TY  - JOUR
T1  - The Dynamics of Advice-Giving by Venture Capital Firms: Antecedents of Managerial Cognitive Effort
JF  - Journal of Management
Y1  - 2017
A1  - Gerasymenko,Violetta
A1  - Eggers,J.P.
KW  - Strategy & Entrepreneurship
AB  - This study investigates what leads managers to allocate constrained<br>the cognitive effort towards new versus familiar aspects of a business. We<br>explore this question in the context of venture capitalists’ (VCs) advice-giving<br>to their portfolio companies on business topics on which they have<br>advised other ventures in the past, versus on topics new to the VC that<br>may be outside their areas of expertise. We use both demand-side<br>(venture-driven) and supply-side (VC-driven) perspectives to build a novel<br>theory about the antecedents of cognitive effort underlying advice-giving.<br>By empirically testing our theory using a novel dataset, we find that both<br>perspectives explain important aspects of advice-giving dynamics for VCs.<br>This supports the idea that VCs, facing dynamic environments and capacity<br>constraints, definitely respond to stimuli from ventures, but also that VCs<br>change their behavior as they accumulate experience in ways that reflect<br>expanding confidence in their ability to add value and concerns about overextension<br>of their efforts, depending on the valence of VC experience. Our<br>findings provide novel insights to the antecedents of cognitive effort and to<br>research on the VC-venture relationship by exploring the dynamics of how<br>these advice-giving relationships evolve over time as VCs gain experience.
U2  - a
U4  - 127172243456
ID  - 127172243456
ER  - 

TY  - JOUR
T1  - What Makes Venture Capitalists Look Beyond Common Practices? Re-examination Of Organizational Antecedents Through The Behavioral Theory Lens.
JF  - Frontiers of Entrepreneurship Research
Y1  - 2015
A1  - Gerasymenko,Violetta
A1  - Eggers,J.P.
KW  - Strategy & Entrepreneurship
VL  - 35
CP  - 1
U2  - a
U4  - 127142840320
ID  - 127142840320
ER  - 

TY  - CONF
T1  - Shifting focus: sources of managerial attention to new activities in the venture capital industry
T2  - Academy of Management Annual Meeting Proceedings
Y1  - 2014
A1  - Gerasymenko,Violetta
A1  - Eggers,J.P.
KW  - Strategy & Entrepreneurship
JA  - Academy of Management Annual Meeting Proceedings
U2  - b
U4  - 127142866944
ID  - 127142866944
ER  -