Several complementary approaches were used to develop the hypotheses, as summarized graphically in Figure 3. First, the hypotheses rely on the theory foundations and findings from the literature review presented in Chapter 2. Second, the hypotheses were validated and completed based on expert interviews led with venture capitalists around the world. The interviewed VCs were selected in order to obtain the perspectives of a diverse group of VC firms in terms of investment strategy, both in terms of investment scope and location of portfolio companies.
KeywordsTarget Location Venture Capital Investment Opportunity Cultural Distance Venture Capital Fund
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