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Relocation to get venture capital : a resource dependence perspective

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Abstract
Using a resource dependence perspective, we theorize and show that non-venture-capital-backed ventures founded in U.S. states with a lower availability of venture capital (VC) are more likely to relocate to California (CA) or Massachusetts (MA)—the two VC richest states—compared to ventures founded in states with a greater availability of VC. Moreover, controlling for self-selection, ventures that relocate to CA or MA subsequently have a greater probability of attracting initial VC compared to ventures that stay in their home state. We discuss the implications for theory, future research, and practice.
Keywords
relocation, venture capital

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MLA
De Prijcker, Sofie, et al. “Relocation to Get Venture Capital : A Resource Dependence Perspective.” ENTREPRENEURSHIP THEORY AND PRACTICE, vol. 43, no. 4, 2019, pp. 697–724.
APA
De Prijcker, S., Manigart, S., Collewaert, V., & Vanacker, T. (2019). Relocation to get venture capital : a resource dependence perspective. ENTREPRENEURSHIP THEORY AND PRACTICE, 43(4), 697–724.
Chicago author-date
De Prijcker, Sofie, Sophie Manigart, Veroniek Collewaert, and Tom Vanacker. 2019. “Relocation to Get Venture Capital : A Resource Dependence Perspective.” ENTREPRENEURSHIP THEORY AND PRACTICE 43 (4): 697–724.
Chicago author-date (all authors)
De Prijcker, Sofie, Sophie Manigart, Veroniek Collewaert, and Tom Vanacker. 2019. “Relocation to Get Venture Capital : A Resource Dependence Perspective.” ENTREPRENEURSHIP THEORY AND PRACTICE 43 (4): 697–724.
Vancouver
1.
De Prijcker S, Manigart S, Collewaert V, Vanacker T. Relocation to get venture capital : a resource dependence perspective. ENTREPRENEURSHIP THEORY AND PRACTICE. 2019;43(4):697–724.
IEEE
[1]
S. De Prijcker, S. Manigart, V. Collewaert, and T. Vanacker, “Relocation to get venture capital : a resource dependence perspective,” ENTREPRENEURSHIP THEORY AND PRACTICE, vol. 43, no. 4, pp. 697–724, 2019.
@article{8530784,
  abstract     = {Using a resource dependence perspective, we theorize and show that non-venture-capital-backed ventures founded in U.S. states with a lower availability of venture capital (VC) are more likely to relocate to California (CA) or Massachusetts (MA)—the two VC richest states—compared to ventures founded in states with a greater availability of VC. Moreover, controlling for self-selection, ventures that relocate to CA or MA subsequently have a greater probability of attracting initial VC compared to ventures that stay in their home state. We discuss the implications for theory, future research, and practice.},
  author       = {De Prijcker, Sofie and Manigart, Sophie and Collewaert, Veroniek and Vanacker, Tom},
  issn         = {1042-2587},
  journal      = {ENTREPRENEURSHIP THEORY AND PRACTICE},
  keywords     = {relocation,venture capital},
  language     = {eng},
  number       = {4},
  pages        = {697--724},
  title        = {Relocation to get venture capital : a resource dependence perspective},
  url          = {http://dx.doi.org/10.1177/1042258717739003},
  volume       = {43},
  year         = {2019},
}

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