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Philanthropic Venture Capitalists’ Post-Investment Involvement with Portfolio Social Enterprises: What Do They Actually Do?

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Entrepreneurship, Finance, Governance and Ethics

Part of the book series: Advances in Business Ethics Research ((ABER,volume 3))

Abstract

This chapter presents results from an empirical study concerning post-investment value-added services provided by philanthropic venture capitalists to their backed social enterprises. Results show that the most important activity consists in the provision of strategic advice for organizational development. Philanthropic venture capitalists act as advisors and mentors of social entrepreneurs. Also, findings show how important is facilitating access to future potential funders on the side of the social enterprise.

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Author information

Authors and Affiliations

  1. Department of Entrepreneurship, Newcastle University Business School, 5 Barrack Road, Newcastle upon Tyne, NE1 4SE, UK

    Mariarosa Scarlata

  2. ESADE Business School, Universitat Ramon Llull, Barcelona, Spain

    Luisa Alemany

Authors
  1. Mariarosa Scarlata
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  2. Luisa Alemany
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Corresponding author

Correspondence to Mariarosa Scarlata .

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Editors and Affiliations

  1. , School of Business, University of Birmingham, Edgbaston Road, Birmingham, B15 2TY, United Kingdom

    Robert Cressy

  2. , Schulich School of Business, York University, Keele Street 4700, Toronto, M3J 1P3, Ontario, Canada

    Douglas Cumming

  3. , Norwich Business School, University of East Anglia, Norwich Research Park, Norwich, NR4 7TJ, United Kingdom

    Chris Mallin

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Scarlata, M., Alemany, L. (2013). Philanthropic Venture Capitalists’ Post-Investment Involvement with Portfolio Social Enterprises: What Do They Actually Do?. In: Cressy, R., Cumming, D., Mallin, C. (eds) Entrepreneurship, Finance, Governance and Ethics. Advances in Business Ethics Research, vol 3. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-3867-6_4

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