Firm Performance and the Evolution of Cooperative Interfirm Networks: UK Venture Capital Syndication

Matthew Checkley, Christian Steglich, Duncan Angwin, Richard Endersby

Research output: Contribution to journalArticle

Abstract

Interfirm networks improve performance outcomes and higher performance is contagious between cooperating firms.

"Risk aversion explains much of the structure of interfirm cooperation. Being well connected explains outperformance. Venture capital firms benefit from syndication with a range of successful peers."
Original languageEnglish
Pages (from-to)107-118
Number of pages12
JournalStrategic Change
Volume23
Issue number1-2
Early online date26 Feb 2014
DOIs
Publication statusPublished - Feb 2014
Externally publishedYes

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