创业者与风险投资家关系的囚徒困境视角

A PRISONER'S DILEMMA APPROACH TO ENTREPRENEUR-VENTURE CAPITALIST RELATIONSHIPS

Academy of Management Review · 1997
被引 351
人大 A+FT50UTD24ABS 4*

中文导读

用囚徒困境框架分析创业者和风险投资家的合作决策,提出一个概念模型和可检验的命题,帮助理解长期合作机制。

Abstract

New business startups with venture capital backing depend on mutual cooperation between entrepreneurs and venture capitalists, but little is known about what makes these relationships work. The present article considers the implicit similarities between entrepreneur-venture capitalist relationships and the Prisoner's Dilemma frame-work. using this paradigm to develop a conceptual model of entrepreneurs' and venture capitalists' decisions to cooperate. The model is used to generate a number of testable propositions concerning long-term cooperation between entrepreneurs and venture capitalists. Implications of the model for researchers, entrepreneurs, and venture capitalists are discussed, and the paper concludes by examining Implications of the entrepreneur-venture capitalist context for the traditional Prisoner's Dilemma framework.

创业-风险投资关系囚徒困境合作决策长期合作