence of state-owned capital venture investment on enterprise innovation.
2024
Pacific-Basin Finance Journal
The role of venture capital in promoting innovation in key & core technology companies: A pre-registered study
This research paper examines how venture capital influences innovation in Chinese key and core technology companies, utilizing data from the Zero2IPO database to compare investment strategies between state-owned and private venture capital firms.
2024
… and Publication of Social Sciences and …
Convergence of Faith and Capital Analysis of the Implementation of Sharia-Based Financial Institutions in Malaysia
This research paper analyzes the convergence of faith and capital within Sharia-based financial institutions in Malaysia, exploring the influencing factors such as regulation, culture, and public understanding of Sharia principles.
2024
Journal of Commercial Biotechnology
Investment Trends in the Biotechnology Sector: Insights from Venture Capital and Private Equality Funding
This paper examines investment trends in the biotechnology sector, providing insights from venture capital and private equity funding [5].
2024
Technological Forecasting and Social Change
Digital economy development and venture capital networks: Empirical evidence from China
This paper researches the impact of the digital economy on urban venture capital networks in China between 2011 and 2019, considering digital infrastructure, industry development, innovation, and inclusive finance.
2024
ijnrefm.com
Lost in Translation: Information Asymmetry and Signal Gaps in Early-Stage Venture Capital Fundraising
No summary available.
مجلة التمويل والاستثمار والتنمية …, 2026
Econometric Analysis of Venture Capital Fund Decision-Making in Startup Financing, Case of the Algerian Startup Fund (ASF)
An econometric evaluation of Algeria's Algerian Startup Fund using logistic regression identifies key selection criteria that significantly influence venture financing approvals and offers recommendations to improve the fund's investment decision process.
… AI for Society, Organizations, and Work …
Data-augmented Venture Firms: AI in Venture Capital Decision-making
A case study of NEVA SGR demonstrates how a dual-platform AI strategy—combining public LLM-based intelligence with a secure confidential-data system—enables venture capital firms to use generative AI as a 'copilot' to enhance productivity while preserving human judgment and relational capital in high-stakes investment decisions.
Available at SSRN 6916244
Combining Venture Capital and Private Equity Backed Firm and Board of Directors Characteristics To Explain Productivity Measures
Using directed acyclic graphical models and the PC algorithm, the paper maps causal links between board and firm characteristics, identifying shareholder funds, bank loans, and age and nationality diversity as key drivers of productivity across VC- and PE-backed UK firms at different lifecycle stages.
… Government and Market: Government Venture Capital …
Bridging Government and Market: Government Venture Capital and Corporate Collaborative Innovation in ChinaBridging
Evidence from 609 Chinese A‑share firms (2012–2024) finds government venture capital substantially increases substantive corporate collaborative innovation—especially in non-eastern regions, low-agglomeration areas, capital- and technology-intensive industries, and non-state-owned enterprises—by reshaping institutions, signaling quality, and mobilizing resource networks.
… , Sports Medicine, and …
The United States Leads the Globe in Venture Capital Funding for Orthopaedic Surgery
Sridharan et al. report clinical and technical advances in arthroscopy that inform best practices for minimally invasive joint repair and improved patient outcomes.
NeurIPS 2025 Workshop …
VCAF: A Multi-Agent Framework for Venture Capital Decision-Making Using Synthetic Startup Data
VCAF introduces a multi-agent LLM-based framework paired with a synthetic VC-Data dataset to improve early-stage venture investment decisions by delivering interpretable, backtestable recommendations and strong classification performance.