Benedetta Montanaro

• Politecnico di Milano

Artificial intelligence (AI) technologies have significantly attracted the attention of institutional investors over the last decade. However, previous literature has not deeply explored the characteristics of venture capital (VC) investments in AI ventures. In this study, we explore whether and to what extent investments in AI ventures differ from...

This study proposes a hybrid model of initial trust formation that highlights the role of social categorization and its interplay with both institutional trust and the individuating information about the party. Using data on 1,474 corporate venture capital (CVC) investments in European ventures and a case-control research design, we find that ventu...

Plain English Summary In this paper, we conduct a systematic literature review on entrepreneurial ventures’ valuation drivers and their underlying theoretical lenses, highlighting how and why they vary along firms’ life cycle. The valuation of entrepreneurial ventures is a challenging task for practitioners and a relevant issue that attracts the at...

Purpose This study aims to analyze the impact of different exit alternatives, investor presence and founders’ human capital on the exit value of European venture capital (VC)-backed high technology startups. Design/methodology/approach The empirical analysis is based on a sample of 107 European firms that obtained an exit through Merger&Acquisitio...