Tag: Risk-taking

Unraveling the puzzling risk–return relationship: Distinctive roles of government involvement in venture capital investment

sarah JonasResearch Alert

Abstract Research Summary Government involvement plays a significant role in fostering entrepreneurship. We examine how government involvement in venture capital (VC) investments shapes the decoupling between risk-taking and investment returns. We distinguish government involvement through state ownership (GVC) and personal…

How political connections affect entrepreneurial risk-taking in SMEs: A symmetric assessment and a configurational approach

sarah JonasResearch Alert

Abstract Drawing on resource dependency theory and the resource-absorbing perspective of risk-taking, this article examines how political connections provide firms with opportunities to gain government funding support to enhance financial slack, which can in turn benefit their entrepreneurial risk-taking. We…