Coproducing Venture Capital in Complex Institutional Environments: Evidence from Southern Africa
| dc.contributor.author | Lingelbach, David C | |
| dc.contributor.author | Murray, Gordon | |
| dc.contributor.author | Gilbert, Evan | |
| dc.date.accessioned | 2017-06-16T19:49:45Z | |
| dc.date.available | 2017-06-16T19:49:45Z | |
| dc.date.issued | 2013 | |
| dc.description.abstract | How does coproduction between public and private actors contribute to the emergence of new industries in complex institutional environments? This exploratory study of one new industry—venture capital (VC)—in two settings—South Africa and Botswana— led to the following propositions regarding this question. Our case evidence suggests that, in these institutional settings, private sector fund managers and government investors are more likely to coproduce VC than in economies with simpler formal and informal institutions. In order for coproduction to occur, however, governmental structures and processes must display both integrity and synergy with private fund managers. Governments must also be sufficiently motivated to donate the social capital necessary for coproduction. The implications of this alternative story of VC industry development are explored and a research agenda elaborated. | en_US |
| dc.genre | journal articles | en_US |
| dc.identifier | doi:10.13016/M2Q27H | |
| dc.identifier.citation | Lingelbach, D., Murray, G., & Gilbert, E. (June 10, 2013). Coproducing Venture Capital in Complex Institutional Environments: Evidence from Southern Africa. Academy of Management Proceedings, 1, 1.) | en_US |
| dc.identifier.uri | 10.5465/aomafr.2012.0153 | |
| dc.identifier.uri | http://hdl.handle.net/11603/4105 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Academy of Management | en_US |
| dc.relation.isAvailableAt | University of Baltimore | |
| dc.title | Coproducing Venture Capital in Complex Institutional Environments: Evidence from Southern Africa | en_US |
| dc.type | Text | en_US |
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