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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
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Venture Capitalists’ vs. Philanthropic Venture Capitalists’ Human Capital: An Exploratory Study

Authors: Scarlata, Maria Rosa; Zacharakis, Andrew; Walske, Jennifer;

Venture Capitalists’ vs. Philanthropic Venture Capitalists’ Human Capital: An Exploratory Study

Abstract

Philanthropic venture capital (PhVC), like traditional venture capital (TVC), provides funding and value added services to its portfolio ventures, but unlike TVC, these investees typically have a social mission. PhVC has a main ethical dimension and aims at maximizing the social return on the investment. This paper examines nascent PhVC firms and, in particular, focuses on its human capital (HC), offering a comparative analysis with nascent TVC firms. Results show that both at a general and at a specific HC level, PhVC firms are different from TVC firms. With respect to general HC, PhVC firms tend to exhibit lower levels of education at the BS and MBA levels but a higher number of graduate technical degrees, suggesting the existence of a substitution effect in education. At the specific HC level, PhVC firms exhibit lower experience than TVC firms, except for governmental, and non/profit experience; differences at firm level between commercial and social specific HC hold significant.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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