Spatial Proximity in Venture Capital Financing

A Theoretical and Empirical Analysis of Germany

  • Authors
  • Marko┬áBender

About this book


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.


Entrepreneurship Geographic distance Investment Likelihood Wirtschaftswissenschaft

Bibliographic information

  • DOI
  • Copyright Information Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011
  • Publisher Name Gabler
  • eBook Packages Business and Economics
  • Print ISBN 978-3-8349-2684-5
  • Online ISBN 978-3-8349-6172-3
  • Buy this book on publisher's site