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Spatial Proximity in Venture Capital Financing: A theoretical and empirical Analysis of Germany
Spatial Proximity in Venture Capital Financing: A theoretical and empirical Analysis of Germany
Date: 23 May 2011, 06:12

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Marko Bender analyzes the impact of spatial proximity between venture capitalists and new ventures throughout the investment process. He elaborates a comprehensive theoretical framework and empirically validates resulting hypotheses concerning the observed spatial proximity and the impact of spatial proximity on the likelihood of a venture capital investment using a German dataset. A thorough discussion of results and resulting implications for entrepreneurs, venture capitalists, and public policy concludes this thesis.

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