The effect of founder experience on the performance of philanthropic venture capital firms
研究公益风险投资公司创始团队的经验如何影响其经济、社会及综合绩效，发现商业经验促进经济绩效，社会经验促进社会绩效，但追求两者最大化时，高商业经验与低社会经验的组合最佳。
This article assesses the relationship between the experiences of the philanthropic venture capital firm’s founding team and the venture firm’s subsequent economic, social, and total performance. Results indicate that commercial and social experiences help economic and social performance, respectively. However, when pursuing the maximization of both social and economic performance, philanthropic venture capital firms perform best when the founding team has high levels of commercial experience and low levels of social experience.