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Stichwortverzeichnis

Absorptive Kapazitat 5,132 Adverse Selection 7, 9, 41 Agency

Kosten 11 ff., 32 ff., 40 ff., 59 ff., 65ff.,73, 130 Theorie 7 ff.

Anteilspreise 10, 21, 42 f. Assessment

Center 98 Methoden 53 f.

Assets = Vermogensgegenstande Intangible 19 ff. 28, 60, 132 Tangible 20 ff., 28, 43

Availability Bias 76 AVCO 92 ff.

Beteiligungskapital = Griindungskapital = Venture Capital

Betreuungsstrategie 46 ff. Hands-off 49 ff. Hands-on 58 ff.

Branchenfokus 102 ff. Business Angel 18,74,98 Business Plan 52 BVK 92 ff

Capital Asset Prizing Model (CAPM) 38 ff

Cash-Flow-Rechte 22 Coaching 58 Co-Investor 67 ff., 98 Convertible Security 24 ff.

Dealflow 63 ff., 125 ff. Deai-Generiening 63 ff., 125 ff. Diversifizierung 44 ff. Due Diligence 52

Eigenfinanzierung 18, 23 ff. Einstiegszeitpunkt 16 ff. Exit 6, 18

F+E-Aufwand 40 ff. Faktorenanalyse 106 Fokussierung 44 ff. Ponds 12 ff., 16,42 Fragebogen 94 ff. Fremdfinanzierung 18, 23 ff

Gegengeschafte ll,67ff. Geschaftsidee 24, 82, 102, 125 Gewinnmaximierungsziel 32 Governance

Hebel 14,130 Mechanismen 5, 98 Regime 58,98

Grundungsfinanzierung 14 ff.

High Flyer 5 High Ability Entrepreneurs 49 High-Tech 41 ff. Holdup lOff. Humankapital

Filteranlage fur 52

Informationsasymmetrie 39 ff., 61 ff. Informativeness Principle 9 Initial Public Offering (IPO) 6 Interviews 55 f. Investitionen

Spezifische 7, 67

KontroUrechte 22 ff., 28 ff.

Lead-Investor 63 f., 71,99 Living Dead 5 Low-Tech 41 ff

Managementkompetenz 53 Management-Buy-Out 43

158 Stichwortverzeichnis

Marktpotenzial 53 Monitoring 11 ff., 44 ff. Moral Hazard 7 ff. Multikollinearitat 116

Netzwerk 33, 57, 63 ff., 87, 99 Nicht-Homoskedastizitat 116

Opportunitatskosten Overconfidence 76

13 ff.

54 Personlichkeitsmerkmale Phasenfokus 103 ff. Placement Memorandum 38, 46 Portfoliostrategie 38 ff. Produktdifferenzierung 53

Rahmenbedingungen Institutionelle 78 ff. Geografische 86 ff.

Regressionsanalyse Ordinary Least Square 115

Scorecards 99 SECA 93 ff. Selektions-Hypothese 65 Self Selection 50 ff. Skill Weights Approach 36 Spezialisierung 14 ff. Spill-over-Effekt 70 Stages

Early 17ff.,42 Expansion 17 ff. First/Second/Third 17ff. Late 17ff Seed 17ff. Startup 17 ff.

Staging 20 ff. Strategiewahl 32 ff. Sunk Costs 21 Syndizierungsstrategie 63 ff.

Tauschoptionen 67 Track Record 45, 54 Transaktionskosten 14, 40

Value-Added-Hypothese 65 Venture Capital 5 ff Venture Capital-Gesellschaften

Corporate 83 ff Offentliche 79 ff. Unabhangige 5 ff.

Verhalten Irrationales 73 ff.

Weisungs- und Entscheidungsrechte 24,54

Window Dressing 64 Wissen

Allgemeines = Generelles 32 ff. Spezifisches 32 ff. Wissenschaftliches 32 ff. Idiosynkratisches 32 ff.

Wissensausstattung 32 ff. Wissenstransferkosten 11 ff.

Zeit Allokation von 57 ff., 95, 128 Horizont 6, 53

Zertifizierung 14, 81