Research: Venture Capital for Impact Initiative

The Hanken Venture Capital for Impact (VCI) Initiative brings together key researchers, entrepreneurs, investors, students and VC-industry to promote research, teaching and international collaboration with regards to entrepreneurship and venture capital.

The Venture Capital for Impact Initiative is based on a multi-disciplinary research collaboration project supported by the Ministry of Education and Culture USA-pilot program.

The VCI Initiative is designed to develop relevant knowledge, innovations and co-operation opportunities in close collaboration with the venture capital industry in the Nordics, USA and globally.

Research Focus

A special research focus is placed on emergent trends within venture capital. This includes exploring the creation of unicorn firms (i.e. privately held companies exceeding the value of one billion dollars), investor ecosystems, incubators and family offices' investment strategies.

Key research foci include amongst other valuation, networks, ecosystems and impact. the entrepreneurial value creation of unicorns, i.e. privately held companies exceeding the value of one billion dollars.

Recent Research Publications

Burström, T., Lahti, T., Parida, V., Wartiovaara, M., & Wincent, J. (2022). Software ecosystems now and in the future: A definition, systematic literature review, and integration into the business and digital ecosystems literature. IEEE Transactions on Engineering Management.

Burström, T., Lahti, T., Parida, V., Wartiovaara, M., & Wincent, J. (2023). A definition, review, and extension of global ecosystems theory: Trends, architecture and orchestration of global VCs and mechanisms behind unicorns. Journal of Business Research 157, 113605. 

 

Venture Capital Research Unit

Markus

Markus Wartiovaara

markus.wartiovaara@hanken.fi

Director of research unit

Tom

Tom Lahti

tom.lahti@hanken.fi

Academic director

Thommie

Thommie Burstöm

thommie.burstrom@hanken.fi

Director of research impact

 

Bild på Ronny Eriksson

Ronny Eriksson 

ronny.eriksson@hanken.fi

PhD Student

Resources

Finnish Venture Capital Association

Nordic VC scene

Nordic Venture Network

Venture Capital in Finland

Angel Investing in Finland

The European Data Cooperative (EDC) Initiative

Stanford Venture Capital Initiative

Berkeley Venture Capital Executive Program

Sir Ronald Cohen / Impact

Harvard Impact Weighted Accounts

Reporting Enterprise Value - Climate Prototype

Impact Management Project