The Role of Venture Capital Investment in Startups’ Sustainable Growth and Performance: Focusing on Absorptive Capacity and Venture Capitalists’ Reputation

Ji-Hye Jeong, Juhee Kim, Hanei Son, Daeil Nam · 2020 · Sustainability

Summary. Venture capital investment at early stages significantly improves startup growth and performance, particularly when startups possess high potential absorptive capacity. The study analyzed 363 listed firms from 2000 to 2007 and found that initial-stage VC funding creates stronger sustainable growth than later-stage investment. Realized absorptive capacity showed no moderating effect, but potential absorptive capacity strengthened the relationship between early VC investment and firm performance.

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@article{jeong-2020-role-venture-capital-investment-startups,
  title   = {The Role of Venture Capital Investment in Startups’ Sustainable Growth and Performance: Focusing on Absorptive Capacity and Venture Capitalists’ Reputation},
  author  = {Ji-Hye Jeong and Juhee Kim and Hanei Son and Daeil Nam},
  journal = {Sustainability},
  year    = {2020},
  doi     = {10.3390/su12083447},
  url     = {https://doi.org/10.3390/su12083447}
}

TY  - JOUR
TI  - The Role of Venture Capital Investment in Startups’ Sustainable Growth and Performance: Focusing on Absorptive Capacity and Venture Capitalists’ Reputation
AU  - Ji-Hye Jeong
AU  - Juhee Kim
AU  - Hanei Son
AU  - Daeil Nam
JO  - Sustainability
PY  - 2020
DO  - 10.3390/su12083447
UR  - https://doi.org/10.3390/su12083447
ER  - 

Details

DOI

10.3390/su12083447

Countries

South Korea

Regions

Asia

Categories

funding, entrepreneurship, general-innovation

Added

2026-04-28