id	sid	tid	token	lemma	pos
hassl-883	1	1	72	72	NUM
hassl-883	1	2	©	©	PROPN
hassl-883	1	3	2021	2021	NUM
hassl-883	1	4	conscientia	conscientia	PROPN
hassl-883	1	5	beam	beam	PROPN
hassl-883	1	6	.	.	PUNCT
hassl-883	2	1	all	all	DET
hassl-883	2	2	rights	right	NOUN
hassl-883	2	3	reserved	reserve	VERB
hassl-883	2	4	.	.	PUNCT
hassl-883	3	1	the	the	DET
hassl-883	3	2	liability	liability	NOUN
hassl-883	3	3	of	of	ADP
hassl-883	3	4	foreignness	foreignness	NOUN
hassl-883	3	5	in	in	ADP
hassl-883	3	6	early	early	ADJ
hassl-883	3	7	-	-	PUNCT
hassl-883	3	8	stage	stage	NOUN
hassl-883	3	9	corporate	corporate	ADJ
hassl-883	3	10	venture	venture	NOUN
hassl-883	3	11	capital	capital	NOUN
hassl-883	3	12	investment	investment	NOUN
hassl-883	3	13	shinhyung	shinhyung	NOUN
hassl-883	3	14	kang1	kang1	NOUN
hassl-883	3	15	shalendra	shalendra	PROPN
hassl-883	3	16	s.	s.	PROPN
hassl-883	3	17	kumar2	kumar2	PROPN
hassl-883	3	18	bonwoo	bonwoo	VERB
hassl-883	3	19	ku	ku	PROPN
hassl-883	3	20	3	3	NUM
hassl-883	3	21	+	+	SYM
hassl-883	3	22	1assistant	1assistant	NUM
hassl-883	3	23	professor	professor	NOUN
hassl-883	3	24	,	,	PUNCT
hassl-883	3	25	school	school	NOUN
hassl-883	3	26	of	of	ADP
hassl-883	3	27	business	business	PROPN
hassl-883	3	28	administration	administration	PROPN
hassl-883	3	29	,	,	PUNCT
hassl-883	3	30	chungnam	chungnam	NOUN
hassl-883	3	31	national	national	PROPN
hassl-883	3	32	university	university	PROPN
hassl-883	3	33	,	,	PUNCT
hassl-883	3	34	korea	korea	PROPN
hassl-883	3	35	.	.	PUNCT
hassl-883	4	1	2,3school	2,3school	NUM
hassl-883	4	2	of	of	ADP
hassl-883	4	3	business	business	NOUN
hassl-883	4	4	administration	administration	NOUN
hassl-883	4	5	,	,	PUNCT
hassl-883	4	6	chungnam	chungnam	NOUN
hassl-883	4	7	national	national	PROPN
hassl-883	4	8	university	university	PROPN
hassl-883	4	9	,	,	PUNCT
hassl-883	4	10	korea	korea	PROPN
hassl-883	4	11	.	.	PUNCT
hassl-883	5	1	(	(	PUNCT
hassl-883	5	2	+	+	CCONJ
hassl-883	5	3	corresponding	correspond	VERB
hassl-883	5	4	author	author	NOUN
hassl-883	5	5	)	)	PUNCT
hassl-883	5	6	abstract	abstract	ADJ
hassl-883	5	7	article	article	NOUN
hassl-883	5	8	history	history	NOUN
hassl-883	5	9	received	receive	VERB
hassl-883	5	10	:	:	PUNCT
hassl-883	5	11	4	4	NUM
hassl-883	5	12	january	january	NOUN
hassl-883	5	13	2021	2021	NUM
hassl-883	5	14	revised	revise	VERB
hassl-883	5	15	:	:	PUNCT
hassl-883	5	16	22	22	NUM
hassl-883	5	17	january	january	PROPN
hassl-883	5	18	2021	2021	NUM
hassl-883	5	19	accepted	accept	VERB
hassl-883	5	20	:	:	PUNCT
hassl-883	5	21	2	2	NUM
hassl-883	5	22	february	february	NOUN
hassl-883	5	23	2021	2021	NUM
hassl-883	5	24	published	publish	VERB
hassl-883	5	25	:	:	PUNCT
hassl-883	5	26	16	16	NUM
hassl-883	5	27	february	february	NOUN
hassl-883	5	28	2021	2021	NUM
hassl-883	5	29	keywords	keyword	VERB
hassl-883	5	30	corporate	corporate	ADJ
hassl-883	5	31	venture	venture	NOUN
hassl-883	5	32	capital	capital	NOUN
hassl-883	5	33	venture	venture	NOUN
hassl-883	5	34	capital	capital	NOUN
hassl-883	5	35	entrepreneurial	entrepreneurial	ADJ
hassl-883	5	36	financing	financing	NOUN
hassl-883	5	37	liability	liability	NOUN
hassl-883	5	38	of	of	ADP
hassl-883	5	39	foreignness	foreignness	NOUN
hassl-883	5	40	cross	cross	ADJ
hassl-883	5	41	-	-	ADJ
hassl-883	5	42	border	border	ADJ
hassl-883	5	43	investment	investment	NOUN
hassl-883	5	44	intellectual	intellectual	ADJ
hassl-883	5	45	property	property	NOUN
hassl-883	5	46	protection	protection	NOUN
hassl-883	5	47	.	.	PUNCT
hassl-883	6	1	cross	cross	ADJ
hassl-883	6	2	-	-	ADJ
hassl-883	6	3	border	border	ADJ
hassl-883	6	4	corporate	corporate	ADJ
hassl-883	6	5	venture	venture	NOUN
hassl-883	6	6	capital	capital	NOUN
hassl-883	6	7	(	(	PUNCT
hassl-883	6	8	cvc	cvc	NOUN
hassl-883	6	9	)	)	PUNCT
hassl-883	6	10	investments	investment	NOUN
hassl-883	6	11	are	be	AUX
hassl-883	6	12	inevitable	inevitable	ADJ
hassl-883	6	13	for	for	ADP
hassl-883	6	14	firms	firm	NOUN
hassl-883	6	15	outside	outside	ADP
hassl-883	6	16	the	the	DET
hassl-883	6	17	u.s	u.s	PROPN
hassl-883	6	18	.	.	PROPN
hassl-883	6	19	in	in	ADP
hassl-883	6	20	order	order	NOUN
hassl-883	6	21	to	to	PART
hassl-883	6	22	access	access	VERB
hassl-883	6	23	the	the	DET
hassl-883	6	24	emerging	emerge	VERB
hassl-883	6	25	and	and	CCONJ
hassl-883	6	26	disruptive	disruptive	ADJ
hassl-883	6	27	technology	technology	NOUN
hassl-883	6	28	of	of	ADP
hassl-883	6	29	ventures	venture	NOUN
hassl-883	6	30	in	in	ADP
hassl-883	6	31	the	the	DET
hassl-883	6	32	u.s	u.s	PROPN
hassl-883	6	33	.	.	PROPN
hassl-883	6	34	in	in	ADP
hassl-883	6	35	particular	particular	ADJ
hassl-883	6	36	,	,	PUNCT
hassl-883	6	37	investing	invest	VERB
hassl-883	6	38	in	in	ADP
hassl-883	6	39	early	early	ADJ
hassl-883	6	40	-	-	PUNCT
hassl-883	6	41	stage	stage	NOUN
hassl-883	6	42	ventures	venture	NOUN
hassl-883	6	43	has	have	VERB
hassl-883	6	44	more	more	ADJ
hassl-883	6	45	strategic	strategic	ADJ
hassl-883	6	46	benefits	benefit	NOUN
hassl-883	6	47	than	than	ADP
hassl-883	6	48	in	in	ADP
hassl-883	6	49	later	later	ADJ
hassl-883	6	50	-	-	PUNCT
hassl-883	6	51	stage	stage	NOUN
hassl-883	6	52	ones	one	NOUN
hassl-883	6	53	.	.	PUNCT
hassl-883	7	1	however	however	ADV
hassl-883	7	2	,	,	PUNCT
hassl-883	7	3	investing	investing	NOUN
hassl-883	7	4	firms	firm	NOUN
hassl-883	7	5	suffer	suffer	VERB
hassl-883	7	6	from	from	ADP
hassl-883	7	7	the	the	DET
hassl-883	7	8	liability	liability	NOUN
hassl-883	7	9	of	of	ADP
hassl-883	7	10	foreignness	foreignness	NOUN
hassl-883	7	11	(	(	PUNCT
hassl-883	7	12	lof	lof	PROPN
hassl-883	7	13	)	)	PUNCT
hassl-883	7	14	to	to	ADP
hassl-883	7	15	a	a	DET
hassl-883	7	16	greater	great	ADJ
hassl-883	7	17	extent	extent	NOUN
hassl-883	7	18	in	in	ADP
hassl-883	7	19	the	the	DET
hassl-883	7	20	case	case	NOUN
hassl-883	7	21	of	of	ADP
hassl-883	7	22	cvc	cvc	NOUN
hassl-883	7	23	investments	investment	NOUN
hassl-883	7	24	in	in	ADP
hassl-883	7	25	early	early	ADJ
hassl-883	7	26	-	-	PUNCT
hassl-883	7	27	stage	stage	NOUN
hassl-883	7	28	ventures	venture	NOUN
hassl-883	7	29	.	.	PUNCT
hassl-883	8	1	since	since	SCONJ
hassl-883	8	2	establishing	establish	VERB
hassl-883	8	3	a	a	DET
hassl-883	8	4	local	local	ADJ
hassl-883	8	5	unit	unit	NOUN
hassl-883	8	6	is	be	AUX
hassl-883	8	7	a	a	DET
hassl-883	8	8	generally	generally	ADV
hassl-883	8	9	accepted	accept	VERB
hassl-883	8	10	approach	approach	NOUN
hassl-883	8	11	to	to	ADP
hassl-883	8	12	resolving	resolve	VERB
hassl-883	8	13	the	the	DET
hassl-883	8	14	lof	lof	NOUN
hassl-883	8	15	,	,	PUNCT
hassl-883	8	16	we	we	PRON
hassl-883	8	17	examine	examine	VERB
hassl-883	8	18	whether	whether	SCONJ
hassl-883	8	19	non	non	ADJ
hassl-883	8	20	-	-	ADJ
hassl-883	8	21	u.s	u.s	ADJ
hassl-883	8	22	.	.	PROPN
hassl-883	8	23	firms	firm	NOUN
hassl-883	8	24	establishing	establish	VERB
hassl-883	8	25	a	a	DET
hassl-883	8	26	local	local	ADJ
hassl-883	8	27	cvc	cvc	NOUN
hassl-883	8	28	unit	unit	NOUN
hassl-883	8	29	in	in	ADP
hassl-883	8	30	the	the	DET
hassl-883	8	31	u.s	u.s	PROPN
hassl-883	8	32	.	.	PROPN
hassl-883	8	33	helps	help	VERB
hassl-883	8	34	to	to	PART
hassl-883	8	35	overcome	overcome	VERB
hassl-883	8	36	the	the	DET
hassl-883	8	37	lof	lof	NOUN
hassl-883	8	38	.	.	PUNCT
hassl-883	9	1	in	in	ADP
hassl-883	9	2	addition	addition	NOUN
hassl-883	9	3	,	,	PUNCT
hassl-883	9	4	because	because	SCONJ
hassl-883	9	5	cvc	cvc	NOUN
hassl-883	9	6	investments	investment	NOUN
hassl-883	9	7	engender	engender	VERB
hassl-883	9	8	imitation	imitation	NOUN
hassl-883	9	9	risk	risk	NOUN
hassl-883	9	10	for	for	ADP
hassl-883	9	11	ventures	venture	NOUN
hassl-883	9	12	,	,	PUNCT
hassl-883	9	13	we	we	PRON
hassl-883	9	14	also	also	ADV
hassl-883	9	15	examine	examine	VERB
hassl-883	9	16	the	the	DET
hassl-883	9	17	moderating	moderate	VERB
hassl-883	9	18	effect	effect	NOUN
hassl-883	9	19	of	of	ADP
hassl-883	9	20	the	the	DET
hassl-883	9	21	intellectual	intellectual	ADJ
hassl-883	9	22	property	property	NOUN
hassl-883	9	23	protection	protection	NOUN
hassl-883	9	24	(	(	PUNCT
hassl-883	9	25	ipp	ipp	PROPN
hassl-883	9	26	)	)	PUNCT
hassl-883	9	27	regime	regime	NOUN
hassl-883	9	28	.	.	PUNCT
hassl-883	10	1	the	the	DET
hassl-883	10	2	hypotheses	hypothesis	NOUN
hassl-883	10	3	are	be	AUX
hassl-883	10	4	tested	test	VERB
hassl-883	10	5	with	with	ADP
hassl-883	10	6	2,171	2,171	NUM
hassl-883	10	7	cvc	cvc	NOUN
hassl-883	10	8	investments	investment	NOUN
hassl-883	10	9	in	in	ADP
hassl-883	10	10	the	the	DET
hassl-883	10	11	u.s	u.s	PROPN
hassl-883	10	12	.	.	PROPN
hassl-883	10	13	between	between	ADP
hassl-883	10	14	2001	2001	NUM
hassl-883	10	15	and	and	CCONJ
hassl-883	10	16	2010	2010	NUM
hassl-883	10	17	.	.	PUNCT
hassl-883	11	1	we	we	PRON
hassl-883	11	2	find	find	VERB
hassl-883	11	3	that	that	SCONJ
hassl-883	11	4	a	a	DET
hassl-883	11	5	local	local	ADJ
hassl-883	11	6	cvc	cvc	NOUN
hassl-883	11	7	unit	unit	NOUN
hassl-883	11	8	is	be	AUX
hassl-883	11	9	only	only	ADV
hassl-883	11	10	effective	effective	ADJ
hassl-883	11	11	in	in	ADP
hassl-883	11	12	resolving	resolve	VERB
hassl-883	11	13	lof	lof	NOUN
hassl-883	11	14	when	when	SCONJ
hassl-883	11	15	the	the	DET
hassl-883	11	16	target	target	NOUN
hassl-883	11	17	venture	venture	NOUN
hassl-883	11	18	is	be	AUX
hassl-883	11	19	under	under	ADP
hassl-883	11	20	a	a	DET
hassl-883	11	21	strong	strong	ADJ
hassl-883	11	22	ipp	ipp	NOUN
hassl-883	11	23	regime	regime	NOUN
hassl-883	11	24	.	.	PUNCT
hassl-883	12	1	contribution	contribution	NOUN
hassl-883	12	2	/	/	SYM
hassl-883	12	3	originality	originality	NOUN
hassl-883	12	4	:	:	PUNCT
hassl-883	12	5	this	this	DET
hassl-883	12	6	study	study	NOUN
hassl-883	12	7	extends	extend	VERB
hassl-883	12	8	the	the	DET
hassl-883	12	9	research	research	NOUN
hassl-883	12	10	on	on	ADP
hassl-883	12	11	the	the	DET
hassl-883	12	12	liability	liability	NOUN
hassl-883	12	13	of	of	ADP
hassl-883	12	14	foreignness	foreignness	NOUN
hassl-883	12	15	from	from	ADP
hassl-883	12	16	the	the	DET
hassl-883	12	17	perspective	perspective	NOUN
hassl-883	12	18	of	of	ADP
hassl-883	12	19	the	the	DET
hassl-883	12	20	capital	capital	NOUN
hassl-883	12	21	market	market	NOUN
hassl-883	12	22	,	,	PUNCT
hassl-883	12	23	in	in	ADP
hassl-883	12	24	particular	particular	ADJ
hassl-883	12	25	cvc	cvc	NOUN
hassl-883	12	26	investment	investment	NOUN
hassl-883	12	27	.	.	PUNCT
hassl-883	13	1	specifically	specifically	ADV
hassl-883	13	2	,	,	PUNCT
hassl-883	13	3	it	it	PRON
hassl-883	13	4	highlights	highlight	VERB
hassl-883	13	5	that	that	SCONJ
hassl-883	13	6	not	not	PART
hassl-883	13	7	only	only	ADV
hassl-883	13	8	the	the	DET
hassl-883	13	9	imitation	imitation	NOUN
hassl-883	13	10	risk	risk	NOUN
hassl-883	13	11	for	for	ADP
hassl-883	13	12	ventures	venture	NOUN
hassl-883	13	13	but	but	CCONJ
hassl-883	13	14	also	also	ADV
hassl-883	13	15	the	the	DET
hassl-883	13	16	adverse	adverse	ADJ
hassl-883	13	17	selection	selection	NOUN
hassl-883	13	18	risk	risk	NOUN
hassl-883	13	19	for	for	ADP
hassl-883	13	20	corporate	corporate	ADJ
hassl-883	13	21	investors	investor	NOUN
hassl-883	13	22	needs	need	VERB
hassl-883	13	23	to	to	PART
hassl-883	13	24	be	be	AUX
hassl-883	13	25	mitigated	mitigate	VERB
hassl-883	13	26	for	for	ADP
hassl-883	13	27	early	early	ADJ
hassl-883	13	28	-	-	PUNCT
hassl-883	13	29	stage	stage	NOUN
hassl-883	13	30	crossborder	crossborder	NOUN
hassl-883	13	31	cvc	cvc	NOUN
hassl-883	13	32	investments	investment	NOUN
hassl-883	13	33	to	to	PART
hassl-883	13	34	be	be	AUX
hassl-883	13	35	successful	successful	ADJ
hassl-883	13	36	.	.	PUNCT
hassl-883	14	1	1	1	X
hassl-883	14	2	.	.	X
hassl-883	14	3	introduction	introduction	NOUN
hassl-883	14	4	corporate	corporate	ADJ
hassl-883	14	5	venture	venture	NOUN
hassl-883	14	6	capital	capital	NOUN
hassl-883	14	7	(	(	PUNCT
hassl-883	14	8	cvc	cvc	NOUN
hassl-883	14	9	)	)	PUNCT
hassl-883	14	10	investments	investment	NOUN
hassl-883	14	11	are	be	AUX
hassl-883	14	12	investments	investment	NOUN
hassl-883	14	13	of	of	ADP
hassl-883	14	14	minority	minority	NOUN
hassl-883	14	15	equity	equity	NOUN
hassl-883	14	16	stakes	stake	NOUN
hassl-883	14	17	by	by	ADP
hassl-883	14	18	established	establish	VERB
hassl-883	14	19	,	,	PUNCT
hassl-883	14	20	usually	usually	ADV
hassl-883	14	21	large	large	ADJ
hassl-883	14	22	,	,	PUNCT
hassl-883	14	23	corporations	corporation	NOUN
hassl-883	14	24	in	in	ADP
hassl-883	14	25	privately	privately	ADV
hassl-883	14	26	-	-	PUNCT
hassl-883	14	27	held	hold	VERB
hassl-883	14	28	new	new	ADJ
hassl-883	14	29	ventures	venture	NOUN
hassl-883	14	30	that	that	PRON
hassl-883	14	31	are	be	AUX
hassl-883	14	32	seeking	seek	VERB
hassl-883	14	33	capital	capital	NOUN
hassl-883	14	34	to	to	PART
hassl-883	14	35	commercialize	commercialize	VERB
hassl-883	14	36	their	their	PRON
hassl-883	14	37	technological	technological	ADJ
hassl-883	14	38	inventions	invention	NOUN
hassl-883	14	39	and	and	CCONJ
hassl-883	14	40	continue	continue	VERB
hassl-883	14	41	operation	operation	NOUN
hassl-883	14	42	(	(	PUNCT
hassl-883	14	43	gompers	gomper	NOUN
hassl-883	14	44	&	&	CCONJ
hassl-883	14	45	lerner	lerner	PROPN
hassl-883	14	46	,	,	PUNCT
hassl-883	14	47	2000	2000	NUM
hassl-883	14	48	)	)	PUNCT
hassl-883	14	49	.	.	PUNCT
hassl-883	15	1	large	large	ADJ
hassl-883	15	2	corporations	corporation	NOUN
hassl-883	15	3	such	such	ADJ
hassl-883	15	4	as	as	ADP
hassl-883	15	5	intel	intel	PROPN
hassl-883	15	6	,	,	PUNCT
hassl-883	15	7	microsoft	microsoft	PROPN
hassl-883	15	8	,	,	PUNCT
hassl-883	15	9	and	and	CCONJ
hassl-883	15	10	qualcomm	qualcomm	NOUN
hassl-883	15	11	employ	employ	VERB
hassl-883	15	12	cvc	cvc	NOUN
hassl-883	15	13	investments	investment	NOUN
hassl-883	15	14	as	as	ADP
hassl-883	15	15	a	a	DET
hassl-883	15	16	path	path	NOUN
hassl-883	15	17	to	to	ADP
hassl-883	15	18	growth	growth	NOUN
hassl-883	15	19	(	(	PUNCT
hassl-883	15	20	chesbrough	chesbrough	NOUN
hassl-883	15	21	&	&	CCONJ
hassl-883	15	22	tachau	tachau	NOUN
hassl-883	15	23	,	,	PUNCT
hassl-883	15	24	2002	2002	NUM
hassl-883	15	25	)	)	PUNCT
hassl-883	15	26	.	.	PUNCT
hassl-883	16	1	unlike	unlike	ADP
hassl-883	16	2	conventional	conventional	ADJ
hassl-883	16	3	venture	venture	NOUN
hassl-883	16	4	capital	capital	NOUN
hassl-883	16	5	(	(	PUNCT
hassl-883	16	6	vc	vc	NOUN
hassl-883	16	7	)	)	PUNCT
hassl-883	16	8	investments	investment	NOUN
hassl-883	16	9	,	,	PUNCT
hassl-883	16	10	cvc	cvc	NOUN
hassl-883	16	11	investments	investment	NOUN
hassl-883	16	12	pursue	pursue	VERB
hassl-883	16	13	not	not	PART
hassl-883	16	14	only	only	ADV
hassl-883	16	15	financial	financial	ADJ
hassl-883	16	16	gains	gain	NOUN
hassl-883	16	17	but	but	CCONJ
hassl-883	16	18	also	also	ADV
hassl-883	16	19	strategic	strategic	ADJ
hassl-883	16	20	benefits	benefit	NOUN
hassl-883	16	21	for	for	ADP
hassl-883	16	22	the	the	DET
hassl-883	16	23	parent	parent	NOUN
hassl-883	16	24	firm	firm	NOUN
hassl-883	16	25	.	.	PUNCT
hassl-883	17	1	for	for	ADP
hassl-883	17	2	instance	instance	NOUN
hassl-883	17	3	,	,	PUNCT
hassl-883	17	4	cvc	cvc	NOUN
hassl-883	17	5	investments	investment	NOUN
hassl-883	17	6	allow	allow	VERB
hassl-883	17	7	the	the	DET
hassl-883	17	8	parent	parent	NOUN
hassl-883	17	9	firm	firm	NOUN
hassl-883	17	10	to	to	PART
hassl-883	17	11	gather	gather	VERB
hassl-883	17	12	information	information	NOUN
hassl-883	17	13	of	of	ADP
hassl-883	17	14	emerging	emerge	VERB
hassl-883	17	15	technology	technology	NOUN
hassl-883	17	16	and	and	CCONJ
hassl-883	17	17	business	business	NOUN
hassl-883	17	18	models	model	NOUN
hassl-883	17	19	and	and	CCONJ
hassl-883	17	20	identify	identify	VERB
hassl-883	17	21	appropriate	appropriate	ADJ
hassl-883	17	22	alliance	alliance	NOUN
hassl-883	17	23	partners	partner	NOUN
hassl-883	17	24	or	or	CCONJ
hassl-883	17	25	acquisition	acquisition	NOUN
hassl-883	17	26	targets	target	NOUN
hassl-883	17	27	(	(	PUNCT
hassl-883	17	28	benson	benson	PROPN
hassl-883	17	29	&	&	CCONJ
hassl-883	17	30	ziedonis	ziedonis	PROPN
hassl-883	17	31	,	,	PUNCT
hassl-883	17	32	2009	2009	NUM
hassl-883	17	33	;	;	PUNCT
hassl-883	17	34	maula	maula	PROPN
hassl-883	17	35	,	,	PUNCT
hassl-883	17	36	keil	keil	PROPN
hassl-883	17	37	,	,	PUNCT
hassl-883	17	38	&	&	CCONJ
hassl-883	17	39	zahra	zahra	PROPN
hassl-883	17	40	,	,	PUNCT
hassl-883	17	41	2013	2013	NUM
hassl-883	17	42	;	;	PUNCT
hassl-883	17	43	wadhwa	wadhwa	PROPN
hassl-883	17	44	&	&	CCONJ
hassl-883	17	45	kotha	kotha	PROPN
hassl-883	17	46	,	,	PUNCT
hassl-883	17	47	2006	2006	NUM
hassl-883	17	48	)	)	PUNCT
hassl-883	17	49	.	.	PUNCT
hassl-883	18	1	cross	cross	ADJ
hassl-883	18	2	-	-	ADJ
hassl-883	18	3	border	border	ADJ
hassl-883	18	4	cvc	cvc	NOUN
hassl-883	18	5	investments	investment	NOUN
hassl-883	18	6	are	be	AUX
hassl-883	18	7	necessary	necessary	ADJ
hassl-883	18	8	for	for	SCONJ
hassl-883	18	9	corporations	corporation	NOUN
hassl-883	18	10	to	to	PART
hassl-883	18	11	achieve	achieve	VERB
hassl-883	18	12	strategic	strategic	ADJ
hassl-883	18	13	objectives	objective	NOUN
hassl-883	18	14	.	.	PUNCT
hassl-883	19	1	non	non	ADJ
hassl-883	19	2	-	-	ADJ
hassl-883	19	3	u.s	u.s	PROPN
hassl-883	19	4	.	.	PROPN
hassl-883	19	5	corporations	corporation	NOUN
hassl-883	19	6	particularly	particularly	ADV
hassl-883	19	7	need	need	VERB
hassl-883	19	8	to	to	PART
hassl-883	19	9	invest	invest	VERB
hassl-883	19	10	in	in	ADP
hassl-883	19	11	u.s	u.s	PROPN
hassl-883	19	12	.	.	PROPN
hassl-883	19	13	ventures	venture	NOUN
hassl-883	19	14	in	in	ADP
hassl-883	19	15	the	the	DET
hassl-883	19	16	early	early	ADJ
hassl-883	19	17	stage	stage	NOUN
hassl-883	19	18	since	since	SCONJ
hassl-883	19	19	the	the	DET
hassl-883	19	20	u.s	u.s	PROPN
hassl-883	19	21	.	.	PROPN
hassl-883	19	22	is	be	AUX
hassl-883	19	23	the	the	DET
hassl-883	19	24	leading	lead	VERB
hassl-883	19	25	country	country	NOUN
hassl-883	19	26	in	in	ADP
hassl-883	19	27	emerging	emerge	VERB
hassl-883	19	28	technology	technology	NOUN
hassl-883	19	29	(	(	PUNCT
hassl-883	19	30	hasegawa	hasegawa	PROPN
hassl-883	19	31	,	,	PUNCT
hassl-883	19	32	2011	2011	NUM
hassl-883	19	33	)	)	PUNCT
hassl-883	19	34	.	.	PUNCT
hassl-883	20	1	yet	yet	ADV
hassl-883	20	2	,	,	PUNCT
hassl-883	20	3	non	non	ADJ
hassl-883	20	4	-	-	ADJ
hassl-883	20	5	u.s	u.s	PROPN
hassl-883	20	6	.	.	PROPN
hassl-883	20	7	firms	firm	NOUN
hassl-883	20	8	are	be	AUX
hassl-883	20	9	confronted	confront	VERB
hassl-883	20	10	with	with	ADP
hassl-883	20	11	the	the	DET
hassl-883	20	12	liability	liability	NOUN
hassl-883	20	13	of	of	ADP
hassl-883	20	14	foreignness	foreignness	NOUN
hassl-883	20	15	in	in	ADP
hassl-883	20	16	conducting	conduct	VERB
hassl-883	20	17	early	early	ADJ
hassl-883	20	18	-	-	PUNCT
hassl-883	20	19	stage	stage	NOUN
hassl-883	20	20	cross	cross	ADJ
hassl-883	20	21	-	-	ADJ
hassl-883	20	22	border	border	ADJ
hassl-883	20	23	cvc	cvc	NOUN
hassl-883	20	24	investments	investment	NOUN
hassl-883	20	25	.	.	PUNCT
hassl-883	21	1	liability	liability	NOUN
hassl-883	21	2	of	of	ADP
hassl-883	21	3	humanities	humanity	NOUN
hassl-883	21	4	and	and	CCONJ
hassl-883	21	5	social	social	ADJ
hassl-883	21	6	sciences	science	NOUN
hassl-883	21	7	letters	letter	NOUN
hassl-883	21	8	2021	2021	NUM
hassl-883	21	9	vol	vol	NOUN
hassl-883	21	10	.	.	PROPN
hassl-883	21	11	9	9	NUM
hassl-883	21	12	,	,	PUNCT
hassl-883	21	13	no	no	INTJ
hassl-883	21	14	.	.	NOUN
hassl-883	21	15	1	1	NUM
hassl-883	21	16	,	,	PUNCT
hassl-883	21	17	pp	pp	ADJ
hassl-883	21	18	.	.	PUNCT
hassl-883	22	1	72	72	NUM
hassl-883	22	2	-	-	SYM
hassl-883	22	3	85	85	NUM
hassl-883	22	4	.	.	PUNCT
hassl-883	23	1	issn(e	issn(e	PROPN
hassl-883	23	2	):	):	PUNCT
hassl-883	23	3	2312	2312	NUM
hassl-883	23	4	-	-	SYM
hassl-883	23	5	4318	4318	NUM
hassl-883	23	6	issn(p	issn(p	NUM
hassl-883	23	7	):	):	PUNCT
hassl-883	23	8	2312	2312	NUM
hassl-883	23	9	-	-	SYM
hassl-883	23	10	5659	5659	NUM
hassl-883	23	11	doi	doi	NOUN
hassl-883	23	12	:	:	PUNCT
hassl-883	23	13	10.18488	10.18488	NUM
hassl-883	23	14	/	/	SYM
hassl-883	23	15	journal.73.2021.91.72.85	journal.73.2021.91.72.85	PROPN
hassl-883	23	16	©	©	PROPN
hassl-883	23	17	2021	2021	NUM
hassl-883	23	18	conscientia	conscientia	PROPN
hassl-883	23	19	beam	beam	PROPN
hassl-883	23	20	.	.	PUNCT
hassl-883	24	1	all	all	DET
hassl-883	24	2	rights	right	NOUN
hassl-883	24	3	reserved	reserve	VERB
hassl-883	24	4	.	.	PUNCT
hassl-883	25	1	https://orcid.org/0000-0003-3641-4953	https://orcid.org/0000-0003-3641-4953	PROPN
hassl-883	25	2	https://orcid.org/0000-0002-6231-1483	https://orcid.org/0000-0002-6231-1483	PROPN
hassl-883	25	3	https://orcid.org/0000-0002-8207-6177	https://orcid.org/0000-0002-8207-6177	PROPN
hassl-883	25	4	https://www.doi.org/10.18488/journal.73.2021.91.72.85	https://www.doi.org/10.18488/journal.73.2021.91.72.85	NUM
hassl-883	25	5	humanities	humanity	NOUN
hassl-883	25	6	and	and	CCONJ
hassl-883	25	7	social	social	ADJ
hassl-883	25	8	sciences	science	NOUN
hassl-883	25	9	letters	letter	NOUN
hassl-883	25	10	,	,	PUNCT
hassl-883	25	11	2021	2021	NUM
hassl-883	25	12	,	,	PUNCT
hassl-883	25	13	9(1	9(1	NUM
hassl-883	25	14	):	):	PUNCT
hassl-883	25	15	72	72	NUM
hassl-883	25	16	-	-	SYM
hassl-883	25	17	85	85	NUM
hassl-883	25	18	73	73	NUM
hassl-883	25	19	©	©	PROPN
hassl-883	25	20	2021	2021	NUM
hassl-883	25	21	conscientia	conscientia	PROPN
hassl-883	25	22	beam	beam	PROPN
hassl-883	25	23	.	.	PUNCT
hassl-883	26	1	all	all	DET
hassl-883	26	2	rights	right	NOUN
hassl-883	26	3	reserved	reserve	VERB
hassl-883	26	4	.	.	PUNCT
hassl-883	27	1	foreignness	foreignness	NOUN
hassl-883	27	2	is	be	AUX
hassl-883	27	3	the	the	DET
hassl-883	27	4	additional	additional	ADJ
hassl-883	27	5	cost	cost	NOUN
hassl-883	27	6	incurred	incur	VERB
hassl-883	27	7	by	by	ADP
hassl-883	27	8	foreign	foreign	ADJ
hassl-883	27	9	firms	firm	NOUN
hassl-883	27	10	in	in	ADP
hassl-883	27	11	gathering	gather	VERB
hassl-883	27	12	local	local	ADJ
hassl-883	27	13	information	information	NOUN
hassl-883	27	14	from	from	ADP
hassl-883	27	15	a	a	DET
hassl-883	27	16	spatially	spatially	ADV
hassl-883	27	17	distant	distant	ADJ
hassl-883	27	18	location	location	NOUN
hassl-883	27	19	and	and	CCONJ
hassl-883	27	20	their	their	PRON
hassl-883	27	21	unfamiliarity	unfamiliarity	NOUN
hassl-883	27	22	with	with	ADP
hassl-883	27	23	and	and	CCONJ
hassl-883	27	24	lack	lack	NOUN
hassl-883	27	25	of	of	ADP
hassl-883	27	26	roots	root	NOUN
hassl-883	27	27	in	in	ADP
hassl-883	27	28	a	a	DET
hassl-883	27	29	local	local	ADJ
hassl-883	27	30	environment	environment	NOUN
hassl-883	27	31	(	(	PUNCT
hassl-883	27	32	zaheer	zaheer	PROPN
hassl-883	27	33	,	,	PUNCT
hassl-883	27	34	1995	1995	NUM
hassl-883	27	35	)	)	PUNCT
hassl-883	27	36	.	.	PUNCT
hassl-883	28	1	some	some	DET
hassl-883	28	2	researchers	researcher	NOUN
hassl-883	28	3	have	have	AUX
hassl-883	28	4	proposed	propose	VERB
hassl-883	28	5	the	the	DET
hassl-883	28	6	liability	liability	NOUN
hassl-883	28	7	of	of	ADP
hassl-883	28	8	foreignness	foreignness	NOUN
hassl-883	28	9	in	in	ADP
hassl-883	28	10	the	the	DET
hassl-883	28	11	vc	vc	PROPN
hassl-883	28	12	context	context	NOUN
hassl-883	28	13	,	,	PUNCT
hassl-883	28	14	where	where	SCONJ
hassl-883	28	15	foreign	foreign	ADJ
hassl-883	28	16	investors	investor	NOUN
hassl-883	28	17	suffer	suffer	VERB
hassl-883	28	18	from	from	ADP
hassl-883	28	19	additional	additional	ADJ
hassl-883	28	20	costs	cost	NOUN
hassl-883	28	21	in	in	ADP
hassl-883	28	22	vc	vc	PROPN
hassl-883	28	23	investments	investment	NOUN
hassl-883	28	24	due	due	ADP
hassl-883	28	25	to	to	ADP
hassl-883	28	26	the	the	DET
hassl-883	28	27	knowledge	knowledge	NOUN
hassl-883	28	28	and	and	CCONJ
hassl-883	28	29	network	network	NOUN
hassl-883	28	30	disadvantage	disadvantage	NOUN
hassl-883	28	31	in	in	ADP
hassl-883	28	32	the	the	DET
hassl-883	28	33	host	host	NOUN
hassl-883	28	34	country	country	NOUN
hassl-883	28	35	(	(	PUNCT
hassl-883	28	36	lu	lu	PROPN
hassl-883	28	37	&	&	CCONJ
hassl-883	28	38	hwang	hwang	PROPN
hassl-883	28	39	,	,	PUNCT
hassl-883	28	40	2010	2010	NUM
hassl-883	28	41	)	)	PUNCT
hassl-883	28	42	.	.	PUNCT
hassl-883	29	1	the	the	DET
hassl-883	29	2	interview	interview	NOUN
hassl-883	29	3	that	that	SCONJ
hassl-883	29	4	the	the	DET
hassl-883	29	5	authors	author	NOUN
hassl-883	29	6	had	have	VERB
hassl-883	29	7	with	with	ADP
hassl-883	29	8	the	the	DET
hassl-883	29	9	manager	manager	NOUN
hassl-883	29	10	of	of	ADP
hassl-883	29	11	the	the	DET
hassl-883	29	12	cvc	cvc	NOUN
hassl-883	29	13	unit	unit	NOUN
hassl-883	29	14	of	of	ADP
hassl-883	29	15	a	a	DET
hassl-883	29	16	korean	korean	ADJ
hassl-883	29	17	corporation	corporation	NOUN
hassl-883	29	18	illustrates	illustrate	VERB
hassl-883	29	19	such	such	ADJ
hassl-883	29	20	liability	liability	NOUN
hassl-883	29	21	of	of	ADP
hassl-883	29	22	foreignness	foreignness	NOUN
hassl-883	29	23	in	in	ADP
hassl-883	29	24	early	early	ADJ
hassl-883	29	25	-	-	PUNCT
hassl-883	29	26	stage	stage	NOUN
hassl-883	29	27	cvc	cvc	NOUN
hassl-883	29	28	investments	investment	NOUN
hassl-883	29	29	:	:	PUNCT
hassl-883	29	30	“	"	PUNCT
hassl-883	29	31	it	it	PRON
hassl-883	29	32	is	be	AUX
hassl-883	29	33	really	really	ADV
hassl-883	29	34	hard	hard	ADJ
hassl-883	29	35	to	to	PART
hassl-883	29	36	identify	identify	VERB
hassl-883	29	37	promising	promise	VERB
hassl-883	29	38	ventures	venture	NOUN
hassl-883	29	39	in	in	ADP
hassl-883	29	40	the	the	DET
hassl-883	29	41	early	early	ADJ
hassl-883	29	42	stage	stage	NOUN
hassl-883	29	43	in	in	ADP
hassl-883	29	44	silicon	silicon	NOUN
hassl-883	29	45	valley	valley	NOUN
hassl-883	29	46	when	when	SCONJ
hassl-883	29	47	we	we	PRON
hassl-883	29	48	are	be	AUX
hassl-883	29	49	sitting	sit	VERB
hassl-883	29	50	here	here	ADV
hassl-883	29	51	in	in	ADP
hassl-883	29	52	korea	korea	PROPN
hassl-883	29	53	.	.	PUNCT
hassl-883	30	1	and	and	CCONJ
hassl-883	30	2	even	even	ADV
hassl-883	30	3	if	if	SCONJ
hassl-883	30	4	we	we	PRON
hassl-883	30	5	identify	identify	VERB
hassl-883	30	6	a	a	DET
hassl-883	30	7	suitable	suitable	ADJ
hassl-883	30	8	target	target	NOUN
hassl-883	30	9	,	,	PUNCT
hassl-883	30	10	it	it	PRON
hassl-883	30	11	is	be	AUX
hassl-883	30	12	hard	hard	ADJ
hassl-883	30	13	to	to	PART
hassl-883	30	14	convince	convince	VERB
hassl-883	30	15	the	the	DET
hassl-883	30	16	business	business	NOUN
hassl-883	30	17	unit	unit	NOUN
hassl-883	30	18	of	of	ADP
hassl-883	30	19	the	the	DET
hassl-883	30	20	benefits	benefit	NOUN
hassl-883	30	21	of	of	ADP
hassl-883	30	22	such	such	ADJ
hassl-883	30	23	investment	investment	NOUN
hassl-883	30	24	,	,	PUNCT
hassl-883	30	25	and	and	CCONJ
hassl-883	30	26	even	even	ADV
hassl-883	30	27	harder	hard	ADJ
hassl-883	30	28	to	to	PART
hassl-883	30	29	build	build	VERB
hassl-883	30	30	a	a	DET
hassl-883	30	31	successful	successful	ADJ
hassl-883	30	32	relationship	relationship	NOUN
hassl-883	30	33	with	with	ADP
hassl-883	30	34	the	the	DET
hassl-883	30	35	venture	venture	NOUN
hassl-883	30	36	and	and	CCONJ
hassl-883	30	37	create	create	VERB
hassl-883	30	38	synergy	synergy	NOUN
hassl-883	30	39	because	because	SCONJ
hassl-883	30	40	our	our	PRON
hassl-883	30	41	core	core	NOUN
hassl-883	30	42	business	business	NOUN
hassl-883	30	43	operation	operation	NOUN
hassl-883	30	44	is	be	AUX
hassl-883	30	45	based	base	VERB
hassl-883	30	46	here	here	ADV
hassl-883	30	47	in	in	ADP
hassl-883	30	48	korea	korea	PROPN
hassl-883	30	49	.	.	PUNCT
hassl-883	30	50	”	"	PUNCT
hassl-883	31	1	in	in	ADP
hassl-883	31	2	this	this	DET
hassl-883	31	3	study	study	NOUN
hassl-883	31	4	,	,	PUNCT
hassl-883	31	5	we	we	PRON
hassl-883	31	6	investigate	investigate	VERB
hassl-883	31	7	how	how	SCONJ
hassl-883	31	8	firms	firm	NOUN
hassl-883	31	9	can	can	AUX
hassl-883	31	10	mitigate	mitigate	VERB
hassl-883	31	11	the	the	DET
hassl-883	31	12	liability	liability	NOUN
hassl-883	31	13	of	of	ADP
hassl-883	31	14	foreignness	foreignness	NOUN
hassl-883	31	15	in	in	ADP
hassl-883	31	16	early	early	ADJ
hassl-883	31	17	-	-	PUNCT
hassl-883	31	18	stage	stage	NOUN
hassl-883	31	19	cvc	cvc	NOUN
hassl-883	31	20	investments	investment	NOUN
hassl-883	31	21	.	.	PUNCT
hassl-883	32	1	specifically	specifically	ADV
hassl-883	32	2	,	,	PUNCT
hassl-883	32	3	we	we	PRON
hassl-883	32	4	examine	examine	VERB
hassl-883	32	5	whether	whether	SCONJ
hassl-883	32	6	the	the	DET
hassl-883	32	7	liability	liability	NOUN
hassl-883	32	8	of	of	ADP
hassl-883	32	9	foreignness	foreignness	NOUN
hassl-883	32	10	can	can	AUX
hassl-883	32	11	be	be	AUX
hassl-883	32	12	overcome	overcome	VERB
hassl-883	32	13	by	by	ADP
hassl-883	32	14	non	non	ADJ
hassl-883	32	15	-	-	ADJ
hassl-883	32	16	u.s	u.s	PROPN
hassl-883	32	17	.	.	PROPN
hassl-883	32	18	firms	firm	NOUN
hassl-883	32	19	through	through	ADP
hassl-883	32	20	the	the	DET
hassl-883	32	21	means	mean	NOUN
hassl-883	32	22	of	of	ADP
hassl-883	32	23	establishing	establish	VERB
hassl-883	32	24	a	a	DET
hassl-883	32	25	local	local	ADJ
hassl-883	32	26	cvc	cvc	NOUN
hassl-883	32	27	unit	unit	NOUN
hassl-883	32	28	in	in	ADP
hassl-883	32	29	the	the	DET
hassl-883	32	30	u.s	u.s	PROPN
hassl-883	32	31	.	.	PROPN
hassl-883	32	32	and	and	CCONJ
hassl-883	32	33	how	how	SCONJ
hassl-883	32	34	this	this	DET
hassl-883	32	35	effect	effect	NOUN
hassl-883	32	36	is	be	AUX
hassl-883	32	37	moderated	moderate	VERB
hassl-883	32	38	by	by	ADP
hassl-883	32	39	the	the	DET
hassl-883	32	40	intellectual	intellectual	ADJ
hassl-883	32	41	property	property	NOUN
hassl-883	32	42	protection	protection	NOUN
hassl-883	32	43	(	(	PUNCT
hassl-883	32	44	ipp	ipp	PROPN
hassl-883	32	45	)	)	PUNCT
hassl-883	32	46	regime	regime	NOUN
hassl-883	32	47	of	of	ADP
hassl-883	32	48	the	the	DET
hassl-883	32	49	target	target	NOUN
hassl-883	32	50	venture	venture	NOUN
hassl-883	32	51	.	.	PUNCT
hassl-883	33	1	to	to	PART
hassl-883	33	2	test	test	VERB
hassl-883	33	3	the	the	DET
hassl-883	33	4	hypothesis	hypothesis	NOUN
hassl-883	33	5	,	,	PUNCT
hassl-883	33	6	we	we	PRON
hassl-883	33	7	collected	collect	VERB
hassl-883	33	8	information	information	NOUN
hassl-883	33	9	about	about	ADP
hassl-883	33	10	2,171	2,171	NUM
hassl-883	33	11	cvc	cvc	NOUN
hassl-883	33	12	investments	investment	NOUN
hassl-883	33	13	in	in	ADP
hassl-883	33	14	the	the	DET
hassl-883	33	15	u.s	u.s	PROPN
hassl-883	33	16	.	.	PROPN
hassl-883	33	17	between	between	ADP
hassl-883	33	18	2001	2001	NUM
hassl-883	33	19	and	and	CCONJ
hassl-883	33	20	2010	2010	NUM
hassl-883	33	21	.	.	PUNCT
hassl-883	34	1	we	we	PRON
hassl-883	34	2	found	find	VERB
hassl-883	34	3	that	that	SCONJ
hassl-883	34	4	establishing	establish	VERB
hassl-883	34	5	a	a	DET
hassl-883	34	6	local	local	ADJ
hassl-883	34	7	cvc	cvc	NOUN
hassl-883	34	8	unit	unit	NOUN
hassl-883	34	9	facilitates	facilitate	VERB
hassl-883	34	10	early	early	ADJ
hassl-883	34	11	-	-	PUNCT
hassl-883	34	12	stage	stage	NOUN
hassl-883	34	13	cross	cross	NOUN
hassl-883	34	14	border	border	NOUN
hassl-883	34	15	cvc	cvc	NOUN
hassl-883	34	16	investments	investment	NOUN
hassl-883	34	17	and	and	CCONJ
hassl-883	34	18	that	that	SCONJ
hassl-883	34	19	this	this	DET
hassl-883	34	20	relationship	relationship	NOUN
hassl-883	34	21	is	be	AUX
hassl-883	34	22	enhanced	enhance	VERB
hassl-883	34	23	when	when	SCONJ
hassl-883	34	24	the	the	DET
hassl-883	34	25	venture	venture	NOUN
hassl-883	34	26	is	be	AUX
hassl-883	34	27	under	under	ADP
hassl-883	34	28	a	a	DET
hassl-883	34	29	strong	strong	ADJ
hassl-883	34	30	ipp	ipp	NOUN
hassl-883	34	31	regime	regime	NOUN
hassl-883	34	32	.	.	PUNCT
hassl-883	35	1	this	this	DET
hassl-883	35	2	article	article	NOUN
hassl-883	35	3	is	be	AUX
hassl-883	35	4	structured	structure	VERB
hassl-883	35	5	as	as	SCONJ
hassl-883	35	6	follows	follow	VERB
hassl-883	35	7	.	.	PUNCT
hassl-883	36	1	in	in	ADP
hassl-883	36	2	section	section	NOUN
hassl-883	36	3	two	two	NUM
hassl-883	36	4	,	,	PUNCT
hassl-883	36	5	we	we	PRON
hassl-883	36	6	briefly	briefly	ADV
hassl-883	36	7	review	review	VERB
hassl-883	36	8	the	the	DET
hassl-883	36	9	literature	literature	NOUN
hassl-883	36	10	on	on	ADP
hassl-883	36	11	cvc	cvc	NOUN
hassl-883	36	12	investments	investment	NOUN
hassl-883	36	13	from	from	ADP
hassl-883	36	14	the	the	DET
hassl-883	36	15	perspective	perspective	NOUN
hassl-883	36	16	of	of	ADP
hassl-883	36	17	investors	investor	NOUN
hassl-883	36	18	(	(	PUNCT
hassl-883	36	19	i.e.	i.e.	X
hassl-883	36	20	,	,	PUNCT
hassl-883	36	21	established	establish	VERB
hassl-883	36	22	firms	firm	NOUN
hassl-883	36	23	)	)	PUNCT
hassl-883	36	24	and	and	CCONJ
hassl-883	36	25	investees	investee	NOUN
hassl-883	36	26	(	(	PUNCT
hassl-883	36	27	i.e.	i.e.	X
hassl-883	36	28	,	,	PUNCT
hassl-883	36	29	ventures	venture	NOUN
hassl-883	36	30	)	)	PUNCT
hassl-883	36	31	.	.	PUNCT
hassl-883	37	1	in	in	ADP
hassl-883	37	2	section	section	NOUN
hassl-883	37	3	three	three	NUM
hassl-883	37	4	,	,	PUNCT
hassl-883	37	5	we	we	PRON
hassl-883	37	6	build	build	VERB
hassl-883	37	7	up	up	ADP
hassl-883	37	8	hypotheses	hypothesis	NOUN
hassl-883	37	9	based	base	VERB
hassl-883	37	10	on	on	ADP
hassl-883	37	11	the	the	DET
hassl-883	37	12	liability	liability	NOUN
hassl-883	37	13	of	of	ADP
hassl-883	37	14	foreignness	foreignness	NOUN
hassl-883	37	15	that	that	SCONJ
hassl-883	37	16	foreign	foreign	ADJ
hassl-883	37	17	investors	investor	NOUN
hassl-883	37	18	experience	experience	VERB
hassl-883	37	19	and	and	CCONJ
hassl-883	37	20	its	its	PRON
hassl-883	37	21	effect	effect	NOUN
hassl-883	37	22	on	on	ADP
hassl-883	37	23	the	the	DET
hassl-883	37	24	risks	risk	NOUN
hassl-883	37	25	of	of	ADP
hassl-883	37	26	early	early	ADJ
hassl-883	37	27	-	-	PUNCT
hassl-883	37	28	stage	stage	NOUN
hassl-883	37	29	cvc	cvc	NOUN
hassl-883	37	30	investment	investment	NOUN
hassl-883	37	31	.	.	PUNCT
hassl-883	38	1	then	then	ADV
hassl-883	38	2	we	we	PRON
hassl-883	38	3	move	move	VERB
hassl-883	38	4	on	on	ADP
hassl-883	38	5	to	to	ADP
hassl-883	38	6	the	the	DET
hassl-883	38	7	methodology	methodology	NOUN
hassl-883	38	8	and	and	CCONJ
hassl-883	38	9	the	the	DET
hassl-883	38	10	results	result	NOUN
hassl-883	38	11	of	of	ADP
hassl-883	38	12	the	the	DET
hassl-883	38	13	empirical	empirical	ADJ
hassl-883	38	14	analysis	analysis	NOUN
hassl-883	38	15	.	.	PUNCT
hassl-883	39	1	we	we	PRON
hassl-883	39	2	close	close	VERB
hassl-883	39	3	with	with	ADP
hassl-883	39	4	a	a	DET
hassl-883	39	5	discussion	discussion	NOUN
hassl-883	39	6	at	at	ADP
hassl-883	39	7	the	the	DET
hassl-883	39	8	end	end	NOUN
hassl-883	39	9	.	.	PUNCT
hassl-883	40	1	2	2	X
hassl-883	40	2	.	.	X
hassl-883	40	3	literature	literature	NOUN
hassl-883	40	4	review	review	VERB
hassl-883	40	5	external	external	ADJ
hassl-883	40	6	corporate	corporate	ADJ
hassl-883	40	7	venturing	venturing	NOUN
hassl-883	40	8	refers	refer	VERB
hassl-883	40	9	to	to	ADP
hassl-883	40	10	the	the	DET
hassl-883	40	11	creation	creation	NOUN
hassl-883	40	12	of	of	ADP
hassl-883	40	13	a	a	DET
hassl-883	40	14	new	new	ADJ
hassl-883	40	15	business	business	NOUN
hassl-883	40	16	activity	activity	NOUN
hassl-883	40	17	through	through	ADP
hassl-883	40	18	various	various	ADJ
hassl-883	40	19	governance	governance	NOUN
hassl-883	40	20	modes	mode	NOUN
hassl-883	40	21	,	,	PUNCT
hassl-883	40	22	such	such	ADJ
hassl-883	40	23	as	as	ADP
hassl-883	40	24	cvc	cvc	NOUN
hassl-883	40	25	investment	investment	NOUN
hassl-883	40	26	,	,	PUNCT
hassl-883	40	27	alliance	alliance	NOUN
hassl-883	40	28	,	,	PUNCT
hassl-883	40	29	and	and	CCONJ
hassl-883	40	30	acquisition	acquisition	NOUN
hassl-883	40	31	(	(	PUNCT
hassl-883	40	32	sharma	sharma	PROPN
hassl-883	40	33	&	&	CCONJ
hassl-883	40	34	chrisman	chrisman	PROPN
hassl-883	40	35	,	,	PUNCT
hassl-883	40	36	1999	1999	NUM
hassl-883	40	37	)	)	PUNCT
hassl-883	40	38	.	.	PUNCT
hassl-883	41	1	established	establish	VERB
hassl-883	41	2	large	large	ADJ
hassl-883	41	3	corporations	corporation	NOUN
hassl-883	41	4	employ	employ	VERB
hassl-883	41	5	these	these	DET
hassl-883	41	6	modes	mode	NOUN
hassl-883	41	7	to	to	PART
hassl-883	41	8	explore	explore	VERB
hassl-883	41	9	new	new	ADJ
hassl-883	41	10	capabilities	capability	NOUN
hassl-883	41	11	and	and	CCONJ
hassl-883	41	12	to	to	PART
hassl-883	41	13	exploit	exploit	VERB
hassl-883	41	14	existing	exist	VERB
hassl-883	41	15	capabilities	capability	NOUN
hassl-883	41	16	.	.	PUNCT
hassl-883	42	1	achieving	achieve	VERB
hassl-883	42	2	a	a	DET
hassl-883	42	3	balance	balance	NOUN
hassl-883	42	4	between	between	ADP
hassl-883	42	5	the	the	DET
hassl-883	42	6	two	two	NUM
hassl-883	42	7	is	be	AUX
hassl-883	42	8	critical	critical	ADJ
hassl-883	42	9	for	for	ADP
hassl-883	42	10	sustainable	sustainable	ADJ
hassl-883	42	11	growth	growth	NOUN
hassl-883	42	12	and	and	CCONJ
hassl-883	42	13	survival	survival	NOUN
hassl-883	42	14	(	(	PUNCT
hassl-883	42	15	arzubiaga	arzubiaga	PROPN
hassl-883	42	16	et	et	PROPN
hassl-883	42	17	al	al	PROPN
hassl-883	42	18	.	.	PROPN
hassl-883	42	19	,	,	PUNCT
hassl-883	42	20	2020	2020	NUM
hassl-883	42	21	;	;	PUNCT
hassl-883	42	22	he	he	PRON
hassl-883	42	23	&	&	CCONJ
hassl-883	42	24	wong	wong	PROPN
hassl-883	42	25	,	,	PUNCT
hassl-883	42	26	2004	2004	NUM
hassl-883	42	27	;	;	PUNCT
hassl-883	42	28	kang	kang	PROPN
hassl-883	42	29	&	&	CCONJ
hassl-883	42	30	hwang	hwang	PROPN
hassl-883	42	31	,	,	PUNCT
hassl-883	42	32	2019	2019	NUM
hassl-883	42	33	;	;	PUNCT
hassl-883	42	34	march	march	PROPN
hassl-883	42	35	,	,	PUNCT
hassl-883	42	36	1991	1991	NUM
hassl-883	42	37	)	)	PUNCT
hassl-883	42	38	.	.	PUNCT
hassl-883	43	1	recently	recently	ADV
hassl-883	43	2	,	,	PUNCT
hassl-883	43	3	an	an	DET
hassl-883	43	4	increasing	increase	VERB
hassl-883	43	5	number	number	NOUN
hassl-883	43	6	of	of	ADP
hassl-883	43	7	firms	firm	NOUN
hassl-883	43	8	have	have	AUX
hassl-883	43	9	adopted	adopt	VERB
hassl-883	43	10	cvc	cvc	NOUN
hassl-883	43	11	investment	investment	NOUN
hassl-883	43	12	practice	practice	NOUN
hassl-883	43	13	as	as	ADP
hassl-883	43	14	a	a	DET
hassl-883	43	15	tool	tool	NOUN
hassl-883	43	16	for	for	ADP
hassl-883	43	17	open	open	ADJ
hassl-883	43	18	innovation	innovation	NOUN
hassl-883	43	19	(	(	PUNCT
hassl-883	43	20	ma	ma	PROPN
hassl-883	43	21	,	,	PUNCT
hassl-883	43	22	2020	2020	NUM
hassl-883	43	23	;	;	PUNCT
hassl-883	43	24	pinkow	pinkow	PROPN
hassl-883	43	25	&	&	CCONJ
hassl-883	43	26	iversen	iversen	PROPN
hassl-883	43	27	,	,	PUNCT
hassl-883	43	28	2020	2020	NUM
hassl-883	43	29	)	)	PUNCT
hassl-883	43	30	.	.	PUNCT
hassl-883	44	1	cvc	cvc	NOUN
hassl-883	44	2	investment	investment	NOUN
hassl-883	44	3	is	be	AUX
hassl-883	44	4	similar	similar	ADJ
hassl-883	44	5	to	to	ADP
hassl-883	44	6	forming	form	VERB
hassl-883	44	7	an	an	DET
hassl-883	44	8	alliance	alliance	NOUN
hassl-883	44	9	with	with	ADP
hassl-883	44	10	a	a	DET
hassl-883	44	11	direct	direct	ADJ
hassl-883	44	12	minority	minority	NOUN
hassl-883	44	13	equity	equity	NOUN
hassl-883	44	14	investment	investment	NOUN
hassl-883	44	15	in	in	ADP
hassl-883	44	16	that	that	PRON
hassl-883	44	17	a	a	DET
hassl-883	44	18	firm	firm	NOUN
hassl-883	44	19	acquires	acquire	VERB
hassl-883	44	20	a	a	DET
hassl-883	44	21	portion	portion	NOUN
hassl-883	44	22	of	of	ADP
hassl-883	44	23	its	its	PRON
hassl-883	44	24	partner‟s	partner‟s	NOUN
hassl-883	44	25	equity	equity	NOUN
hassl-883	44	26	in	in	ADP
hassl-883	44	27	exchange	exchange	NOUN
hassl-883	44	28	for	for	ADP
hassl-883	44	29	utilizing	utilize	VERB
hassl-883	44	30	the	the	DET
hassl-883	44	31	partner‟s	partner‟s	NOUN
hassl-883	44	32	resources	resource	NOUN
hassl-883	44	33	.	.	PUNCT
hassl-883	45	1	what	what	PRON
hassl-883	45	2	sets	set	VERB
hassl-883	45	3	cvc	cvc	NOUN
hassl-883	45	4	investment	investment	NOUN
hassl-883	45	5	apart	apart	ADV
hassl-883	45	6	,	,	PUNCT
hassl-883	45	7	however	however	ADV
hassl-883	45	8	,	,	PUNCT
hassl-883	45	9	is	be	AUX
hassl-883	45	10	that	that	SCONJ
hassl-883	45	11	the	the	DET
hassl-883	45	12	firm	firm	NOUN
hassl-883	45	13	participates	participate	VERB
hassl-883	45	14	in	in	ADP
hassl-883	45	15	the	the	DET
hassl-883	45	16	fundraising	fundraising	NOUN
hassl-883	45	17	process	process	NOUN
hassl-883	45	18	of	of	ADP
hassl-883	45	19	a	a	DET
hassl-883	45	20	privately	privately	ADV
hassl-883	45	21	held	hold	VERB
hassl-883	45	22	venture	venture	NOUN
hassl-883	45	23	,	,	PUNCT
hassl-883	45	24	which	which	PRON
hassl-883	45	25	seeks	seek	VERB
hassl-883	45	26	capital	capital	NOUN
hassl-883	45	27	to	to	PART
hassl-883	45	28	continue	continue	VERB
hassl-883	45	29	its	its	PRON
hassl-883	45	30	operation	operation	NOUN
hassl-883	45	31	and	and	CCONJ
hassl-883	45	32	growth	growth	NOUN
hassl-883	45	33	.	.	PUNCT
hassl-883	46	1	2.1	2.1	NUM
hassl-883	46	2	.	.	PUNCT
hassl-883	46	3	benefits	benefit	NOUN
hassl-883	46	4	of	of	ADP
hassl-883	46	5	cvc	cvc	NOUN
hassl-883	46	6	investment	investment	NOUN
hassl-883	46	7	prior	prior	ADJ
hassl-883	46	8	research	research	NOUN
hassl-883	46	9	suggests	suggest	VERB
hassl-883	46	10	three	three	NUM
hassl-883	46	11	benefits	benefit	NOUN
hassl-883	46	12	of	of	ADP
hassl-883	46	13	cvc	cvc	NOUN
hassl-883	46	14	investment	investment	NOUN
hassl-883	46	15	for	for	ADP
hassl-883	46	16	established	establish	VERB
hassl-883	46	17	firms	firm	NOUN
hassl-883	46	18	.	.	PUNCT
hassl-883	47	1	first	first	ADV
hassl-883	47	2	,	,	PUNCT
hassl-883	47	3	cvc	cvc	NOUN
hassl-883	47	4	investment	investment	NOUN
hassl-883	47	5	enhances	enhance	VERB
hassl-883	47	6	the	the	DET
hassl-883	47	7	r&d	r&d	NOUN
hassl-883	47	8	productivity	productivity	NOUN
hassl-883	47	9	of	of	ADP
hassl-883	47	10	the	the	DET
hassl-883	47	11	established	establish	VERB
hassl-883	47	12	firm	firm	NOUN
hassl-883	47	13	by	by	ADP
hassl-883	47	14	facilitating	facilitate	VERB
hassl-883	47	15	its	its	PRON
hassl-883	47	16	interaction	interaction	NOUN
hassl-883	47	17	with	with	ADP
hassl-883	47	18	ventures	venture	NOUN
hassl-883	47	19	(	(	PUNCT
hassl-883	47	20	wadhwa	wadhwa	PROPN
hassl-883	47	21	&	&	CCONJ
hassl-883	47	22	kotha	kotha	PROPN
hassl-883	47	23	,	,	PUNCT
hassl-883	47	24	2006	2006	NUM
hassl-883	47	25	;	;	PUNCT
hassl-883	47	26	wadhwa	wadhwa	PROPN
hassl-883	47	27	.	.	PUNCT
hassl-883	47	28	,	,	PUNCT
hassl-883	47	29	phelps	phelps	PROPN
hassl-883	47	30	,	,	PUNCT
hassl-883	47	31	&	&	CCONJ
hassl-883	47	32	kotha	kotha	PROPN
hassl-883	47	33	,	,	PUNCT
hassl-883	47	34	2016	2016	NUM
hassl-883	47	35	)	)	PUNCT
hassl-883	47	36	.	.	PUNCT
hassl-883	48	1	second	second	ADV
hassl-883	48	2	,	,	PUNCT
hassl-883	48	3	cvc	cvc	NOUN
hassl-883	48	4	investment	investment	NOUN
hassl-883	48	5	may	may	AUX
hassl-883	48	6	guide	guide	VERB
hassl-883	48	7	a	a	DET
hassl-883	48	8	firm‟s	firm‟s	NOUN
hassl-883	48	9	top	top	NOUN
hassl-883	48	10	management‟s	management‟s	ADJ
hassl-883	48	11	attention	attention	NOUN
hassl-883	48	12	to	to	ADP
hassl-883	48	13	discontinuous	discontinuous	ADJ
hassl-883	48	14	technological	technological	ADJ
hassl-883	48	15	change	change	NOUN
hassl-883	48	16	(	(	PUNCT
hassl-883	48	17	maula	maula	PROPN
hassl-883	48	18	et	et	PROPN
hassl-883	48	19	al	al	PROPN
hassl-883	48	20	.	.	PROPN
hassl-883	48	21	,	,	PUNCT
hassl-883	48	22	2013	2013	NUM
hassl-883	48	23	)	)	PUNCT
hassl-883	48	24	.	.	PUNCT
hassl-883	49	1	third	third	ADJ
hassl-883	49	2	,	,	PUNCT
hassl-883	49	3	cvc	cvc	NOUN
hassl-883	49	4	investment	investment	NOUN
hassl-883	49	5	is	be	AUX
hassl-883	49	6	a	a	DET
hassl-883	49	7	form	form	NOUN
hassl-883	49	8	of	of	ADP
hassl-883	49	9	the	the	DET
hassl-883	49	10	real	real	ADJ
hassl-883	49	11	option	option	NOUN
hassl-883	49	12	that	that	PRON
hassl-883	49	13	established	establish	VERB
hassl-883	49	14	firms	firm	NOUN
hassl-883	49	15	can	can	AUX
hassl-883	49	16	exercise	exercise	VERB
hassl-883	49	17	when	when	SCONJ
hassl-883	49	18	technological	technological	ADJ
hassl-883	49	19	uncertainty	uncertainty	NOUN
hassl-883	49	20	is	be	AUX
hassl-883	49	21	reduced	reduce	VERB
hassl-883	49	22	(	(	PUNCT
hassl-883	49	23	ceccagnoli	ceccagnoli	PROPN
hassl-883	49	24	,	,	PUNCT
hassl-883	49	25	higgins	higgins	PROPN
hassl-883	49	26	,	,	PUNCT
hassl-883	49	27	&	&	CCONJ
hassl-883	49	28	kang	kang	PROPN
hassl-883	49	29	,	,	PUNCT
hassl-883	49	30	2018	2018	NUM
hassl-883	49	31	)	)	PUNCT
hassl-883	49	32	.	.	PUNCT
hassl-883	50	1	prior	prior	ADJ
hassl-883	50	2	literature	literature	PROPN
hassl-883	50	3	also	also	ADV
hassl-883	50	4	highlights	highlight	VERB
hassl-883	50	5	the	the	DET
hassl-883	50	6	benefits	benefit	NOUN
hassl-883	50	7	of	of	ADP
hassl-883	50	8	cvc	cvc	NOUN
hassl-883	50	9	investment	investment	NOUN
hassl-883	50	10	for	for	ADP
hassl-883	50	11	ventures	venture	NOUN
hassl-883	50	12	.	.	PUNCT
hassl-883	51	1	first	first	ADV
hassl-883	51	2	,	,	PUNCT
hassl-883	51	3	cvcs	cvcs	PROPN
hassl-883	51	4	are	be	AUX
hassl-883	51	5	rich	rich	ADJ
hassl-883	51	6	sources	source	NOUN
hassl-883	51	7	of	of	ADP
hassl-883	51	8	capital	capital	NOUN
hassl-883	51	9	.	.	PUNCT
hassl-883	52	1	unlike	unlike	ADP
hassl-883	52	2	conventional	conventional	ADJ
hassl-883	52	3	vcs	vcs	PROPN
hassl-883	52	4	,	,	PUNCT
hassl-883	52	5	cvcs	cvcs	PROPN
hassl-883	52	6	are	be	AUX
hassl-883	52	7	not	not	PART
hassl-883	52	8	under	under	ADP
hassl-883	52	9	the	the	DET
hassl-883	52	10	external	external	ADJ
hassl-883	52	11	portfolio	portfolio	NOUN
hassl-883	52	12	pressure	pressure	NOUN
hassl-883	52	13	of	of	ADP
hassl-883	52	14	maximizing	maximize	VERB
hassl-883	52	15	overall	overall	ADJ
hassl-883	52	16	financial	financial	ADJ
hassl-883	52	17	return	return	NOUN
hassl-883	52	18	(	(	PUNCT
hassl-883	52	19	katila	katila	PROPN
hassl-883	52	20	,	,	PUNCT
hassl-883	52	21	rosenberger	rosenberger	PROPN
hassl-883	52	22	,	,	PUNCT
hassl-883	52	23	&	&	CCONJ
hassl-883	52	24	eisenhardt	eisenhardt	PROPN
hassl-883	52	25	,	,	PUNCT
hassl-883	52	26	2008	2008	NUM
hassl-883	52	27	)	)	PUNCT
hassl-883	52	28	.	.	PUNCT
hassl-883	53	1	second	second	ADV
hassl-883	53	2	,	,	PUNCT
hassl-883	53	3	established	establish	VERB
hassl-883	53	4	firms	firm	NOUN
hassl-883	53	5	have	have	VERB
hassl-883	53	6	various	various	ADJ
hassl-883	53	7	complementary	complementary	ADJ
hassl-883	53	8	resources	resource	NOUN
hassl-883	53	9	for	for	ADP
hassl-883	53	10	the	the	DET
hassl-883	53	11	commercialization	commercialization	NOUN
hassl-883	53	12	of	of	ADP
hassl-883	53	13	ventures‟	ventures‟	X
hassl-883	53	14	technological	technological	ADJ
hassl-883	53	15	inventions	invention	NOUN
hassl-883	53	16	(	(	PUNCT
hassl-883	53	17	basu	basu	PROPN
hassl-883	53	18	,	,	PUNCT
hassl-883	53	19	phelps	phelps	PROPN
hassl-883	53	20	,	,	PUNCT
hassl-883	53	21	&	&	CCONJ
hassl-883	53	22	kotha	kotha	PROPN
hassl-883	53	23	,	,	PUNCT
hassl-883	53	24	2011	2011	NUM
hassl-883	53	25	)	)	PUNCT
hassl-883	53	26	.	.	PUNCT
hassl-883	54	1	third	third	ADJ
hassl-883	54	2	,	,	PUNCT
hassl-883	54	3	cvc	cvc	NOUN
hassl-883	54	4	investments	investment	NOUN
hassl-883	54	5	provide	provide	VERB
hassl-883	54	6	ventures	venture	NOUN
hassl-883	54	7	with	with	ADP
hassl-883	54	8	not	not	PART
hassl-883	54	9	only	only	ADV
hassl-883	54	10	the	the	DET
hassl-883	54	11	needed	need	VERB
hassl-883	54	12	resources	resource	NOUN
hassl-883	54	13	but	but	CCONJ
hassl-883	54	14	also	also	ADV
hassl-883	54	15	a	a	DET
hassl-883	54	16	positive	positive	ADJ
hassl-883	54	17	signal	signal	NOUN
hassl-883	54	18	of	of	ADP
hassl-883	54	19	the	the	DET
hassl-883	54	20	venture‟s	venture‟s	NOUN
hassl-883	54	21	humanities	humanity	NOUN
hassl-883	54	22	and	and	CCONJ
hassl-883	54	23	social	social	ADJ
hassl-883	54	24	sciences	science	NOUN
hassl-883	54	25	letters	letter	NOUN
hassl-883	54	26	,	,	PUNCT
hassl-883	54	27	2021	2021	NUM
hassl-883	54	28	,	,	PUNCT
hassl-883	54	29	9(1	9(1	NUM
hassl-883	54	30	):	):	PUNCT
hassl-883	54	31	72	72	NUM
hassl-883	54	32	-	-	SYM
hassl-883	54	33	85	85	NUM
hassl-883	54	34	74	74	NUM
hassl-883	54	35	©	©	PROPN
hassl-883	54	36	2021	2021	NUM
hassl-883	54	37	conscientia	conscientia	PROPN
hassl-883	54	38	beam	beam	PROPN
hassl-883	54	39	.	.	PUNCT
hassl-883	55	1	all	all	DET
hassl-883	55	2	rights	right	NOUN
hassl-883	55	3	reserved	reserve	VERB
hassl-883	55	4	.	.	PUNCT
hassl-883	56	1	quality	quality	NOUN
hassl-883	56	2	(	(	PUNCT
hassl-883	56	3	stuart	stuart	PROPN
hassl-883	56	4	,	,	PUNCT
hassl-883	56	5	1999	1999	NUM
hassl-883	56	6	)	)	PUNCT
hassl-883	56	7	.	.	PUNCT
hassl-883	57	1	for	for	ADP
hassl-883	57	2	instance	instance	NOUN
hassl-883	57	3	,	,	PUNCT
hassl-883	57	4	if	if	SCONJ
hassl-883	57	5	a	a	DET
hassl-883	57	6	venture	venture	NOUN
hassl-883	57	7	is	be	AUX
hassl-883	57	8	funded	fund	VERB
hassl-883	57	9	by	by	ADP
hassl-883	57	10	intel	intel	PROPN
hassl-883	57	11	capital	capital	NOUN
hassl-883	57	12	,	,	PUNCT
hassl-883	57	13	other	other	ADJ
hassl-883	57	14	investors	investor	NOUN
hassl-883	57	15	may	may	AUX
hassl-883	57	16	infer	infer	VERB
hassl-883	57	17	that	that	SCONJ
hassl-883	57	18	the	the	DET
hassl-883	57	19	venture	venture	NOUN
hassl-883	57	20	has	have	AUX
hassl-883	57	21	achieved	achieve	VERB
hassl-883	57	22	the	the	DET
hassl-883	57	23	technological	technological	ADJ
hassl-883	57	24	level	level	NOUN
hassl-883	57	25	required	require	VERB
hassl-883	57	26	by	by	ADP
hassl-883	57	27	intel	intel	PROPN
hassl-883	57	28	.	.	PUNCT
hassl-883	58	1	2.2	2.2	NUM
hassl-883	58	2	.	.	PUNCT
hassl-883	59	1	early	early	ADJ
hassl-883	59	2	-	-	PUNCT
hassl-883	59	3	stage	stage	NOUN
hassl-883	59	4	cvc	cvc	NOUN
hassl-883	59	5	investments	investment	NOUN
hassl-883	59	6	investing	invest	VERB
hassl-883	59	7	in	in	ADP
hassl-883	59	8	early	early	ADJ
hassl-883	59	9	-	-	PUNCT
hassl-883	59	10	stage	stage	NOUN
hassl-883	59	11	ventures	venture	NOUN
hassl-883	59	12	is	be	AUX
hassl-883	59	13	particularly	particularly	ADV
hassl-883	59	14	beneficial	beneficial	ADJ
hassl-883	59	15	to	to	ADP
hassl-883	59	16	established	establish	VERB
hassl-883	59	17	firms	firm	NOUN
hassl-883	59	18	.	.	PUNCT
hassl-883	60	1	first	first	ADV
hassl-883	60	2	,	,	PUNCT
hassl-883	60	3	the	the	DET
hassl-883	60	4	established	establish	VERB
hassl-883	60	5	firms	firm	NOUN
hassl-883	60	6	are	be	AUX
hassl-883	60	7	in	in	ADP
hassl-883	60	8	a	a	DET
hassl-883	60	9	better	well	ADJ
hassl-883	60	10	position	position	NOUN
hassl-883	60	11	to	to	ADP
hassl-883	60	12	access	access	NOUN
hassl-883	60	13	and	and	CCONJ
hassl-883	60	14	appropriate	appropriate	ADJ
hassl-883	60	15	technology	technology	NOUN
hassl-883	60	16	from	from	ADP
hassl-883	60	17	the	the	DET
hassl-883	60	18	ventures	venture	NOUN
hassl-883	60	19	in	in	ADP
hassl-883	60	20	the	the	DET
hassl-883	60	21	early	early	ADJ
hassl-883	60	22	stage	stage	NOUN
hassl-883	60	23	.	.	PUNCT
hassl-883	61	1	on	on	ADP
hassl-883	61	2	the	the	DET
hassl-883	61	3	other	other	ADJ
hassl-883	61	4	hand	hand	NOUN
hassl-883	61	5	,	,	PUNCT
hassl-883	61	6	the	the	DET
hassl-883	61	7	technology	technology	NOUN
hassl-883	61	8	of	of	ADP
hassl-883	61	9	ventures	venture	NOUN
hassl-883	61	10	in	in	ADP
hassl-883	61	11	later	later	ADJ
hassl-883	61	12	stages	stage	NOUN
hassl-883	61	13	is	be	AUX
hassl-883	61	14	more	more	ADV
hassl-883	61	15	difficult	difficult	ADJ
hassl-883	61	16	to	to	PART
hassl-883	61	17	be	be	AUX
hassl-883	61	18	transferred	transfer	VERB
hassl-883	61	19	because	because	SCONJ
hassl-883	61	20	it	it	PRON
hassl-883	61	21	is	be	AUX
hassl-883	61	22	already	already	ADV
hassl-883	61	23	fully	fully	ADV
hassl-883	61	24	embodied	embody	VERB
hassl-883	61	25	in	in	ADP
hassl-883	61	26	a	a	DET
hassl-883	61	27	product	product	NOUN
hassl-883	61	28	(	(	PUNCT
hassl-883	61	29	katila	katila	NOUN
hassl-883	61	30	et	et	PROPN
hassl-883	61	31	al	al	PROPN
hassl-883	61	32	.	.	PROPN
hassl-883	61	33	,	,	PUNCT
hassl-883	61	34	2008	2008	NUM
hassl-883	61	35	)	)	PUNCT
hassl-883	61	36	.	.	PUNCT
hassl-883	62	1	second	second	ADV
hassl-883	62	2	,	,	PUNCT
hassl-883	62	3	the	the	DET
hassl-883	62	4	established	establish	VERB
hassl-883	62	5	firm	firm	NOUN
hassl-883	62	6	may	may	AUX
hassl-883	62	7	find	find	VERB
hassl-883	62	8	it	it	PRON
hassl-883	62	9	difficult	difficult	ADJ
hassl-883	62	10	to	to	PART
hassl-883	62	11	control	control	VERB
hassl-883	62	12	the	the	DET
hassl-883	62	13	strategic	strategic	ADJ
hassl-883	62	14	agenda	agenda	NOUN
hassl-883	62	15	of	of	ADP
hassl-883	62	16	the	the	DET
hassl-883	62	17	venture	venture	NOUN
hassl-883	62	18	in	in	ADP
hassl-883	62	19	later	later	ADJ
hassl-883	62	20	stages	stage	NOUN
hassl-883	62	21	,	,	PUNCT
hassl-883	62	22	because	because	SCONJ
hassl-883	62	23	the	the	DET
hassl-883	62	24	products	product	NOUN
hassl-883	62	25	and	and	CCONJ
hassl-883	62	26	strategies	strategy	NOUN
hassl-883	62	27	are	be	AUX
hassl-883	62	28	fully	fully	ADV
hassl-883	62	29	developed	develop	VERB
hassl-883	62	30	.	.	PUNCT
hassl-883	63	1	this	this	PRON
hassl-883	63	2	is	be	AUX
hassl-883	63	3	important	important	ADJ
hassl-883	63	4	because	because	SCONJ
hassl-883	63	5	the	the	DET
hassl-883	63	6	established	establish	VERB
hassl-883	63	7	firm	firm	NOUN
hassl-883	63	8	will	will	AUX
hassl-883	63	9	want	want	VERB
hassl-883	63	10	to	to	PART
hassl-883	63	11	influence	influence	VERB
hassl-883	63	12	the	the	DET
hassl-883	63	13	product	product	NOUN
hassl-883	63	14	development	development	NOUN
hassl-883	63	15	strategy	strategy	NOUN
hassl-883	63	16	of	of	ADP
hassl-883	63	17	its	its	PRON
hassl-883	63	18	portfolio	portfolio	NOUN
hassl-883	63	19	ventures	venture	NOUN
hassl-883	63	20	,	,	PUNCT
hassl-883	63	21	so	so	SCONJ
hassl-883	63	22	that	that	SCONJ
hassl-883	63	23	the	the	DET
hassl-883	63	24	products	product	NOUN
hassl-883	63	25	or	or	CCONJ
hassl-883	63	26	services	service	NOUN
hassl-883	63	27	are	be	AUX
hassl-883	63	28	complementary	complementary	ADJ
hassl-883	63	29	to	to	ADP
hassl-883	63	30	the	the	DET
hassl-883	63	31	established	establish	VERB
hassl-883	63	32	firm‟s	firm‟s	NOUN
hassl-883	63	33	business	business	NOUN
hassl-883	63	34	.	.	PUNCT
hassl-883	64	1	third	third	ADJ
hassl-883	64	2	,	,	PUNCT
hassl-883	64	3	early	early	ADJ
hassl-883	64	4	-	-	PUNCT
hassl-883	64	5	stage	stage	NOUN
hassl-883	64	6	cvc	cvc	NOUN
hassl-883	64	7	investment	investment	NOUN
hassl-883	64	8	helps	help	VERB
hassl-883	64	9	the	the	DET
hassl-883	64	10	established	establish	VERB
hassl-883	64	11	firm	firm	NOUN
hassl-883	64	12	assess	assess	VERB
hassl-883	64	13	the	the	DET
hassl-883	64	14	„	„	PUNCT
hassl-883	64	15	true‟	true‟	NOUN
hassl-883	64	16	value	value	NOUN
hassl-883	64	17	of	of	ADP
hassl-883	64	18	an	an	DET
hassl-883	64	19	acquisition	acquisition	NOUN
hassl-883	64	20	target	target	NOUN
hassl-883	64	21	because	because	SCONJ
hassl-883	64	22	the	the	DET
hassl-883	64	23	assets	asset	NOUN
hassl-883	64	24	of	of	ADP
hassl-883	64	25	the	the	DET
hassl-883	64	26	venture	venture	NOUN
hassl-883	64	27	are	be	AUX
hassl-883	64	28	all	all	ADV
hassl-883	64	29	intangible	intangible	ADJ
hassl-883	64	30	(	(	PUNCT
hassl-883	64	31	benson	benson	PROPN
hassl-883	64	32	&	&	CCONJ
hassl-883	64	33	ziedonis	ziedonis	PROPN
hassl-883	64	34	,	,	PUNCT
hassl-883	64	35	2009	2009	NUM
hassl-883	64	36	)	)	PUNCT
hassl-883	64	37	.	.	PUNCT
hassl-883	65	1	fourth	fourth	ADV
hassl-883	65	2	,	,	PUNCT
hassl-883	65	3	considering	consider	VERB
hassl-883	65	4	cvc	cvc	NOUN
hassl-883	65	5	investment	investment	NOUN
hassl-883	65	6	as	as	ADP
hassl-883	65	7	a	a	DET
hassl-883	65	8	real	real	ADJ
hassl-883	65	9	option	option	NOUN
hassl-883	65	10	,	,	PUNCT
hassl-883	65	11	early	early	ADJ
hassl-883	65	12	-	-	PUNCT
hassl-883	65	13	stage	stage	NOUN
hassl-883	65	14	investments	investment	NOUN
hassl-883	65	15	have	have	VERB
hassl-883	65	16	greater	great	ADJ
hassl-883	65	17	value	value	NOUN
hassl-883	65	18	than	than	ADP
hassl-883	65	19	later	later	ADJ
hassl-883	65	20	-	-	PUNCT
hassl-883	65	21	stage	stage	NOUN
hassl-883	65	22	investments	investment	NOUN
hassl-883	65	23	because	because	SCONJ
hassl-883	65	24	of	of	ADP
hassl-883	65	25	the	the	DET
hassl-883	65	26	high	high	ADJ
hassl-883	65	27	levels	level	NOUN
hassl-883	65	28	of	of	ADP
hassl-883	65	29	uncertainty	uncertainty	NOUN
hassl-883	65	30	in	in	ADP
hassl-883	65	31	early	early	ADJ
hassl-883	65	32	-	-	PUNCT
hassl-883	65	33	stage	stage	NOUN
hassl-883	65	34	ventures	venture	NOUN
hassl-883	65	35	(	(	PUNCT
hassl-883	65	36	mcgrath	mcgrath	PROPN
hassl-883	65	37	,	,	PUNCT
hassl-883	65	38	1997	1997	NUM
hassl-883	65	39	)	)	PUNCT
hassl-883	65	40	.	.	PUNCT
hassl-883	66	1	early	early	ADJ
hassl-883	66	2	-	-	PUNCT
hassl-883	66	3	stage	stage	NOUN
hassl-883	66	4	cvc	cvc	NOUN
hassl-883	66	5	investments	investment	NOUN
hassl-883	66	6	may	may	AUX
hassl-883	66	7	be	be	AUX
hassl-883	66	8	beneficial	beneficial	ADJ
hassl-883	66	9	not	not	PART
hassl-883	66	10	only	only	ADV
hassl-883	66	11	to	to	ADP
hassl-883	66	12	established	establish	VERB
hassl-883	66	13	firms	firm	NOUN
hassl-883	66	14	but	but	CCONJ
hassl-883	66	15	also	also	ADV
hassl-883	66	16	to	to	ADP
hassl-883	66	17	new	new	ADJ
hassl-883	66	18	ventures	venture	NOUN
hassl-883	66	19	.	.	PUNCT
hassl-883	67	1	ventures	venture	NOUN
hassl-883	67	2	can	can	AUX
hassl-883	67	3	preempt	preempt	VERB
hassl-883	67	4	the	the	DET
hassl-883	67	5	complementary	complementary	ADJ
hassl-883	67	6	assets	asset	NOUN
hassl-883	67	7	of	of	ADP
hassl-883	67	8	an	an	DET
hassl-883	67	9	established	establish	VERB
hassl-883	67	10	firm	firm	NOUN
hassl-883	67	11	by	by	ADP
hassl-883	67	12	forming	form	VERB
hassl-883	67	13	a	a	DET
hassl-883	67	14	tie	tie	NOUN
hassl-883	67	15	with	with	ADP
hassl-883	67	16	the	the	DET
hassl-883	67	17	firm	firm	NOUN
hassl-883	67	18	in	in	ADP
hassl-883	67	19	an	an	DET
hassl-883	67	20	early	early	ADJ
hassl-883	67	21	stage	stage	NOUN
hassl-883	67	22	.	.	PUNCT
hassl-883	68	1	this	this	DET
hassl-883	68	2	preemption	preemption	NOUN
hassl-883	68	3	is	be	AUX
hassl-883	68	4	particularly	particularly	ADV
hassl-883	68	5	effective	effective	ADJ
hassl-883	68	6	if	if	SCONJ
hassl-883	68	7	the	the	DET
hassl-883	68	8	required	require	VERB
hassl-883	68	9	complementary	complementary	ADJ
hassl-883	68	10	assets	asset	NOUN
hassl-883	68	11	are	be	AUX
hassl-883	68	12	specialized	specialized	ADJ
hassl-883	68	13	(	(	PUNCT
hassl-883	68	14	park	park	NOUN
hassl-883	68	15	&	&	CCONJ
hassl-883	68	16	steensma	steensma	PROPN
hassl-883	68	17	,	,	PUNCT
hassl-883	68	18	2012	2012	NUM
hassl-883	68	19	)	)	PUNCT
hassl-883	68	20	or	or	CCONJ
hassl-883	68	21	if	if	SCONJ
hassl-883	68	22	the	the	DET
hassl-883	68	23	assets	asset	NOUN
hassl-883	68	24	are	be	AUX
hassl-883	68	25	critical	critical	ADJ
hassl-883	68	26	for	for	ADP
hassl-883	68	27	commercialization	commercialization	NOUN
hassl-883	68	28	(	(	PUNCT
hassl-883	68	29	alvarez	alvarez	PROPN
hassl-883	68	30	-	-	PUNCT
hassl-883	68	31	garrido	garrido	PROPN
hassl-883	68	32	&	&	CCONJ
hassl-883	68	33	dushnitsky	dushnitsky	PROPN
hassl-883	68	34	,	,	PUNCT
hassl-883	68	35	2016	2016	NUM
hassl-883	68	36	)	)	PUNCT
hassl-883	68	37	.	.	PUNCT
hassl-883	69	1	despite	despite	SCONJ
hassl-883	69	2	such	such	ADJ
hassl-883	69	3	benefits	benefit	NOUN
hassl-883	69	4	,	,	PUNCT
hassl-883	69	5	early	early	ADJ
hassl-883	69	6	-	-	PUNCT
hassl-883	69	7	stage	stage	NOUN
hassl-883	69	8	cvc	cvc	NOUN
hassl-883	69	9	investments	investment	NOUN
hassl-883	69	10	are	be	AUX
hassl-883	69	11	less	less	ADV
hassl-883	69	12	likely	likely	ADJ
hassl-883	69	13	to	to	PART
hassl-883	69	14	be	be	AUX
hassl-883	69	15	carried	carry	VERB
hassl-883	69	16	out	out	ADP
hassl-883	69	17	compared	compare	VERB
hassl-883	69	18	to	to	ADP
hassl-883	69	19	later	later	ADJ
hassl-883	69	20	-	-	PUNCT
hassl-883	69	21	stage	stage	NOUN
hassl-883	69	22	cvc	cvc	NOUN
hassl-883	69	23	investments	investment	NOUN
hassl-883	69	24	,	,	PUNCT
hassl-883	69	25	because	because	SCONJ
hassl-883	69	26	,	,	PUNCT
hassl-883	69	27	unlike	unlike	ADP
hassl-883	69	28	later	later	ADJ
hassl-883	69	29	-	-	PUNCT
hassl-883	69	30	stage	stage	NOUN
hassl-883	69	31	cvc	cvc	NOUN
hassl-883	69	32	investments	investment	NOUN
hassl-883	69	33	,	,	PUNCT
hassl-883	69	34	early	early	ADJ
hassl-883	69	35	-	-	PUNCT
hassl-883	69	36	stage	stage	NOUN
hassl-883	69	37	cvc	cvc	NOUN
hassl-883	69	38	investments	investment	NOUN
hassl-883	69	39	are	be	AUX
hassl-883	69	40	associated	associate	VERB
hassl-883	69	41	with	with	ADP
hassl-883	69	42	a	a	DET
hassl-883	69	43	high	high	ADJ
hassl-883	69	44	level	level	NOUN
hassl-883	69	45	of	of	ADP
hassl-883	69	46	risk	risk	NOUN
hassl-883	69	47	for	for	ADP
hassl-883	69	48	both	both	DET
hassl-883	69	49	parties	party	NOUN
hassl-883	69	50	(	(	PUNCT
hassl-883	69	51	katila	katila	PROPN
hassl-883	69	52	et	et	PROPN
hassl-883	69	53	al	al	PROPN
hassl-883	69	54	.	.	PROPN
hassl-883	69	55	,	,	PUNCT
hassl-883	69	56	2008	2008	NUM
hassl-883	69	57	)	)	PUNCT
hassl-883	69	58	.	.	PUNCT
hassl-883	70	1	specifically	specifically	ADV
hassl-883	70	2	,	,	PUNCT
hassl-883	70	3	there	there	PRON
hassl-883	70	4	are	be	VERB
hassl-883	70	5	two	two	NUM
hassl-883	70	6	types	type	NOUN
hassl-883	70	7	of	of	ADP
hassl-883	70	8	risks	risk	NOUN
hassl-883	70	9	involved	involve	VERB
hassl-883	70	10	:	:	PUNCT
hassl-883	70	11	the	the	DET
hassl-883	70	12	adverse	adverse	ADJ
hassl-883	70	13	selection	selection	NOUN
hassl-883	70	14	risk	risk	NOUN
hassl-883	70	15	for	for	ADP
hassl-883	70	16	corporate	corporate	ADJ
hassl-883	70	17	investors	investor	NOUN
hassl-883	70	18	and	and	CCONJ
hassl-883	70	19	the	the	DET
hassl-883	70	20	imitation	imitation	NOUN
hassl-883	70	21	risk	risk	NOUN
hassl-883	70	22	for	for	ADP
hassl-883	70	23	ventures	venture	NOUN
hassl-883	70	24	.	.	PUNCT
hassl-883	71	1	the	the	DET
hassl-883	71	2	former	former	ADJ
hassl-883	71	3	is	be	AUX
hassl-883	71	4	the	the	DET
hassl-883	71	5	risk	risk	NOUN
hassl-883	71	6	that	that	SCONJ
hassl-883	71	7	the	the	DET
hassl-883	71	8	corporate	corporate	ADJ
hassl-883	71	9	investor	investor	NOUN
hassl-883	71	10	will	will	AUX
hassl-883	71	11	select	select	VERB
hassl-883	71	12	a	a	DET
hassl-883	71	13	venture	venture	NOUN
hassl-883	71	14	with	with	ADP
hassl-883	71	15	limited	limited	ADJ
hassl-883	71	16	innovation	innovation	NOUN
hassl-883	71	17	potential	potential	NOUN
hassl-883	71	18	(	(	PUNCT
hassl-883	71	19	dushnitsky	dushnitsky	ADJ
hassl-883	71	20	.	.	PUNCT
hassl-883	71	21	&	&	CCONJ
hassl-883	71	22	lenox	lenox	PROPN
hassl-883	71	23	,	,	PUNCT
hassl-883	71	24	2005a	2005a	NUM
hassl-883	71	25	)	)	PUNCT
hassl-883	71	26	.	.	PUNCT
hassl-883	72	1	the	the	DET
hassl-883	72	2	latter	latter	ADJ
hassl-883	72	3	is	be	AUX
hassl-883	72	4	the	the	DET
hassl-883	72	5	risk	risk	NOUN
hassl-883	72	6	that	that	SCONJ
hassl-883	72	7	the	the	DET
hassl-883	72	8	technological	technological	ADJ
hassl-883	72	9	invention	invention	NOUN
hassl-883	72	10	of	of	ADP
hassl-883	72	11	the	the	DET
hassl-883	72	12	venture	venture	NOUN
hassl-883	72	13	will	will	AUX
hassl-883	72	14	be	be	AUX
hassl-883	72	15	imitated	imitate	VERB
hassl-883	72	16	by	by	ADP
hassl-883	72	17	the	the	DET
hassl-883	72	18	corporate	corporate	ADJ
hassl-883	72	19	investor	investor	NOUN
hassl-883	72	20	(	(	PUNCT
hassl-883	72	21	dushnitsky	dushnitsky	PROPN
hassl-883	72	22	&	&	CCONJ
hassl-883	72	23	shaver	shaver	PROPN
hassl-883	72	24	,	,	PUNCT
hassl-883	72	25	2009	2009	NUM
hassl-883	72	26	;	;	PUNCT
hassl-883	72	27	sears	sears	PROPN
hassl-883	72	28	,	,	PUNCT
hassl-883	72	29	mcleod	mcleod	PROPN
hassl-883	72	30	,	,	PUNCT
hassl-883	72	31	evert	evert	PROPN
hassl-883	72	32	,	,	PUNCT
hassl-883	72	33	&	&	CCONJ
hassl-883	72	34	payne	payne	PROPN
hassl-883	72	35	,	,	PUNCT
hassl-883	72	36	2020	2020	NUM
hassl-883	72	37	)	)	PUNCT
hassl-883	72	38	.	.	PUNCT
hassl-883	73	1	the	the	DET
hassl-883	73	2	adverse	adverse	ADJ
hassl-883	73	3	selection	selection	NOUN
hassl-883	73	4	risk	risk	NOUN
hassl-883	73	5	is	be	AUX
hassl-883	73	6	created	create	VERB
hassl-883	73	7	by	by	ADP
hassl-883	73	8	the	the	DET
hassl-883	73	9	presence	presence	NOUN
hassl-883	73	10	of	of	ADP
hassl-883	73	11	information	information	NOUN
hassl-883	73	12	asymmetry	asymmetry	NOUN
hassl-883	73	13	between	between	ADP
hassl-883	73	14	ventures	venture	NOUN
hassl-883	73	15	and	and	CCONJ
hassl-883	73	16	their	their	PRON
hassl-883	73	17	corporate	corporate	ADJ
hassl-883	73	18	investors	investor	NOUN
hassl-883	73	19	.	.	PUNCT
hassl-883	74	1	information	information	NOUN
hassl-883	74	2	asymmetry	asymmetry	NOUN
hassl-883	74	3	exists	exist	VERB
hassl-883	74	4	because	because	SCONJ
hassl-883	74	5	it	it	PRON
hassl-883	74	6	is	be	AUX
hassl-883	74	7	the	the	DET
hassl-883	74	8	venture	venture	NOUN
hassl-883	74	9	,	,	PUNCT
hassl-883	74	10	and	and	CCONJ
hassl-883	74	11	not	not	PART
hassl-883	74	12	the	the	DET
hassl-883	74	13	investor	investor	NOUN
hassl-883	74	14	,	,	PUNCT
hassl-883	74	15	that	that	PRON
hassl-883	74	16	possesses	possess	VERB
hassl-883	74	17	the	the	DET
hassl-883	74	18	information	information	NOUN
hassl-883	74	19	about	about	ADP
hassl-883	74	20	the	the	DET
hassl-883	74	21	technological	technological	ADJ
hassl-883	74	22	innovation	innovation	NOUN
hassl-883	74	23	(	(	PUNCT
hassl-883	74	24	shane	shane	NOUN
hassl-883	74	25	,	,	PUNCT
hassl-883	74	26	2000	2000	NUM
hassl-883	74	27	)	)	PUNCT
hassl-883	74	28	.	.	PUNCT
hassl-883	75	1	in	in	ADP
hassl-883	75	2	particular	particular	ADJ
hassl-883	75	3	,	,	PUNCT
hassl-883	75	4	early	early	ADJ
hassl-883	75	5	-	-	PUNCT
hassl-883	75	6	stage	stage	NOUN
hassl-883	75	7	ventures	venture	NOUN
hassl-883	75	8	do	do	AUX
hassl-883	75	9	not	not	PART
hassl-883	75	10	have	have	VERB
hassl-883	75	11	tangible	tangible	ADJ
hassl-883	75	12	products	product	NOUN
hassl-883	75	13	or	or	CCONJ
hassl-883	75	14	services	service	NOUN
hassl-883	75	15	,	,	PUNCT
hassl-883	75	16	but	but	CCONJ
hassl-883	75	17	only	only	ADV
hassl-883	75	18	prototypes	prototype	NOUN
hassl-883	75	19	or	or	CCONJ
hassl-883	75	20	technological	technological	ADJ
hassl-883	75	21	outcomes	outcome	NOUN
hassl-883	75	22	.	.	PUNCT
hassl-883	76	1	hence	hence	ADV
hassl-883	76	2	,	,	PUNCT
hassl-883	76	3	the	the	DET
hassl-883	76	4	information	information	NOUN
hassl-883	76	5	asymmetry	asymmetry	NOUN
hassl-883	76	6	and	and	CCONJ
hassl-883	76	7	the	the	DET
hassl-883	76	8	adverse	adverse	ADJ
hassl-883	76	9	selection	selection	NOUN
hassl-883	76	10	risk	risk	NOUN
hassl-883	76	11	involved	involve	VERB
hassl-883	76	12	in	in	ADP
hassl-883	76	13	early	early	ADJ
hassl-883	76	14	-	-	PUNCT
hassl-883	76	15	stage	stage	NOUN
hassl-883	76	16	investments	investment	NOUN
hassl-883	76	17	are	be	AUX
hassl-883	76	18	greater	great	ADJ
hassl-883	76	19	than	than	ADP
hassl-883	76	20	later	later	ADJ
hassl-883	76	21	-	-	PUNCT
hassl-883	76	22	stage	stage	NOUN
hassl-883	76	23	ones	one	NOUN
hassl-883	76	24	.	.	PUNCT
hassl-883	77	1	the	the	DET
hassl-883	77	2	imitation	imitation	NOUN
hassl-883	77	3	risk	risk	NOUN
hassl-883	77	4	for	for	ADP
hassl-883	77	5	ventures	venture	NOUN
hassl-883	77	6	is	be	AUX
hassl-883	77	7	also	also	ADV
hassl-883	77	8	present	present	ADJ
hassl-883	77	9	in	in	ADP
hassl-883	77	10	early	early	ADJ
hassl-883	77	11	-	-	PUNCT
hassl-883	77	12	stage	stage	NOUN
hassl-883	77	13	investments	investment	NOUN
hassl-883	77	14	as	as	ADP
hassl-883	77	15	ventures	venture	NOUN
hassl-883	77	16	in	in	ADP
hassl-883	77	17	the	the	DET
hassl-883	77	18	early	early	ADJ
hassl-883	77	19	stage	stage	NOUN
hassl-883	77	20	are	be	AUX
hassl-883	77	21	vulnerable	vulnerable	ADJ
hassl-883	77	22	to	to	ADP
hassl-883	77	23	technology	technology	NOUN
hassl-883	77	24	leakage	leakage	NOUN
hassl-883	77	25	(	(	PUNCT
hassl-883	77	26	katila	katila	NOUN
hassl-883	77	27	et	et	PROPN
hassl-883	77	28	al	al	PROPN
hassl-883	77	29	.	.	PROPN
hassl-883	77	30	,	,	PUNCT
hassl-883	77	31	2008	2008	NUM
hassl-883	77	32	)	)	PUNCT
hassl-883	77	33	.	.	PUNCT
hassl-883	78	1	the	the	DET
hassl-883	78	2	technology	technology	NOUN
hassl-883	78	3	may	may	AUX
hassl-883	78	4	not	not	PART
hassl-883	78	5	yet	yet	ADV
hassl-883	78	6	have	have	AUX
hassl-883	78	7	been	be	AUX
hassl-883	78	8	fully	fully	ADV
hassl-883	78	9	developed	develop	VERB
hassl-883	78	10	and	and	CCONJ
hassl-883	78	11	embedded	embed	VERB
hassl-883	78	12	in	in	ADP
hassl-883	78	13	the	the	DET
hassl-883	78	14	product	product	NOUN
hassl-883	78	15	.	.	PUNCT
hassl-883	79	1	when	when	SCONJ
hassl-883	79	2	the	the	DET
hassl-883	79	3	technology	technology	NOUN
hassl-883	79	4	is	be	AUX
hassl-883	79	5	immature	immature	ADJ
hassl-883	79	6	,	,	PUNCT
hassl-883	79	7	corporate	corporate	ADJ
hassl-883	79	8	investors	investor	NOUN
hassl-883	79	9	may	may	AUX
hassl-883	79	10	imitate	imitate	VERB
hassl-883	79	11	it	it	PRON
hassl-883	79	12	via	via	ADP
hassl-883	79	13	various	various	ADJ
hassl-883	79	14	channels	channel	NOUN
hassl-883	79	15	(	(	PUNCT
hassl-883	79	16	dushnitsky	dushnitsky	PROPN
hassl-883	79	17	&	&	CCONJ
hassl-883	79	18	lenox	lenox	NOUN
hassl-883	79	19	,	,	PUNCT
hassl-883	79	20	2005b	2005b	NUM
hassl-883	79	21	)	)	PUNCT
hassl-883	79	22	.	.	PUNCT
hassl-883	80	1	3	3	X
hassl-883	80	2	.	.	X
hassl-883	80	3	hypotheses	hypothese	VERB
hassl-883	80	4	new	new	ADJ
hassl-883	80	5	ventures	venture	NOUN
hassl-883	80	6	are	be	AUX
hassl-883	80	7	an	an	DET
hassl-883	80	8	important	important	ADJ
hassl-883	80	9	source	source	NOUN
hassl-883	80	10	of	of	ADP
hassl-883	80	11	technological	technological	ADJ
hassl-883	80	12	innovation	innovation	NOUN
hassl-883	80	13	(	(	PUNCT
hassl-883	80	14	kortum	kortum	PROPN
hassl-883	80	15	&	&	CCONJ
hassl-883	80	16	lerner	lerner	PROPN
hassl-883	80	17	,	,	PUNCT
hassl-883	80	18	2000	2000	NUM
hassl-883	80	19	)	)	PUNCT
hassl-883	80	20	.	.	PUNCT
hassl-883	81	1	firms	firm	NOUN
hassl-883	81	2	outside	outside	ADP
hassl-883	81	3	the	the	DET
hassl-883	81	4	u.s	u.s	PROPN
hassl-883	81	5	.	.	PROPN
hassl-883	81	6	are	be	AUX
hassl-883	81	7	especially	especially	ADV
hassl-883	81	8	interested	interested	ADJ
hassl-883	81	9	in	in	ADP
hassl-883	81	10	investing	invest	VERB
hassl-883	81	11	in	in	ADP
hassl-883	81	12	ventures	venture	NOUN
hassl-883	81	13	in	in	ADP
hassl-883	81	14	the	the	DET
hassl-883	81	15	u.s	u.s	PROPN
hassl-883	81	16	.	.	PROPN
hassl-883	81	17	since	since	SCONJ
hassl-883	81	18	the	the	DET
hassl-883	81	19	u.s	u.s	PROPN
hassl-883	81	20	.	.	PROPN
hassl-883	81	21	is	be	AUX
hassl-883	81	22	the	the	DET
hassl-883	81	23	leading	lead	VERB
hassl-883	81	24	country	country	NOUN
hassl-883	81	25	in	in	ADP
hassl-883	81	26	emerging	emerge	VERB
hassl-883	81	27	technologies	technology	NOUN
hassl-883	81	28	(	(	PUNCT
hassl-883	81	29	chesbrough	chesbrough	NOUN
hassl-883	81	30	.	.	PROPN
hassl-883	81	31	,	,	PUNCT
hassl-883	81	32	2002	2002	NUM
hassl-883	81	33	;	;	PUNCT
hassl-883	81	34	hasegawa	hasegawa	PROPN
hassl-883	81	35	,	,	PUNCT
hassl-883	81	36	2011	2011	NUM
hassl-883	81	37	)	)	PUNCT
hassl-883	81	38	.	.	PUNCT
hassl-883	82	1	likewise	likewise	ADV
hassl-883	82	2	,	,	PUNCT
hassl-883	82	3	cross	cross	ADJ
hassl-883	82	4	-	-	ADJ
hassl-883	82	5	border	border	ADJ
hassl-883	82	6	cvc	cvc	NOUN
hassl-883	82	7	investment	investment	NOUN
hassl-883	82	8	is	be	AUX
hassl-883	82	9	also	also	ADV
hassl-883	82	10	beneficial	beneficial	ADJ
hassl-883	82	11	to	to	ADP
hassl-883	82	12	ventures	venture	NOUN
hassl-883	82	13	in	in	ADP
hassl-883	82	14	the	the	DET
hassl-883	82	15	u.s	u.s	PROPN
hassl-883	82	16	.	.	PROPN
hassl-883	82	17	because	because	SCONJ
hassl-883	82	18	it	it	PRON
hassl-883	82	19	facilitates	facilitate	VERB
hassl-883	82	20	internationalization	internationalization	NOUN
hassl-883	82	21	of	of	ADP
hassl-883	82	22	the	the	DET
hassl-883	82	23	venture	venture	NOUN
hassl-883	82	24	.	.	PUNCT
hassl-883	83	1	ventures	venture	NOUN
hassl-883	83	2	require	require	VERB
hassl-883	83	3	information	information	NOUN
hassl-883	83	4	,	,	PUNCT
hassl-883	83	5	knowledge	knowledge	NOUN
hassl-883	83	6	,	,	PUNCT
hassl-883	83	7	and	and	CCONJ
hassl-883	83	8	complementary	complementary	ADJ
hassl-883	83	9	assets	asset	NOUN
hassl-883	83	10	for	for	ADP
hassl-883	83	11	internationalization	internationalization	NOUN
hassl-883	83	12	.	.	PUNCT
hassl-883	84	1	they	they	PRON
hassl-883	84	2	can	can	AUX
hassl-883	84	3	secure	secure	VERB
hassl-883	84	4	the	the	DET
hassl-883	84	5	necessary	necessary	ADJ
hassl-883	84	6	resources	resource	NOUN
hassl-883	84	7	and	and	CCONJ
hassl-883	84	8	knowledge	knowledge	NOUN
hassl-883	84	9	by	by	ADP
hassl-883	84	10	forming	form	VERB
hassl-883	84	11	cvc	cvc	NOUN
hassl-883	84	12	investment	investment	NOUN
hassl-883	84	13	relationships	relationship	NOUN
hassl-883	84	14	with	with	ADP
hassl-883	84	15	foreign	foreign	ADJ
hassl-883	84	16	corporations	corporation	NOUN
hassl-883	84	17	(	(	PUNCT
hassl-883	84	18	lipuma	lipuma	NOUN
hassl-883	84	19	,	,	PUNCT
hassl-883	84	20	2006	2006	NUM
hassl-883	84	21	)	)	PUNCT
hassl-883	84	22	.	.	PUNCT
hassl-883	85	1	therefore	therefore	ADV
hassl-883	85	2	,	,	PUNCT
hassl-883	85	3	foreign	foreign	ADJ
hassl-883	85	4	firms	firm	NOUN
hassl-883	85	5	may	may	AUX
hassl-883	85	6	provide	provide	VERB
hassl-883	85	7	a	a	DET
hassl-883	85	8	higher	high	ADJ
hassl-883	85	9	ex	ex	NOUN
hassl-883	85	10	-	-	ADJ
hassl-883	85	11	post	post	ADJ
hassl-883	85	12	payoff	payoff	NOUN
hassl-883	85	13	to	to	ADP
hassl-883	85	14	u.s	u.s	PROPN
hassl-883	85	15	.	.	PROPN
hassl-883	85	16	ventures	venture	NOUN
hassl-883	85	17	than	than	ADP
hassl-883	85	18	u.s	u.s	PROPN
hassl-883	85	19	.	.	PROPN
hassl-883	85	20	firms	firm	NOUN
hassl-883	85	21	can	can	AUX
hassl-883	85	22	.	.	PUNCT
hassl-883	86	1	however	however	ADV
hassl-883	86	2	,	,	PUNCT
hassl-883	86	3	cross	cross	ADJ
hassl-883	86	4	-	-	ADJ
hassl-883	86	5	border	border	ADJ
hassl-883	86	6	cvc	cvc	NOUN
hassl-883	86	7	investments	investment	NOUN
hassl-883	86	8	of	of	ADP
hassl-883	86	9	established	establish	VERB
hassl-883	86	10	firms	firm	NOUN
hassl-883	86	11	suffer	suffer	VERB
hassl-883	86	12	from	from	ADP
hassl-883	86	13	the	the	DET
hassl-883	86	14	liability	liability	NOUN
hassl-883	86	15	of	of	ADP
hassl-883	86	16	foreignness	foreignness	NOUN
hassl-883	86	17	.	.	PUNCT
hassl-883	87	1	non	non	ADJ
hassl-883	87	2	-	-	ADJ
hassl-883	87	3	u.s	u.s	PROPN
hassl-883	87	4	.	.	PROPN
hassl-883	87	5	firms	firm	NOUN
hassl-883	87	6	claim	claim	VERB
hassl-883	87	7	that	that	SCONJ
hassl-883	87	8	they	they	PRON
hassl-883	87	9	have	have	VERB
hassl-883	87	10	difficulties	difficulty	NOUN
hassl-883	87	11	in	in	ADP
hassl-883	87	12	executing	execute	VERB
hassl-883	87	13	early	early	ADJ
hassl-883	87	14	-	-	PUNCT
hassl-883	87	15	stage	stage	NOUN
hassl-883	87	16	cvc	cvc	NOUN
hassl-883	87	17	investments	investment	NOUN
hassl-883	87	18	in	in	ADP
hassl-883	87	19	the	the	DET
hassl-883	87	20	u.s	u.s	PROPN
hassl-883	87	21	.	.	PROPN
hassl-883	87	22	(	(	PUNCT
hassl-883	87	23	hasegawa	hasegawa	PROPN
hassl-883	87	24	,	,	PUNCT
hassl-883	87	25	2011	2011	NUM
hassl-883	87	26	;	;	PUNCT
hassl-883	87	27	kang	kang	PROPN
hassl-883	87	28	&	&	CCONJ
hassl-883	87	29	hwang	hwang	PROPN
hassl-883	87	30	,	,	PUNCT
hassl-883	87	31	2019b	2019b	NUM
hassl-883	87	32	)	)	PUNCT
hassl-883	87	33	.	.	PUNCT
hassl-883	88	1	a	a	DET
hassl-883	88	2	cvc	cvc	NOUN
hassl-883	88	3	investment	investment	NOUN
hassl-883	88	4	relationship	relationship	NOUN
hassl-883	88	5	is	be	AUX
hassl-883	88	6	formed	form	VERB
hassl-883	88	7	when	when	SCONJ
hassl-883	88	8	the	the	DET
hassl-883	88	9	ex	ex	NOUN
hassl-883	88	10	-	-	ADJ
hassl-883	88	11	post	post	ADJ
hassl-883	88	12	payoff	payoff	NOUN
hassl-883	88	13	is	be	AUX
hassl-883	88	14	larger	large	ADJ
hassl-883	88	15	than	than	ADP
hassl-883	88	16	the	the	DET
hassl-883	88	17	ex	ex	NOUN
hassl-883	88	18	-	-	NOUN
hassl-883	88	19	ante	ante	ADJ
hassl-883	88	20	humanities	humanity	NOUN
hassl-883	88	21	and	and	CCONJ
hassl-883	88	22	social	social	ADJ
hassl-883	88	23	sciences	science	NOUN
hassl-883	88	24	letters	letter	NOUN
hassl-883	88	25	,	,	PUNCT
hassl-883	88	26	2021	2021	NUM
hassl-883	88	27	,	,	PUNCT
hassl-883	88	28	9(1	9(1	NUM
hassl-883	88	29	):	):	PUNCT
hassl-883	88	30	72	72	NUM
hassl-883	88	31	-	-	SYM
hassl-883	88	32	85	85	NUM
hassl-883	88	33	75	75	NUM
hassl-883	88	34	©	©	PROPN
hassl-883	88	35	2021	2021	NUM
hassl-883	88	36	conscientia	conscientia	PROPN
hassl-883	88	37	beam	beam	PROPN
hassl-883	88	38	.	.	PUNCT
hassl-883	89	1	all	all	DET
hassl-883	89	2	rights	right	NOUN
hassl-883	89	3	reserved	reserve	VERB
hassl-883	89	4	.	.	PUNCT
hassl-883	89	5	expected	expect	VERB
hassl-883	89	6	risk	risk	NOUN
hassl-883	89	7	.	.	PUNCT
hassl-883	90	1	thus	thus	ADV
hassl-883	90	2	,	,	PUNCT
hassl-883	90	3	if	if	SCONJ
hassl-883	90	4	the	the	DET
hassl-883	90	5	ex	ex	NOUN
hassl-883	90	6	-	-	NOUN
hassl-883	90	7	ante	ante	ADJ
hassl-883	90	8	risk	risk	NOUN
hassl-883	90	9	is	be	AUX
hassl-883	90	10	expected	expect	VERB
hassl-883	90	11	to	to	PART
hassl-883	90	12	be	be	AUX
hassl-883	90	13	large	large	ADJ
hassl-883	90	14	because	because	SCONJ
hassl-883	90	15	of	of	ADP
hassl-883	90	16	the	the	DET
hassl-883	90	17	liability	liability	NOUN
hassl-883	90	18	of	of	ADP
hassl-883	90	19	foreignness	foreignness	NOUN
hassl-883	90	20	,	,	PUNCT
hassl-883	90	21	cross	cross	ADJ
hassl-883	90	22	-	-	ADJ
hassl-883	90	23	border	border	ADJ
hassl-883	90	24	cvc	cvc	NOUN
hassl-883	90	25	investments	investment	NOUN
hassl-883	90	26	may	may	AUX
hassl-883	90	27	not	not	PART
hassl-883	90	28	be	be	AUX
hassl-883	90	29	realized	realize	VERB
hassl-883	90	30	.	.	PUNCT
hassl-883	91	1	the	the	DET
hassl-883	91	2	widely	widely	ADV
hassl-883	91	3	accepted	accept	VERB
hassl-883	91	4	definition	definition	NOUN
hassl-883	91	5	of	of	ADP
hassl-883	91	6	liability	liability	NOUN
hassl-883	91	7	of	of	ADP
hassl-883	91	8	foreignness	foreignness	NOUN
hassl-883	91	9	,	,	PUNCT
hassl-883	91	10	provided	provide	VERB
hassl-883	91	11	by	by	ADP
hassl-883	91	12	zaheer	zaheer	PROPN
hassl-883	91	13	(	(	PUNCT
hassl-883	91	14	1995	1995	NUM
hassl-883	91	15	)	)	PUNCT
hassl-883	91	16	,	,	PUNCT
hassl-883	91	17	is	be	AUX
hassl-883	91	18	“	"	PUNCT
hassl-883	91	19	all	all	DET
hassl-883	91	20	additional	additional	ADJ
hassl-883	91	21	costs	cost	VERB
hassl-883	91	22	a	a	DET
hassl-883	91	23	firm	firm	NOUN
hassl-883	91	24	operating	operate	VERB
hassl-883	91	25	in	in	ADP
hassl-883	91	26	a	a	DET
hassl-883	91	27	market	market	NOUN
hassl-883	91	28	overseas	overseas	ADV
hassl-883	91	29	incurs	incur	VERB
hassl-883	91	30	that	that	SCONJ
hassl-883	91	31	a	a	DET
hassl-883	91	32	local	local	ADJ
hassl-883	91	33	firm	firm	NOUN
hassl-883	91	34	would	would	AUX
hassl-883	91	35	not	not	PART
hassl-883	91	36	incur	incur	VERB
hassl-883	91	37	”	"	PUNCT
hassl-883	91	38	.	.	PUNCT
hassl-883	92	1	the	the	DET
hassl-883	92	2	additional	additional	ADJ
hassl-883	92	3	costs	cost	NOUN
hassl-883	92	4	arise	arise	VERB
hassl-883	92	5	mainly	mainly	ADV
hassl-883	92	6	from	from	ADP
hassl-883	92	7	foreign	foreign	ADJ
hassl-883	92	8	firms‟	firms‟	NOUN
hassl-883	92	9	difficulty	difficulty	NOUN
hassl-883	92	10	in	in	ADP
hassl-883	92	11	gathering	gather	VERB
hassl-883	92	12	informal	informal	ADJ
hassl-883	92	13	information	information	NOUN
hassl-883	92	14	from	from	ADP
hassl-883	92	15	a	a	DET
hassl-883	92	16	spatially	spatially	ADV
hassl-883	92	17	distant	distant	ADJ
hassl-883	92	18	location	location	NOUN
hassl-883	92	19	and	and	CCONJ
hassl-883	92	20	their	their	PRON
hassl-883	92	21	unfamiliarity	unfamiliarity	NOUN
hassl-883	92	22	with	with	ADP
hassl-883	92	23	and	and	CCONJ
hassl-883	92	24	lack	lack	NOUN
hassl-883	92	25	of	of	ADP
hassl-883	92	26	roots	root	NOUN
hassl-883	92	27	in	in	ADP
hassl-883	92	28	a	a	DET
hassl-883	92	29	local	local	ADJ
hassl-883	92	30	environment	environment	NOUN
hassl-883	92	31	(	(	PUNCT
hassl-883	92	32	zaheer	zaheer	PROPN
hassl-883	92	33	,	,	PUNCT
hassl-883	92	34	1995	1995	NUM
hassl-883	92	35	)	)	PUNCT
hassl-883	92	36	.	.	PUNCT
hassl-883	93	1	bell	bell	PROPN
hassl-883	93	2	,	,	PUNCT
hassl-883	93	3	filatotchev	filatotchev	ADJ
hassl-883	93	4	,	,	PUNCT
hassl-883	93	5	and	and	CCONJ
hassl-883	93	6	rasheed	rasheed	NOUN
hassl-883	93	7	(	(	PUNCT
hassl-883	93	8	2012	2012	NUM
hassl-883	93	9	)	)	PUNCT
hassl-883	93	10	elaborated	elaborate	VERB
hassl-883	93	11	this	this	DET
hassl-883	93	12	concept	concept	NOUN
hassl-883	93	13	and	and	CCONJ
hassl-883	93	14	proposed	propose	VERB
hassl-883	93	15	four	four	NUM
hassl-883	93	16	sources	source	NOUN
hassl-883	93	17	of	of	ADP
hassl-883	93	18	liability	liability	NOUN
hassl-883	93	19	of	of	ADP
hassl-883	93	20	foreignness	foreignness	NOUN
hassl-883	93	21	in	in	ADP
hassl-883	93	22	capital	capital	NOUN
hassl-883	93	23	markets	market	NOUN
hassl-883	93	24	,	,	PUNCT
hassl-883	93	25	including	include	VERB
hassl-883	93	26	the	the	DET
hassl-883	93	27	vc	vc	PROPN
hassl-883	93	28	market	market	NOUN
hassl-883	93	29	,	,	PUNCT
hassl-883	93	30	considering	consider	VERB
hassl-883	93	31	their	their	PRON
hassl-883	93	32	distinct	distinct	ADJ
hassl-883	93	33	characteristics	characteristic	NOUN
hassl-883	93	34	.	.	PUNCT
hassl-883	94	1	the	the	DET
hassl-883	94	2	four	four	NUM
hassl-883	94	3	sources	source	NOUN
hassl-883	94	4	,	,	PUNCT
hassl-883	94	5	or	or	CCONJ
hassl-883	94	6	antecedents	antecedent	NOUN
hassl-883	94	7	,	,	PUNCT
hassl-883	94	8	of	of	ADP
hassl-883	94	9	liability	liability	NOUN
hassl-883	94	10	of	of	ADP
hassl-883	94	11	foreignness	foreignness	NOUN
hassl-883	94	12	in	in	ADP
hassl-883	94	13	capital	capital	NOUN
hassl-883	94	14	markets	market	NOUN
hassl-883	94	15	are	be	AUX
hassl-883	94	16	information	information	NOUN
hassl-883	94	17	costs	cost	NOUN
hassl-883	94	18	,	,	PUNCT
hassl-883	94	19	unfamiliarity	unfamiliarity	NOUN
hassl-883	94	20	costs	cost	NOUN
hassl-883	94	21	,	,	PUNCT
hassl-883	94	22	institutional	institutional	ADJ
hassl-883	94	23	distance	distance	NOUN
hassl-883	94	24	,	,	PUNCT
hassl-883	94	25	and	and	CCONJ
hassl-883	94	26	cultural	cultural	ADJ
hassl-883	94	27	distance	distance	NOUN
hassl-883	94	28	(	(	PUNCT
hassl-883	94	29	bell	bell	NOUN
hassl-883	94	30	et	et	PROPN
hassl-883	94	31	al	al	PROPN
hassl-883	94	32	.	.	PROPN
hassl-883	94	33	,	,	PUNCT
hassl-883	94	34	2012	2012	NUM
hassl-883	94	35	)	)	PUNCT
hassl-883	94	36	.	.	PUNCT
hassl-883	95	1	the	the	DET
hassl-883	95	2	additional	additional	ADJ
hassl-883	95	3	information	information	NOUN
hassl-883	95	4	costs	cost	NOUN
hassl-883	95	5	and	and	CCONJ
hassl-883	95	6	unfamiliarity	unfamiliarity	NOUN
hassl-883	95	7	costs	cost	NOUN
hassl-883	95	8	that	that	SCONJ
hassl-883	95	9	foreign	foreign	ADJ
hassl-883	95	10	established	establish	VERB
hassl-883	95	11	firms	firm	NOUN
hassl-883	95	12	have	have	VERB
hassl-883	95	13	to	to	PART
hassl-883	95	14	bear	bear	VERB
hassl-883	95	15	raise	raise	VERB
hassl-883	95	16	the	the	DET
hassl-883	95	17	risk	risk	NOUN
hassl-883	95	18	of	of	ADP
hassl-883	95	19	adverse	adverse	ADJ
hassl-883	95	20	selection	selection	NOUN
hassl-883	95	21	in	in	ADP
hassl-883	95	22	early	early	ADJ
hassl-883	95	23	-	-	PUNCT
hassl-883	95	24	stage	stage	NOUN
hassl-883	95	25	cvc	cvc	NOUN
hassl-883	95	26	investments	investment	NOUN
hassl-883	95	27	.	.	PUNCT
hassl-883	96	1	bell	bell	NOUN
hassl-883	96	2	et	et	PROPN
hassl-883	96	3	al	al	PROPN
hassl-883	96	4	.	.	PROPN
hassl-883	97	1	(	(	PUNCT
hassl-883	97	2	2012	2012	NUM
hassl-883	97	3	)	)	PUNCT
hassl-883	97	4	note	note	VERB
hassl-883	97	5	that	that	SCONJ
hassl-883	97	6	local	local	ADJ
hassl-883	97	7	investors	investor	NOUN
hassl-883	97	8	have	have	VERB
hassl-883	97	9	a	a	DET
hassl-883	97	10	better	well	ADJ
hassl-883	97	11	network	network	NOUN
hassl-883	97	12	and	and	CCONJ
hassl-883	97	13	knowledge	knowledge	NOUN
hassl-883	97	14	about	about	ADP
hassl-883	97	15	domestic	domestic	ADJ
hassl-883	97	16	ventures	venture	NOUN
hassl-883	97	17	than	than	SCONJ
hassl-883	97	18	foreign	foreign	ADJ
hassl-883	97	19	investors	investor	NOUN
hassl-883	97	20	do	do	VERB
hassl-883	97	21	.	.	PUNCT
hassl-883	98	1	hence	hence	ADV
hassl-883	98	2	,	,	PUNCT
hassl-883	98	3	foreign	foreign	ADJ
hassl-883	98	4	firms	firm	NOUN
hassl-883	98	5	face	face	VERB
hassl-883	98	6	a	a	DET
hassl-883	98	7	higher	high	ADJ
hassl-883	98	8	barrier	barrier	NOUN
hassl-883	98	9	to	to	PART
hassl-883	98	10	access	access	VERB
hassl-883	98	11	information	information	NOUN
hassl-883	98	12	when	when	SCONJ
hassl-883	98	13	evaluating	evaluate	VERB
hassl-883	98	14	the	the	DET
hassl-883	98	15	assets	asset	NOUN
hassl-883	98	16	of	of	ADP
hassl-883	98	17	u.s	u.s	PROPN
hassl-883	98	18	.	.	PROPN
hassl-883	98	19	ventures	venture	NOUN
hassl-883	98	20	.	.	PUNCT
hassl-883	99	1	in	in	ADP
hassl-883	99	2	addition	addition	NOUN
hassl-883	99	3	,	,	PUNCT
hassl-883	99	4	foreign	foreign	ADJ
hassl-883	99	5	firms	firm	NOUN
hassl-883	99	6	also	also	ADV
hassl-883	99	7	experience	experience	VERB
hassl-883	99	8	unfamiliarity	unfamiliarity	NOUN
hassl-883	99	9	costs	cost	NOUN
hassl-883	99	10	,	,	PUNCT
hassl-883	99	11	which	which	PRON
hassl-883	99	12	stem	stem	VERB
hassl-883	99	13	from	from	ADP
hassl-883	99	14	a	a	DET
hassl-883	99	15	preference	preference	NOUN
hassl-883	99	16	for	for	ADP
hassl-883	99	17	corporate	corporate	ADJ
hassl-883	99	18	investors	investor	NOUN
hassl-883	99	19	that	that	PRON
hassl-883	99	20	are	be	AUX
hassl-883	99	21	relatively	relatively	ADV
hassl-883	99	22	more	more	ADV
hassl-883	99	23	familiar	familiar	ADJ
hassl-883	99	24	to	to	ADP
hassl-883	99	25	ventures	venture	NOUN
hassl-883	99	26	(	(	PUNCT
hassl-883	99	27	bell	bell	NOUN
hassl-883	99	28	et	et	PROPN
hassl-883	99	29	al	al	PROPN
hassl-883	99	30	.	.	PROPN
hassl-883	99	31	,	,	PUNCT
hassl-883	99	32	2012	2012	NUM
hassl-883	99	33	)	)	PUNCT
hassl-883	99	34	.	.	PUNCT
hassl-883	100	1	therefore	therefore	ADV
hassl-883	100	2	,	,	PUNCT
hassl-883	100	3	foreign	foreign	ADJ
hassl-883	100	4	firms	firm	NOUN
hassl-883	100	5	bear	bear	VERB
hassl-883	100	6	higher	high	ADJ
hassl-883	100	7	costs	cost	NOUN
hassl-883	100	8	in	in	ADP
hassl-883	100	9	identifying	identify	VERB
hassl-883	100	10	innovative	innovative	ADJ
hassl-883	100	11	ventures	venture	NOUN
hassl-883	100	12	in	in	ADP
hassl-883	100	13	the	the	DET
hassl-883	100	14	host	host	NOUN
hassl-883	100	15	country	country	NOUN
hassl-883	100	16	than	than	SCONJ
hassl-883	100	17	local	local	ADJ
hassl-883	100	18	firms	firm	NOUN
hassl-883	100	19	do	do	VERB
hassl-883	100	20	,	,	PUNCT
hassl-883	100	21	increasing	increase	VERB
hassl-883	100	22	the	the	DET
hassl-883	100	23	risk	risk	NOUN
hassl-883	100	24	of	of	ADP
hassl-883	100	25	adverse	adverse	ADJ
hassl-883	100	26	selection	selection	NOUN
hassl-883	100	27	.	.	PUNCT
hassl-883	101	1	in	in	ADP
hassl-883	101	2	the	the	DET
hassl-883	101	3	product	product	NOUN
hassl-883	101	4	market	market	NOUN
hassl-883	101	5	,	,	PUNCT
hassl-883	101	6	foreign	foreign	ADJ
hassl-883	101	7	firms	firm	NOUN
hassl-883	101	8	tend	tend	VERB
hassl-883	101	9	to	to	PART
hassl-883	101	10	establish	establish	VERB
hassl-883	101	11	wholly	wholly	ADV
hassl-883	101	12	-	-	PUNCT
hassl-883	101	13	owned	own	VERB
hassl-883	101	14	subsidiaries	subsidiary	NOUN
hassl-883	101	15	in	in	ADP
hassl-883	101	16	the	the	DET
hassl-883	101	17	host	host	NOUN
hassl-883	101	18	country	country	NOUN
hassl-883	101	19	to	to	PART
hassl-883	101	20	reduce	reduce	VERB
hassl-883	101	21	the	the	DET
hassl-883	101	22	liability	liability	NOUN
hassl-883	101	23	of	of	ADP
hassl-883	101	24	foreignness	foreignness	NOUN
hassl-883	101	25	(	(	PUNCT
hassl-883	101	26	chen	chen	PROPN
hassl-883	101	27	,	,	PUNCT
hassl-883	101	28	2006	2006	NUM
hassl-883	101	29	)	)	PUNCT
hassl-883	101	30	.	.	PUNCT
hassl-883	102	1	similarly	similarly	ADV
hassl-883	102	2	,	,	PUNCT
hassl-883	102	3	in	in	ADP
hassl-883	102	4	cvc	cvc	NOUN
hassl-883	102	5	markets	market	NOUN
hassl-883	102	6	,	,	PUNCT
hassl-883	102	7	foreign	foreign	ADJ
hassl-883	102	8	firms	firm	NOUN
hassl-883	102	9	may	may	AUX
hassl-883	102	10	invest	invest	VERB
hassl-883	102	11	in	in	ADP
hassl-883	102	12	local	local	ADJ
hassl-883	102	13	ventures	venture	NOUN
hassl-883	102	14	by	by	ADP
hassl-883	102	15	establishing	establish	VERB
hassl-883	102	16	a	a	DET
hassl-883	102	17	local	local	ADJ
hassl-883	102	18	cvc	cvc	NOUN
hassl-883	102	19	unit	unit	NOUN
hassl-883	102	20	(	(	PUNCT
hassl-883	102	21	chesbrough	chesbrough	NOUN
hassl-883	102	22	.	.	PROPN
hassl-883	102	23	,	,	PUNCT
hassl-883	102	24	2002	2002	NUM
hassl-883	102	25	)	)	PUNCT
hassl-883	102	26	.	.	PUNCT
hassl-883	103	1	for	for	ADP
hassl-883	103	2	instance	instance	NOUN
hassl-883	103	3	,	,	PUNCT
hassl-883	103	4	samsung	samsung	PROPN
hassl-883	103	5	electronics	electronics	PROPN
hassl-883	103	6	has	have	AUX
hassl-883	103	7	established	establish	VERB
hassl-883	103	8	an	an	DET
hassl-883	103	9	investment	investment	NOUN
hassl-883	103	10	arm	arm	NOUN
hassl-883	103	11	in	in	ADP
hassl-883	103	12	the	the	DET
hassl-883	103	13	u.s	u.s	PROPN
hassl-883	103	14	.	.	PROPN
hassl-883	103	15	to	to	PART
hassl-883	103	16	facilitate	facilitate	VERB
hassl-883	103	17	investment	investment	NOUN
hassl-883	103	18	in	in	ADP
hassl-883	103	19	u.s	u.s	PROPN
hassl-883	103	20	.	.	PROPN
hassl-883	103	21	ventures	venture	NOUN
hassl-883	103	22	.	.	PUNCT
hassl-883	104	1	the	the	DET
hassl-883	104	2	establishment	establishment	NOUN
hassl-883	104	3	of	of	ADP
hassl-883	104	4	a	a	DET
hassl-883	104	5	local	local	ADJ
hassl-883	104	6	cvc	cvc	NOUN
hassl-883	104	7	unit	unit	NOUN
hassl-883	104	8	may	may	AUX
hassl-883	104	9	provide	provide	VERB
hassl-883	104	10	several	several	ADJ
hassl-883	104	11	advantages	advantage	NOUN
hassl-883	104	12	to	to	ADP
hassl-883	104	13	a	a	DET
hassl-883	104	14	foreign	foreign	ADJ
hassl-883	104	15	firm	firm	NOUN
hassl-883	104	16	.	.	PUNCT
hassl-883	105	1	first	first	ADV
hassl-883	105	2	,	,	PUNCT
hassl-883	105	3	it	it	PRON
hassl-883	105	4	helps	help	VERB
hassl-883	105	5	to	to	PART
hassl-883	105	6	build	build	VERB
hassl-883	105	7	up	up	ADP
hassl-883	105	8	a	a	DET
hassl-883	105	9	local	local	ADJ
hassl-883	105	10	network	network	NOUN
hassl-883	105	11	to	to	PART
hassl-883	105	12	gather	gather	VERB
hassl-883	105	13	informal	informal	ADJ
hassl-883	105	14	information	information	NOUN
hassl-883	105	15	which	which	PRON
hassl-883	105	16	reduces	reduce	VERB
hassl-883	105	17	the	the	DET
hassl-883	105	18	information	information	NOUN
hassl-883	105	19	asymmetry	asymmetry	NOUN
hassl-883	105	20	involved	involve	VERB
hassl-883	105	21	in	in	ADP
hassl-883	105	22	the	the	DET
hassl-883	105	23	investment	investment	NOUN
hassl-883	105	24	.	.	PUNCT
hassl-883	106	1	as	as	SCONJ
hassl-883	106	2	early	early	ADJ
hassl-883	106	3	-	-	PUNCT
hassl-883	106	4	stage	stage	NOUN
hassl-883	106	5	cvc	cvc	NOUN
hassl-883	106	6	deals	deal	NOUN
hassl-883	106	7	involve	involve	VERB
hassl-883	106	8	a	a	DET
hassl-883	106	9	high	high	ADJ
hassl-883	106	10	level	level	NOUN
hassl-883	106	11	of	of	ADP
hassl-883	106	12	information	information	NOUN
hassl-883	106	13	asymmetry	asymmetry	NOUN
hassl-883	106	14	,	,	PUNCT
hassl-883	106	15	social	social	ADJ
hassl-883	106	16	ties	tie	NOUN
hassl-883	106	17	with	with	ADP
hassl-883	106	18	local	local	ADJ
hassl-883	106	19	vcs	vcs	NOUN
hassl-883	106	20	are	be	AUX
hassl-883	106	21	particularly	particularly	ADV
hassl-883	106	22	important	important	ADJ
hassl-883	106	23	when	when	SCONJ
hassl-883	106	24	a	a	DET
hassl-883	106	25	limited	limited	ADJ
hassl-883	106	26	amount	amount	NOUN
hassl-883	106	27	of	of	ADP
hassl-883	106	28	information	information	NOUN
hassl-883	106	29	is	be	AUX
hassl-883	106	30	provided	provide	VERB
hassl-883	106	31	by	by	ADP
hassl-883	106	32	the	the	DET
hassl-883	106	33	target	target	NOUN
hassl-883	106	34	venture	venture	NOUN
hassl-883	106	35	(	(	PUNCT
hassl-883	106	36	shane	shane	PROPN
hassl-883	106	37	.	.	PROPN
hassl-883	106	38	&	&	CCONJ
hassl-883	106	39	cable	cable	PROPN
hassl-883	106	40	,	,	PUNCT
hassl-883	106	41	2002	2002	NUM
hassl-883	106	42	;	;	PUNCT
hassl-883	106	43	tyebjee	tyebjee	PROPN
hassl-883	106	44	&	&	CCONJ
hassl-883	106	45	bruno	bruno	PROPN
hassl-883	106	46	,	,	PUNCT
hassl-883	106	47	1984	1984	NUM
hassl-883	106	48	)	)	PUNCT
hassl-883	106	49	.	.	PUNCT
hassl-883	107	1	second	second	ADV
hassl-883	107	2	,	,	PUNCT
hassl-883	107	3	establishing	establish	VERB
hassl-883	107	4	a	a	DET
hassl-883	107	5	local	local	ADJ
hassl-883	107	6	cvc	cvc	NOUN
hassl-883	107	7	unit	unit	NOUN
hassl-883	107	8	helps	help	VERB
hassl-883	107	9	a	a	DET
hassl-883	107	10	firm	firm	NOUN
hassl-883	107	11	to	to	PART
hassl-883	107	12	obtain	obtain	VERB
hassl-883	107	13	legitimacy	legitimacy	NOUN
hassl-883	107	14	in	in	ADP
hassl-883	107	15	the	the	DET
hassl-883	107	16	host	host	NOUN
hassl-883	107	17	country	country	NOUN
hassl-883	107	18	,	,	PUNCT
hassl-883	107	19	because	because	SCONJ
hassl-883	107	20	the	the	DET
hassl-883	107	21	local	local	ADJ
hassl-883	107	22	unit	unit	NOUN
hassl-883	107	23	,	,	PUNCT
hassl-883	107	24	separated	separate	VERB
hassl-883	107	25	from	from	ADP
hassl-883	107	26	the	the	DET
hassl-883	107	27	parent	parent	NOUN
hassl-883	107	28	firm	firm	NOUN
hassl-883	107	29	,	,	PUNCT
hassl-883	107	30	has	have	VERB
hassl-883	107	31	autonomy	autonomy	NOUN
hassl-883	107	32	in	in	ADP
hassl-883	107	33	conducting	conduct	VERB
hassl-883	107	34	cvc	cvc	NOUN
hassl-883	107	35	investments	investment	NOUN
hassl-883	107	36	and	and	CCONJ
hassl-883	107	37	can	can	AUX
hassl-883	107	38	mimic	mimic	VERB
hassl-883	107	39	local	local	ADJ
hassl-883	107	40	cvcs	cvcs	NOUN
hassl-883	107	41	(	(	PUNCT
hassl-883	107	42	lu	lu	PROPN
hassl-883	107	43	&	&	CCONJ
hassl-883	107	44	hwang	hwang	PROPN
hassl-883	107	45	,	,	PUNCT
hassl-883	107	46	2010	2010	NUM
hassl-883	107	47	)	)	PUNCT
hassl-883	107	48	.	.	PUNCT
hassl-883	108	1	thus	thus	ADV
hassl-883	108	2	,	,	PUNCT
hassl-883	108	3	we	we	PRON
hassl-883	108	4	posit	posit	VERB
hassl-883	108	5	:	:	PUNCT
hassl-883	108	6	h1	h1	PROPN
hassl-883	108	7	:	:	PUNCT
hassl-883	108	8	an	an	DET
hassl-883	108	9	early	early	ADJ
hassl-883	108	10	-	-	PUNCT
hassl-883	108	11	stage	stage	NOUN
hassl-883	108	12	cvc	cvc	NOUN
hassl-883	108	13	-	-	PUNCT
hassl-883	108	14	venture	venture	NOUN
hassl-883	108	15	investment	investment	NOUN
hassl-883	108	16	relationship	relationship	NOUN
hassl-883	108	17	is	be	AUX
hassl-883	108	18	more	more	ADV
hassl-883	108	19	likely	likely	ADJ
hassl-883	108	20	to	to	PART
hassl-883	108	21	be	be	AUX
hassl-883	108	22	materialized	materialize	VERB
hassl-883	108	23	when	when	SCONJ
hassl-883	108	24	the	the	DET
hassl-883	108	25	foreign	foreign	ADJ
hassl-883	108	26	(	(	PUNCT
hassl-883	108	27	i.e.	i.e.	X
hassl-883	108	28	,	,	PUNCT
hassl-883	108	29	non	non	ADJ
hassl-883	108	30	-	-	ADJ
hassl-883	108	31	u.s	u.s	ADJ
hassl-883	108	32	.	.	PROPN
hassl-883	108	33	)	)	PUNCT
hassl-883	108	34	firm	firm	NOUN
hassl-883	108	35	has	have	VERB
hassl-883	108	36	a	a	DET
hassl-883	108	37	local	local	ADJ
hassl-883	108	38	(	(	PUNCT
hassl-883	108	39	i.e.	i.e.	X
hassl-883	108	40	,	,	PUNCT
hassl-883	108	41	u.s	u.s	PROPN
hassl-883	108	42	.	.	PROPN
hassl-883	108	43	)	)	PUNCT
hassl-883	108	44	cvc	cvc	NOUN
hassl-883	108	45	unit	unit	NOUN
hassl-883	108	46	.	.	PUNCT
hassl-883	109	1	foreign	foreign	ADJ
hassl-883	109	2	(	(	PUNCT
hassl-883	109	3	i.e.	i.e.	X
hassl-883	109	4	,	,	PUNCT
hassl-883	109	5	non	non	ADJ
hassl-883	109	6	-	-	ADJ
hassl-883	109	7	u.s	u.s	ADJ
hassl-883	109	8	.	.	PROPN
hassl-883	109	9	)	)	PUNCT
hassl-883	109	10	firms	firm	NOUN
hassl-883	109	11	experience	experience	VERB
hassl-883	109	12	higher	high	ADJ
hassl-883	109	13	institutional	institutional	ADJ
hassl-883	109	14	and	and	CCONJ
hassl-883	109	15	cultural	cultural	ADJ
hassl-883	109	16	distance	distance	NOUN
hassl-883	109	17	from	from	ADP
hassl-883	109	18	local	local	ADJ
hassl-883	109	19	(	(	PUNCT
hassl-883	109	20	u.s	u.s	PROPN
hassl-883	109	21	.	.	PROPN
hassl-883	109	22	)	)	PUNCT
hassl-883	109	23	ventures	venture	NOUN
hassl-883	109	24	than	than	ADP
hassl-883	109	25	local	local	ADJ
hassl-883	109	26	(	(	PUNCT
hassl-883	109	27	i.e.	i.e.	X
hassl-883	109	28	,	,	PUNCT
hassl-883	109	29	u.s	u.s	PROPN
hassl-883	109	30	.	.	PROPN
hassl-883	109	31	)	)	PUNCT
hassl-883	109	32	firms	firm	NOUN
hassl-883	109	33	do	do	VERB
hassl-883	109	34	.	.	PUNCT
hassl-883	110	1	this	this	PRON
hassl-883	110	2	raises	raise	VERB
hassl-883	110	3	the	the	DET
hassl-883	110	4	risk	risk	NOUN
hassl-883	110	5	of	of	ADP
hassl-883	110	6	imitation	imitation	NOUN
hassl-883	110	7	for	for	ADP
hassl-883	110	8	the	the	DET
hassl-883	110	9	ventures	venture	NOUN
hassl-883	110	10	.	.	PUNCT
hassl-883	111	1	institutional	institutional	ADJ
hassl-883	111	2	distance	distance	NOUN
hassl-883	111	3	creates	create	VERB
hassl-883	111	4	higher	high	ADJ
hassl-883	111	5	legal	legal	ADJ
hassl-883	111	6	costs	cost	NOUN
hassl-883	111	7	in	in	ADP
hassl-883	111	8	the	the	DET
hassl-883	111	9	case	case	NOUN
hassl-883	111	10	of	of	ADP
hassl-883	111	11	litigation	litigation	NOUN
hassl-883	111	12	,	,	PUNCT
hassl-883	111	13	because	because	SCONJ
hassl-883	111	14	the	the	DET
hassl-883	111	15	regularity	regularity	NOUN
hassl-883	111	16	dimension	dimension	NOUN
hassl-883	111	17	,	,	PUNCT
hassl-883	111	18	which	which	PRON
hassl-883	111	19	consists	consist	VERB
hassl-883	111	20	of	of	ADP
hassl-883	111	21	the	the	DET
hassl-883	111	22	rules	rule	NOUN
hassl-883	111	23	and	and	CCONJ
hassl-883	111	24	laws	law	NOUN
hassl-883	111	25	,	,	PUNCT
hassl-883	111	26	is	be	AUX
hassl-883	111	27	different	different	ADJ
hassl-883	111	28	(	(	PUNCT
hassl-883	111	29	bell	bell	NOUN
hassl-883	111	30	et	et	PROPN
hassl-883	111	31	al	al	PROPN
hassl-883	111	32	.	.	PROPN
hassl-883	111	33	,	,	PUNCT
hassl-883	111	34	2012	2012	NUM
hassl-883	111	35	)	)	PUNCT
hassl-883	111	36	.	.	PUNCT
hassl-883	112	1	since	since	SCONJ
hassl-883	112	2	the	the	DET
hassl-883	112	3	ventures	venture	NOUN
hassl-883	112	4	lack	lack	VERB
hassl-883	112	5	legal	legal	ADJ
hassl-883	112	6	resources	resource	NOUN
hassl-883	112	7	and	and	CCONJ
hassl-883	112	8	legitimacy	legitimacy	NOUN
hassl-883	112	9	in	in	ADP
hassl-883	112	10	the	the	DET
hassl-883	112	11	foreign	foreign	ADJ
hassl-883	112	12	countries	country	NOUN
hassl-883	112	13	involved	involve	VERB
hassl-883	112	14	,	,	PUNCT
hassl-883	112	15	they	they	PRON
hassl-883	112	16	are	be	AUX
hassl-883	112	17	less	less	ADV
hassl-883	112	18	likely	likely	ADJ
hassl-883	112	19	to	to	PART
hassl-883	112	20	win	win	VERB
hassl-883	112	21	intellectual	intellectual	ADJ
hassl-883	112	22	property	property	NOUN
hassl-883	112	23	litigations	litigation	NOUN
hassl-883	112	24	against	against	ADP
hassl-883	112	25	foreign	foreign	ADJ
hassl-883	112	26	corporations	corporation	NOUN
hassl-883	112	27	.	.	PUNCT
hassl-883	113	1	similarly	similarly	ADV
hassl-883	113	2	,	,	PUNCT
hassl-883	113	3	cultural	cultural	ADJ
hassl-883	113	4	distance	distance	NOUN
hassl-883	113	5	incurs	incur	VERB
hassl-883	113	6	additional	additional	ADJ
hassl-883	113	7	monitoring	monitoring	NOUN
hassl-883	113	8	costs	cost	NOUN
hassl-883	113	9	for	for	ADP
hassl-883	113	10	ventures	venture	NOUN
hassl-883	113	11	,	,	PUNCT
hassl-883	113	12	as	as	SCONJ
hassl-883	113	13	culture	culture	NOUN
hassl-883	113	14	affects	affect	VERB
hassl-883	113	15	the	the	DET
hassl-883	113	16	level	level	NOUN
hassl-883	113	17	of	of	ADP
hassl-883	113	18	trust	trust	NOUN
hassl-883	113	19	between	between	ADP
hassl-883	113	20	firms	firm	NOUN
hassl-883	113	21	(	(	PUNCT
hassl-883	113	22	bell	bell	NOUN
hassl-883	113	23	et	et	PROPN
hassl-883	113	24	al	al	PROPN
hassl-883	113	25	.	.	PROPN
hassl-883	113	26	,	,	PUNCT
hassl-883	113	27	2012	2012	NUM
hassl-883	113	28	)	)	PUNCT
hassl-883	113	29	.	.	PUNCT
hassl-883	114	1	since	since	SCONJ
hassl-883	114	2	the	the	DET
hassl-883	114	3	level	level	NOUN
hassl-883	114	4	of	of	ADP
hassl-883	114	5	trust	trust	NOUN
hassl-883	114	6	is	be	AUX
hassl-883	114	7	low	low	ADJ
hassl-883	114	8	with	with	ADP
hassl-883	114	9	foreign	foreign	ADJ
hassl-883	114	10	firms	firm	NOUN
hassl-883	114	11	,	,	PUNCT
hassl-883	114	12	ventures	venture	NOUN
hassl-883	114	13	must	must	AUX
hassl-883	114	14	be	be	AUX
hassl-883	114	15	more	more	ADV
hassl-883	114	16	cautious	cautious	ADJ
hassl-883	114	17	in	in	ADP
hassl-883	114	18	designing	design	VERB
hassl-883	114	19	contracts	contract	NOUN
hassl-883	114	20	and	and	CCONJ
hassl-883	114	21	maintaining	maintain	VERB
hassl-883	114	22	exchange	exchange	NOUN
hassl-883	114	23	relationships	relationship	NOUN
hassl-883	114	24	with	with	ADP
hassl-883	114	25	foreign	foreign	ADJ
hassl-883	114	26	firms	firm	NOUN
hassl-883	114	27	.	.	PUNCT
hassl-883	115	1	the	the	DET
hassl-883	115	2	imitation	imitation	NOUN
hassl-883	115	3	risk	risk	NOUN
hassl-883	115	4	for	for	ADP
hassl-883	115	5	ventures	venture	NOUN
hassl-883	115	6	can	can	AUX
hassl-883	115	7	not	not	PART
hassl-883	115	8	be	be	AUX
hassl-883	115	9	resolved	resolve	VERB
hassl-883	115	10	by	by	ADP
hassl-883	115	11	the	the	DET
hassl-883	115	12	foreign	foreign	ADJ
hassl-883	115	13	firm	firm	NOUN
hassl-883	115	14	establishing	establish	VERB
hassl-883	115	15	a	a	DET
hassl-883	115	16	local	local	ADJ
hassl-883	115	17	cvc	cvc	NOUN
hassl-883	115	18	unit	unit	NOUN
hassl-883	115	19	in	in	ADP
hassl-883	115	20	the	the	DET
hassl-883	115	21	u.s	u.s	PROPN
hassl-883	115	22	.	.	PROPN
hassl-883	116	1	although	although	SCONJ
hassl-883	116	2	establishing	establish	VERB
hassl-883	116	3	a	a	DET
hassl-883	116	4	local	local	ADJ
hassl-883	116	5	cvc	cvc	NOUN
hassl-883	116	6	in	in	ADP
hassl-883	116	7	the	the	DET
hassl-883	116	8	u.s	u.s	PROPN
hassl-883	116	9	.	.	PROPN
hassl-883	116	10	may	may	AUX
hassl-883	116	11	enhance	enhance	VERB
hassl-883	116	12	more	more	ADV
hassl-883	116	13	unsolicited	unsolicited	ADJ
hassl-883	116	14	deals	deal	NOUN
hassl-883	116	15	from	from	ADP
hassl-883	116	16	networks	network	NOUN
hassl-883	116	17	(	(	PUNCT
hassl-883	116	18	lu	lu	PROPN
hassl-883	116	19	&	&	CCONJ
hassl-883	116	20	hwang	hwang	PROPN
hassl-883	116	21	,	,	PUNCT
hassl-883	116	22	2010	2010	NUM
hassl-883	116	23	)	)	PUNCT
hassl-883	116	24	thus	thus	ADV
hassl-883	116	25	reducing	reduce	VERB
hassl-883	116	26	the	the	DET
hassl-883	116	27	adverse	adverse	ADJ
hassl-883	116	28	selection	selection	NOUN
hassl-883	116	29	risk	risk	NOUN
hassl-883	116	30	for	for	ADP
hassl-883	116	31	the	the	DET
hassl-883	116	32	corporate	corporate	ADJ
hassl-883	116	33	investor	investor	NOUN
hassl-883	116	34	,	,	PUNCT
hassl-883	116	35	yet	yet	ADV
hassl-883	116	36	,	,	PUNCT
hassl-883	116	37	the	the	DET
hassl-883	116	38	imitation	imitation	NOUN
hassl-883	116	39	risk	risk	NOUN
hassl-883	116	40	for	for	ADP
hassl-883	116	41	ventures	venture	NOUN
hassl-883	116	42	is	be	AUX
hassl-883	116	43	not	not	PART
hassl-883	116	44	mitigated	mitigate	VERB
hassl-883	116	45	by	by	ADP
hassl-883	116	46	building	build	VERB
hassl-883	116	47	a	a	DET
hassl-883	116	48	local	local	ADJ
hassl-883	116	49	cvc	cvc	NOUN
hassl-883	116	50	unit	unit	NOUN
hassl-883	116	51	because	because	SCONJ
hassl-883	116	52	the	the	DET
hassl-883	116	53	parent	parent	NOUN
hassl-883	116	54	firm	firm	NOUN
hassl-883	116	55	,	,	PUNCT
hassl-883	116	56	the	the	DET
hassl-883	116	57	imitating	imitating	NOUN
hassl-883	116	58	entity	entity	NOUN
hassl-883	116	59	,	,	PUNCT
hassl-883	116	60	is	be	AUX
hassl-883	116	61	still	still	ADV
hassl-883	116	62	outside	outside	ADP
hassl-883	116	63	the	the	DET
hassl-883	116	64	u.s	u.s	PROPN
hassl-883	116	65	.	.	PROPN
hassl-883	116	66	ventures	venture	NOUN
hassl-883	116	67	obtain	obtain	VERB
hassl-883	116	68	the	the	DET
hassl-883	116	69	required	require	VERB
hassl-883	116	70	resources	resource	NOUN
hassl-883	116	71	,	,	PUNCT
hassl-883	116	72	skills	skill	NOUN
hassl-883	116	73	or	or	CCONJ
hassl-883	116	74	knowledge	knowledge	NOUN
hassl-883	116	75	from	from	ADP
hassl-883	116	76	the	the	DET
hassl-883	116	77	parent	parent	NOUN
hassl-883	116	78	firm	firm	NOUN
hassl-883	116	79	.	.	PUNCT
hassl-883	117	1	hence	hence	ADV
hassl-883	117	2	,	,	PUNCT
hassl-883	117	3	although	although	SCONJ
hassl-883	117	4	ventures	venture	NOUN
hassl-883	117	5	are	be	AUX
hassl-883	117	6	financed	finance	VERB
hassl-883	117	7	by	by	ADP
hassl-883	117	8	the	the	DET
hassl-883	117	9	investment	investment	NOUN
hassl-883	117	10	unit	unit	NOUN
hassl-883	117	11	in	in	ADP
hassl-883	117	12	the	the	DET
hassl-883	117	13	u.s	u.s	PROPN
hassl-883	117	14	.	.	PROPN
hassl-883	117	15	,	,	PUNCT
hassl-883	117	16	the	the	DET
hassl-883	117	17	institutional	institutional	ADJ
hassl-883	117	18	and	and	CCONJ
hassl-883	117	19	cultural	cultural	ADJ
hassl-883	117	20	distance	distance	NOUN
hassl-883	117	21	remains	remain	VERB
hassl-883	117	22	high	high	ADJ
hassl-883	117	23	because	because	SCONJ
hassl-883	117	24	the	the	DET
hassl-883	117	25	actual	actual	ADJ
hassl-883	117	26	collaboration	collaboration	NOUN
hassl-883	117	27	must	must	AUX
hassl-883	117	28	be	be	AUX
hassl-883	117	29	carried	carry	VERB
hassl-883	117	30	out	out	ADP
hassl-883	117	31	with	with	ADP
hassl-883	117	32	the	the	DET
hassl-883	117	33	parent	parent	NOUN
hassl-883	117	34	entity	entity	NOUN
hassl-883	117	35	outside	outside	ADP
hassl-883	117	36	the	the	DET
hassl-883	117	37	u.s	u.s	PROPN
hassl-883	117	38	.	.	PROPN
hassl-883	117	39	consequently	consequently	ADV
hassl-883	117	40	,	,	PUNCT
hassl-883	117	41	we	we	PRON
hassl-883	117	42	argue	argue	VERB
hassl-883	117	43	that	that	SCONJ
hassl-883	117	44	the	the	DET
hassl-883	117	45	intellectual	intellectual	ADJ
hassl-883	117	46	property	property	NOUN
hassl-883	117	47	protection	protection	NOUN
hassl-883	117	48	(	(	PUNCT
hassl-883	117	49	ipp	ipp	PROPN
hassl-883	117	50	)	)	PUNCT
hassl-883	117	51	regime	regime	NOUN
hassl-883	117	52	of	of	ADP
hassl-883	117	53	ventures	venture	NOUN
hassl-883	117	54	moderates	moderate	VERB
hassl-883	117	55	the	the	DET
hassl-883	117	56	effect	effect	NOUN
hassl-883	117	57	of	of	ADP
hassl-883	117	58	having	have	VERB
hassl-883	117	59	a	a	DET
hassl-883	117	60	local	local	ADJ
hassl-883	117	61	cvc	cvc	NOUN
hassl-883	117	62	unit	unit	NOUN
hassl-883	117	63	on	on	ADP
hassl-883	117	64	early	early	ADJ
hassl-883	117	65	-	-	PUNCT
hassl-883	117	66	stage	stage	NOUN
hassl-883	117	67	cvc	cvc	NOUN
hassl-883	117	68	investment	investment	NOUN
hassl-883	117	69	.	.	PUNCT
hassl-883	118	1	under	under	ADP
hassl-883	118	2	a	a	DET
hassl-883	118	3	weak	weak	ADJ
hassl-883	118	4	ipp	ipp	NOUN
hassl-883	118	5	regime	regime	NOUN
hassl-883	118	6	,	,	PUNCT
hassl-883	118	7	the	the	DET
hassl-883	118	8	technological	technological	ADJ
hassl-883	118	9	invention	invention	NOUN
hassl-883	118	10	of	of	ADP
hassl-883	118	11	a	a	DET
hassl-883	118	12	new	new	ADJ
hassl-883	118	13	venture	venture	NOUN
hassl-883	118	14	is	be	AUX
hassl-883	118	15	not	not	PART
hassl-883	118	16	well	well	ADV
hassl-883	118	17	protected	protect	VERB
hassl-883	118	18	.	.	PUNCT
hassl-883	119	1	the	the	DET
hassl-883	119	2	imitation	imitation	NOUN
hassl-883	119	3	risk	risk	NOUN
hassl-883	119	4	engendered	engender	VERB
hassl-883	119	5	by	by	ADP
hassl-883	119	6	institutional	institutional	ADJ
hassl-883	119	7	and	and	CCONJ
hassl-883	119	8	cultural	cultural	ADJ
hassl-883	119	9	distance	distance	NOUN
hassl-883	119	10	is	be	AUX
hassl-883	119	11	greater	great	ADJ
hassl-883	119	12	for	for	ADP
hassl-883	119	13	ventures	venture	NOUN
hassl-883	119	14	under	under	ADP
hassl-883	119	15	a	a	DET
hassl-883	119	16	weak	weak	ADJ
hassl-883	119	17	ipp	ipp	NOUN
hassl-883	119	18	regime	regime	NOUN
hassl-883	119	19	than	than	ADP
hassl-883	119	20	for	for	ADP
hassl-883	119	21	those	those	PRON
hassl-883	119	22	under	under	ADP
hassl-883	119	23	a	a	DET
hassl-883	119	24	strong	strong	ADJ
hassl-883	119	25	ipp	ipp	NOUN
hassl-883	119	26	regime	regime	NOUN
hassl-883	119	27	.	.	PUNCT
hassl-883	120	1	on	on	ADP
hassl-883	120	2	the	the	DET
hassl-883	120	3	other	other	ADJ
hassl-883	120	4	humanities	humanity	NOUN
hassl-883	120	5	and	and	CCONJ
hassl-883	120	6	social	social	ADJ
hassl-883	120	7	sciences	science	NOUN
hassl-883	120	8	letters	letter	NOUN
hassl-883	120	9	,	,	PUNCT
hassl-883	120	10	2021	2021	NUM
hassl-883	120	11	,	,	PUNCT
hassl-883	120	12	9(1	9(1	NUM
hassl-883	120	13	):	):	PUNCT
hassl-883	120	14	72	72	NUM
hassl-883	120	15	-	-	SYM
hassl-883	120	16	85	85	NUM
hassl-883	120	17	76	76	NUM
hassl-883	120	18	©	©	PROPN
hassl-883	120	19	2021	2021	NUM
hassl-883	120	20	conscientia	conscientia	PROPN
hassl-883	120	21	beam	beam	PROPN
hassl-883	120	22	.	.	PUNCT
hassl-883	121	1	all	all	DET
hassl-883	121	2	rights	right	NOUN
hassl-883	121	3	reserved	reserve	VERB
hassl-883	121	4	.	.	PUNCT
hassl-883	122	1	hand	hand	NOUN
hassl-883	122	2	,	,	PUNCT
hassl-883	122	3	under	under	ADP
hassl-883	122	4	a	a	DET
hassl-883	122	5	strong	strong	ADJ
hassl-883	122	6	ipp	ipp	NOUN
hassl-883	122	7	,	,	PUNCT
hassl-883	122	8	more	more	ADV
hassl-883	122	9	comprehensive	comprehensive	ADJ
hassl-883	122	10	protection	protection	NOUN
hassl-883	122	11	is	be	AUX
hassl-883	122	12	available	available	ADJ
hassl-883	122	13	(	(	PUNCT
hassl-883	122	14	cohen	cohen	PROPN
hassl-883	122	15	,	,	PUNCT
hassl-883	122	16	nelson	nelson	PROPN
hassl-883	122	17	,	,	PUNCT
hassl-883	122	18	&	&	CCONJ
hassl-883	122	19	walsh	walsh	PROPN
hassl-883	122	20	,	,	PUNCT
hassl-883	122	21	2001	2001	NUM
hassl-883	122	22	)	)	PUNCT
hassl-883	122	23	.	.	PUNCT
hassl-883	123	1	the	the	DET
hassl-883	123	2	effect	effect	NOUN
hassl-883	123	3	of	of	ADP
hassl-883	123	4	institutional	institutional	ADJ
hassl-883	123	5	and	and	CCONJ
hassl-883	123	6	cultural	cultural	ADJ
hassl-883	123	7	distance	distance	NOUN
hassl-883	123	8	becomes	become	VERB
hassl-883	123	9	marginal	marginal	ADJ
hassl-883	123	10	.	.	PUNCT
hassl-883	124	1	considering	consider	VERB
hassl-883	124	2	the	the	DET
hassl-883	124	3	ex	ex	NOUN
hassl-883	124	4	-	-	NOUN
hassl-883	124	5	post	post	ADJ
hassl-883	124	6	payoff	payoff	NOUN
hassl-883	124	7	of	of	ADP
hassl-883	124	8	foreign	foreign	ADJ
hassl-883	124	9	(	(	PUNCT
hassl-883	124	10	i.e.	i.e.	X
hassl-883	124	11	,	,	PUNCT
hassl-883	124	12	non	non	ADJ
hassl-883	124	13	-	-	ADJ
hassl-883	124	14	u.s	u.s	ADJ
hassl-883	124	15	.	.	PROPN
hassl-883	124	16	)	)	PUNCT
hassl-883	124	17	firms	firm	NOUN
hassl-883	124	18	to	to	ADP
hassl-883	124	19	local	local	ADJ
hassl-883	124	20	(	(	PUNCT
hassl-883	124	21	i.e.	i.e.	X
hassl-883	124	22	,	,	PUNCT
hassl-883	124	23	u.s	u.s	PROPN
hassl-883	124	24	.	.	PROPN
hassl-883	124	25	)	)	PUNCT
hassl-883	124	26	ventures	venture	NOUN
hassl-883	124	27	is	be	AUX
hassl-883	124	28	greater	great	ADJ
hassl-883	124	29	than	than	ADP
hassl-883	124	30	that	that	PRON
hassl-883	124	31	of	of	ADP
hassl-883	124	32	local	local	ADJ
hassl-883	124	33	(	(	PUNCT
hassl-883	124	34	i.e.	i.e.	X
hassl-883	124	35	,	,	PUNCT
hassl-883	124	36	u.s	u.s	PROPN
hassl-883	124	37	.	.	PROPN
hassl-883	124	38	)	)	PUNCT
hassl-883	124	39	firms	firm	NOUN
hassl-883	124	40	,	,	PUNCT
hassl-883	124	41	we	we	PRON
hassl-883	124	42	expect	expect	VERB
hassl-883	124	43	more	more	ADJ
hassl-883	124	44	early	early	ADJ
hassl-883	124	45	-	-	PUNCT
hassl-883	124	46	stage	stage	NOUN
hassl-883	124	47	cvc	cvc	NOUN
hassl-883	124	48	investments	investment	NOUN
hassl-883	124	49	when	when	SCONJ
hassl-883	124	50	the	the	DET
hassl-883	124	51	ipp	ipp	PROPN
hassl-883	124	52	regime	regime	NOUN
hassl-883	124	53	is	be	AUX
hassl-883	124	54	strong	strong	ADJ
hassl-883	124	55	.	.	PUNCT
hassl-883	125	1	h2	h2	NOUN
hassl-883	125	2	:	:	PUNCT
hassl-883	125	3	under	under	ADP
hassl-883	125	4	a	a	DET
hassl-883	125	5	strong	strong	ADJ
hassl-883	125	6	ipp	ipp	NOUN
hassl-883	125	7	regime	regime	NOUN
hassl-883	125	8	,	,	PUNCT
hassl-883	125	9	an	an	DET
hassl-883	125	10	early	early	ADJ
hassl-883	125	11	-	-	PUNCT
hassl-883	125	12	stage	stage	NOUN
hassl-883	125	13	cvc	cvc	NOUN
hassl-883	125	14	-	-	PUNCT
hassl-883	125	15	venture	venture	NOUN
hassl-883	125	16	investment	investment	NOUN
hassl-883	125	17	relationship	relationship	NOUN
hassl-883	125	18	is	be	AUX
hassl-883	125	19	more	more	ADV
hassl-883	125	20	likely	likely	ADJ
hassl-883	125	21	to	to	PART
hassl-883	125	22	be	be	AUX
hassl-883	125	23	materialized	materialize	VERB
hassl-883	125	24	when	when	SCONJ
hassl-883	125	25	the	the	DET
hassl-883	125	26	foreign	foreign	ADJ
hassl-883	125	27	(	(	PUNCT
hassl-883	125	28	i.e.	i.e.	X
hassl-883	125	29	,	,	PUNCT
hassl-883	125	30	non	non	ADJ
hassl-883	125	31	-	-	ADJ
hassl-883	125	32	u.s	u.s	ADJ
hassl-883	125	33	.	.	PROPN
hassl-883	125	34	)	)	PUNCT
hassl-883	125	35	firm	firm	NOUN
hassl-883	125	36	has	have	VERB
hassl-883	125	37	a	a	DET
hassl-883	125	38	local	local	ADJ
hassl-883	125	39	(	(	PUNCT
hassl-883	125	40	i.e.	i.e.	X
hassl-883	125	41	,	,	PUNCT
hassl-883	125	42	u.s	u.s	PROPN
hassl-883	125	43	.	.	PROPN
hassl-883	125	44	)	)	PUNCT
hassl-883	125	45	cvc	cvc	NOUN
hassl-883	125	46	unit	unit	NOUN
hassl-883	125	47	.	.	PUNCT
hassl-883	126	1	4	4	X
hassl-883	126	2	.	.	X
hassl-883	126	3	methodology	methodology	NOUN
hassl-883	126	4	4.1	4.1	NUM
hassl-883	126	5	.	.	PUNCT
hassl-883	127	1	sample	sample	VERB
hassl-883	127	2	the	the	DET
hassl-883	127	3	unit	unit	NOUN
hassl-883	127	4	of	of	ADP
hassl-883	127	5	analysis	analysis	NOUN
hassl-883	127	6	of	of	ADP
hassl-883	127	7	this	this	DET
hassl-883	127	8	research	research	NOUN
hassl-883	127	9	is	be	AUX
hassl-883	127	10	the	the	DET
hassl-883	127	11	formation	formation	NOUN
hassl-883	127	12	of	of	ADP
hassl-883	127	13	an	an	DET
hassl-883	127	14	investment	investment	NOUN
hassl-883	127	15	relationship	relationship	NOUN
hassl-883	127	16	between	between	ADP
hassl-883	127	17	an	an	DET
hassl-883	127	18	established	establish	VERB
hassl-883	127	19	firm	firm	NOUN
hassl-883	127	20	and	and	CCONJ
hassl-883	127	21	a	a	DET
hassl-883	127	22	venture	venture	NOUN
hassl-883	127	23	.	.	PUNCT
hassl-883	128	1	for	for	ADP
hassl-883	128	2	this	this	DET
hassl-883	128	3	study	study	NOUN
hassl-883	128	4	,	,	PUNCT
hassl-883	128	5	all	all	DET
hassl-883	128	6	corporate	corporate	ADJ
hassl-883	128	7	venture	venture	NOUN
hassl-883	128	8	capital	capital	NOUN
hassl-883	128	9	investment	investment	NOUN
hassl-883	128	10	transactions	transaction	NOUN
hassl-883	128	11	with	with	ADP
hassl-883	128	12	high	high	ADJ
hassl-883	128	13	-	-	PUNCT
hassl-883	128	14	tech	tech	NOUN
hassl-883	128	15	u.s.-based	u.s.-based	ADJ
hassl-883	128	16	ventures	venture	NOUN
hassl-883	128	17	between	between	ADP
hassl-883	128	18	jan	jan	PROPN
hassl-883	128	19	.	.	PROPN
hassl-883	128	20	1st	1st	ADJ
hassl-883	128	21	2001	2001	NUM
hassl-883	128	22	and	and	CCONJ
hassl-883	128	23	dec	dec	PROPN
hassl-883	128	24	.	.	PROPN
hassl-883	128	25	31st	31st	NOUN
hassl-883	128	26	2010	2010	NUM
hassl-883	128	27	were	be	AUX
hassl-883	128	28	collected	collect	VERB
hassl-883	128	29	from	from	ADP
hassl-883	128	30	the	the	DET
hassl-883	128	31	thomson	thomson	NOUN
hassl-883	128	32	one	one	NUM
hassl-883	128	33	database	database	NOUN
hassl-883	128	34	.	.	PUNCT
hassl-883	129	1	to	to	PART
hassl-883	129	2	identify	identify	VERB
hassl-883	129	3	corporate	corporate	ADJ
hassl-883	129	4	venture	venture	NOUN
hassl-883	129	5	capital	capital	NOUN
hassl-883	129	6	(	(	PUNCT
hassl-883	129	7	cvc	cvc	NOUN
hassl-883	129	8	)	)	PUNCT
hassl-883	129	9	,	,	PUNCT
hassl-883	129	10	we	we	PRON
hassl-883	129	11	selected	select	VERB
hassl-883	129	12	„	„	PUNCT
hassl-883	129	13	corporate	corporate	ADJ
hassl-883	129	14	pe‟	pe‟	PROPN
hassl-883	129	15	as	as	ADP
hassl-883	129	16	the	the	DET
hassl-883	129	17	fund	fund	NOUN
hassl-883	129	18	investor	investor	NOUN
hassl-883	129	19	type	type	NOUN
hassl-883	129	20	in	in	ADP
hassl-883	129	21	the	the	DET
hassl-883	129	22	database	database	NOUN
hassl-883	129	23	.	.	PUNCT
hassl-883	130	1	the	the	DET
hassl-883	130	2	original	original	ADJ
hassl-883	130	3	sample	sample	NOUN
hassl-883	130	4	numbered	number	VERB
hassl-883	130	5	7,685	7,685	NUM
hassl-883	130	6	corporate	corporate	ADJ
hassl-883	130	7	venture	venture	NOUN
hassl-883	130	8	capital	capital	NOUN
hassl-883	130	9	investments	investment	NOUN
hassl-883	130	10	in	in	ADP
hassl-883	130	11	u.s	u.s	PROPN
hassl-883	130	12	.	.	PROPN
hassl-883	130	13	ventures	venture	NOUN
hassl-883	130	14	between	between	ADP
hassl-883	130	15	2001	2001	NUM
hassl-883	130	16	and	and	CCONJ
hassl-883	130	17	2010	2010	NUM
hassl-883	130	18	.	.	PUNCT
hassl-883	131	1	we	we	PRON
hassl-883	131	2	removed	remove	VERB
hassl-883	131	3	3,072	3,072	NUM
hassl-883	131	4	„	„	X
hassl-883	131	5	follow‟	follow‟	X
hassl-883	131	6	investments	investment	NOUN
hassl-883	131	7	since	since	SCONJ
hassl-883	131	8	they	they	PRON
hassl-883	131	9	do	do	AUX
hassl-883	131	10	not	not	PART
hassl-883	131	11	suffer	suffer	VERB
hassl-883	131	12	from	from	ADP
hassl-883	131	13	the	the	DET
hassl-883	131	14	issue	issue	NOUN
hassl-883	131	15	of	of	ADP
hassl-883	131	16	information	information	NOUN
hassl-883	131	17	asymmetry	asymmetry	NOUN
hassl-883	131	18	.	.	PUNCT
hassl-883	132	1	we	we	PRON
hassl-883	132	2	further	far	ADV
hassl-883	132	3	removed	remove	VERB
hassl-883	132	4	1,404	1,404	NUM
hassl-883	132	5	investments	investment	NOUN
hassl-883	132	6	with	with	ADP
hassl-883	132	7	undisclosed	undisclosed	ADJ
hassl-883	132	8	fund	fund	NOUN
hassl-883	132	9	names	name	NOUN
hassl-883	132	10	.	.	PUNCT
hassl-883	133	1	in	in	ADP
hassl-883	133	2	addition	addition	NOUN
hassl-883	133	3	,	,	PUNCT
hassl-883	133	4	we	we	PRON
hassl-883	133	5	excluded	exclude	VERB
hassl-883	133	6	cvc	cvc	NOUN
hassl-883	133	7	investments	investment	NOUN
hassl-883	133	8	of	of	ADP
hassl-883	133	9	established	establish	VERB
hassl-883	133	10	firms	firm	NOUN
hassl-883	133	11	that	that	PRON
hassl-883	133	12	were	be	AUX
hassl-883	133	13	either	either	CCONJ
hassl-883	133	14	financial	financial	ADJ
hassl-883	133	15	firms	firm	NOUN
hassl-883	133	16	(	(	PUNCT
hassl-883	133	17	e.g.	e.g.	ADV
hassl-883	133	18	,	,	PUNCT
hassl-883	133	19	royal	royal	ADJ
hassl-883	133	20	bank	bank	PROPN
hassl-883	133	21	of	of	ADP
hassl-883	133	22	canada	canada	PROPN
hassl-883	133	23	,	,	PUNCT
hassl-883	133	24	aig	aig	PROPN
hassl-883	133	25	private	private	ADJ
hassl-883	133	26	equity	equity	NOUN
hassl-883	133	27	)	)	PUNCT
hassl-883	133	28	or	or	CCONJ
hassl-883	133	29	non	non	ADJ
hassl-883	133	30	-	-	ADJ
hassl-883	133	31	profit	profit	ADJ
hassl-883	133	32	organizations	organization	NOUN
hassl-883	133	33	(	(	PUNCT
hassl-883	133	34	e.g.	e.g.	ADV
hassl-883	133	35	,	,	PUNCT
hassl-883	133	36	kaiser	kaiser	PROPN
hassl-883	133	37	permanente	permanente	PROPN
hassl-883	133	38	)	)	PUNCT
hassl-883	133	39	,	,	PUNCT
hassl-883	133	40	and	and	CCONJ
hassl-883	133	41	that	that	PRON
hassl-883	133	42	did	do	AUX
hassl-883	133	43	not	not	PART
hassl-883	133	44	have	have	VERB
hassl-883	133	45	information	information	NOUN
hassl-883	133	46	in	in	ADP
hassl-883	133	47	compustat	compustat	NOUN
hassl-883	133	48	.	.	PUNCT
hassl-883	134	1	after	after	ADP
hassl-883	134	2	removing	remove	VERB
hassl-883	134	3	the	the	DET
hassl-883	134	4	cvc	cvc	NOUN
hassl-883	134	5	investments	investment	NOUN
hassl-883	134	6	with	with	ADP
hassl-883	134	7	omitted	omit	VERB
hassl-883	134	8	variables	variable	NOUN
hassl-883	134	9	,	,	PUNCT
hassl-883	134	10	2,171	2,171	NUM
hassl-883	134	11	cvc	cvc	NOUN
hassl-883	134	12	investments	investment	NOUN
hassl-883	134	13	remained	remain	VERB
hassl-883	134	14	to	to	PART
hassl-883	134	15	be	be	AUX
hassl-883	134	16	used	use	VERB
hassl-883	134	17	in	in	ADP
hassl-883	134	18	the	the	DET
hassl-883	134	19	analysis	analysis	NOUN
hassl-883	134	20	.	.	PUNCT
hassl-883	135	1	4.2	4.2	NUM
hassl-883	135	2	.	.	PUNCT
hassl-883	136	1	variable	variable	ADJ
hassl-883	136	2	definitions	definition	NOUN
hassl-883	136	3	4.2.1	4.2.1	NUM
hassl-883	136	4	.	.	PUNCT
hassl-883	137	1	dependent	dependent	ADJ
hassl-883	137	2	variable	variable	NOUN
hassl-883	137	3	vc	vc	PROPN
hassl-883	137	4	investment	investment	NOUN
hassl-883	137	5	is	be	AUX
hassl-883	137	6	categorized	categorize	VERB
hassl-883	137	7	into	into	ADP
hassl-883	137	8	series	series	PROPN
hassl-883	137	9	a	a	PROPN
hassl-883	137	10	,	,	PUNCT
hassl-883	137	11	b	b	NOUN
hassl-883	137	12	,	,	PUNCT
hassl-883	137	13	c	c	PROPN
hassl-883	137	14	and	and	CCONJ
hassl-883	137	15	d	d	NOUN
hassl-883	137	16	,	,	PUNCT
hassl-883	137	17	with	with	ADP
hassl-883	137	18	each	each	DET
hassl-883	137	19	letter	letter	NOUN
hassl-883	137	20	referring	refer	VERB
hassl-883	137	21	to	to	ADP
hassl-883	137	22	the	the	DET
hassl-883	137	23	life	life	NOUN
hassl-883	137	24	cycle	cycle	NOUN
hassl-883	137	25	stage	stage	NOUN
hassl-883	137	26	of	of	ADP
hassl-883	137	27	the	the	DET
hassl-883	137	28	new	new	ADJ
hassl-883	137	29	venture	venture	NOUN
hassl-883	137	30	at	at	ADP
hassl-883	137	31	the	the	DET
hassl-883	137	32	time	time	NOUN
hassl-883	137	33	of	of	ADP
hassl-883	137	34	the	the	DET
hassl-883	137	35	investment	investment	NOUN
hassl-883	137	36	.	.	PUNCT
hassl-883	138	1	series	series	PROPN
hassl-883	138	2	a	a	DET
hassl-883	138	3	refers	refer	VERB
hassl-883	138	4	to	to	ADP
hassl-883	138	5	ventures	venture	NOUN
hassl-883	138	6	that	that	PRON
hassl-883	138	7	have	have	AUX
hassl-883	138	8	not	not	PART
hassl-883	138	9	yet	yet	ADV
hassl-883	138	10	fully	fully	ADV
hassl-883	138	11	established	establish	VERB
hassl-883	138	12	commercial	commercial	ADJ
hassl-883	138	13	operations	operation	NOUN
hassl-883	138	14	and	and	CCONJ
hassl-883	138	15	may	may	AUX
hassl-883	138	16	also	also	ADV
hassl-883	138	17	involve	involve	VERB
hassl-883	138	18	continued	continued	ADJ
hassl-883	138	19	research	research	NOUN
hassl-883	138	20	and	and	CCONJ
hassl-883	138	21	product	product	NOUN
hassl-883	138	22	development	development	NOUN
hassl-883	138	23	.	.	PUNCT
hassl-883	139	1	series	series	PROPN
hassl-883	139	2	b	b	PROPN
hassl-883	139	3	refers	refer	VERB
hassl-883	139	4	to	to	ADP
hassl-883	139	5	ventures	venture	NOUN
hassl-883	139	6	that	that	PRON
hassl-883	139	7	already	already	ADV
hassl-883	139	8	have	have	VERB
hassl-883	139	9	product	product	NOUN
hassl-883	139	10	development	development	NOUN
hassl-883	139	11	,	,	PUNCT
hassl-883	139	12	initial	initial	ADJ
hassl-883	139	13	marketing	marketing	NOUN
hassl-883	139	14	,	,	PUNCT
hassl-883	139	15	manufacturing	manufacturing	NOUN
hassl-883	139	16	,	,	PUNCT
hassl-883	139	17	and	and	CCONJ
hassl-883	139	18	sales	sale	NOUN
hassl-883	139	19	activities	activity	NOUN
hassl-883	139	20	in	in	ADP
hassl-883	139	21	testing	testing	NOUN
hassl-883	139	22	or	or	CCONJ
hassl-883	139	23	production	production	NOUN
hassl-883	139	24	.	.	PUNCT
hassl-883	140	1	they	they	PRON
hassl-883	140	2	have	have	AUX
hassl-883	140	3	just	just	ADV
hassl-883	140	4	assembled	assemble	VERB
hassl-883	140	5	key	key	ADJ
hassl-883	140	6	management	management	NOUN
hassl-883	140	7	teams	team	NOUN
hassl-883	140	8	and	and	CCONJ
hassl-883	140	9	have	have	AUX
hassl-883	140	10	started	start	VERB
hassl-883	140	11	conducting	conduct	VERB
hassl-883	140	12	business	business	NOUN
hassl-883	140	13	but	but	CCONJ
hassl-883	140	14	are	be	AUX
hassl-883	140	15	not	not	PART
hassl-883	140	16	yet	yet	ADV
hassl-883	140	17	generating	generate	VERB
hassl-883	140	18	profit	profit	NOUN
hassl-883	140	19	.	.	PUNCT
hassl-883	141	1	series	series	PROPN
hassl-883	141	2	c	c	PROPN
hassl-883	141	3	refers	refer	VERB
hassl-883	141	4	to	to	ADP
hassl-883	141	5	ventures	venture	NOUN
hassl-883	141	6	that	that	PRON
hassl-883	141	7	are	be	AUX
hassl-883	141	8	under	under	ADP
hassl-883	141	9	operation	operation	NOUN
hassl-883	141	10	and	and	CCONJ
hassl-883	141	11	rapidly	rapidly	ADV
hassl-883	141	12	growing	grow	VERB
hassl-883	141	13	.	.	PUNCT
hassl-883	142	1	they	they	PRON
hassl-883	142	2	are	be	AUX
hassl-883	142	3	developing	develop	VERB
hassl-883	142	4	new	new	ADJ
hassl-883	142	5	products	product	NOUN
hassl-883	142	6	or	or	CCONJ
hassl-883	142	7	marketing	market	VERB
hassl-883	142	8	existing	exist	VERB
hassl-883	142	9	ones	one	NOUN
hassl-883	142	10	,	,	PUNCT
hassl-883	142	11	strengthening	strengthen	VERB
hassl-883	142	12	management	management	NOUN
hassl-883	142	13	teams	team	NOUN
hassl-883	142	14	,	,	PUNCT
hassl-883	142	15	and	and	CCONJ
hassl-883	142	16	have	have	AUX
hassl-883	142	17	just	just	ADV
hassl-883	142	18	begun	begin	VERB
hassl-883	142	19	to	to	PART
hassl-883	142	20	generate	generate	VERB
hassl-883	142	21	some	some	DET
hassl-883	142	22	revenue	revenue	NOUN
hassl-883	142	23	.	.	PUNCT
hassl-883	143	1	series	series	PROPN
hassl-883	143	2	d	d	PROPN
hassl-883	143	3	refers	refer	VERB
hassl-883	143	4	to	to	ADP
hassl-883	143	5	ventures	venture	NOUN
hassl-883	143	6	that	that	PRON
hassl-883	143	7	have	have	VERB
hassl-883	143	8	an	an	DET
hassl-883	143	9	established	establish	VERB
hassl-883	143	10	product	product	NOUN
hassl-883	143	11	or	or	CCONJ
hassl-883	143	12	service	service	NOUN
hassl-883	143	13	and	and	CCONJ
hassl-883	143	14	have	have	AUX
hassl-883	143	15	already	already	ADV
hassl-883	143	16	generated	generate	VERB
hassl-883	143	17	revenue	revenue	NOUN
hassl-883	143	18	.	.	PUNCT
hassl-883	144	1	in	in	ADP
hassl-883	144	2	this	this	DET
hassl-883	144	3	study	study	NOUN
hassl-883	144	4	,	,	PUNCT
hassl-883	144	5	investments	investment	NOUN
hassl-883	144	6	in	in	ADP
hassl-883	144	7	series	series	PROPN
hassl-883	144	8	a	a	PROPN
hassl-883	144	9	and	and	CCONJ
hassl-883	144	10	b	b	PROPN
hassl-883	144	11	ventures	venture	NOUN
hassl-883	144	12	were	be	AUX
hassl-883	144	13	categorized	categorize	VERB
hassl-883	144	14	as	as	ADP
hassl-883	144	15	„	„	PUNCT
hassl-883	144	16	early	early	ADJ
hassl-883	144	17	-	-	PUNCT
hassl-883	144	18	stage	stage	NOUN
hassl-883	144	19	investment‟	investment‟	NOUN
hassl-883	144	20	and	and	CCONJ
hassl-883	144	21	investments	investment	NOUN
hassl-883	144	22	in	in	ADP
hassl-883	144	23	series	series	PROPN
hassl-883	144	24	c	c	PROPN
hassl-883	144	25	and	and	CCONJ
hassl-883	144	26	d	d	PROPN
hassl-883	144	27	ventures	venture	NOUN
hassl-883	144	28	were	be	AUX
hassl-883	144	29	considered	consider	VERB
hassl-883	144	30	„	„	PUNCT
hassl-883	144	31	later	later	ADJ
hassl-883	144	32	-	-	PUNCT
hassl-883	144	33	stage	stage	NOUN
hassl-883	144	34	investment‟	investment‟	NOUN
hassl-883	144	35	because	because	SCONJ
hassl-883	144	36	it	it	PRON
hassl-883	144	37	is	be	AUX
hassl-883	144	38	from	from	ADP
hassl-883	144	39	series	series	PROPN
hassl-883	144	40	c	c	PROPN
hassl-883	144	41	onward	onward	PROPN
hassl-883	144	42	that	that	SCONJ
hassl-883	144	43	the	the	DET
hassl-883	144	44	technological	technological	ADJ
hassl-883	144	45	invention	invention	NOUN
hassl-883	144	46	of	of	ADP
hassl-883	144	47	a	a	DET
hassl-883	144	48	venture	venture	NOUN
hassl-883	144	49	is	be	AUX
hassl-883	144	50	fully	fully	ADV
hassl-883	144	51	commercialized	commercialize	VERB
hassl-883	144	52	and	and	CCONJ
hassl-883	144	53	sold	sell	VERB
hassl-883	144	54	in	in	ADP
hassl-883	144	55	the	the	DET
hassl-883	144	56	market	market	NOUN
hassl-883	144	57	.	.	PUNCT
hassl-883	145	1	therefore	therefore	ADV
hassl-883	145	2	,	,	PUNCT
hassl-883	145	3	the	the	DET
hassl-883	145	4	value	value	NOUN
hassl-883	145	5	one	one	NOUN
hassl-883	145	6	was	be	AUX
hassl-883	145	7	assigned	assign	VERB
hassl-883	145	8	if	if	SCONJ
hassl-883	145	9	a	a	DET
hassl-883	145	10	corporate	corporate	ADJ
hassl-883	145	11	investor	investor	NOUN
hassl-883	145	12	participated	participate	VERB
hassl-883	145	13	in	in	ADP
hassl-883	145	14	either	either	DET
hassl-883	145	15	series	series	NOUN
hassl-883	145	16	a	a	PRON
hassl-883	145	17	or	or	CCONJ
hassl-883	145	18	b	b	NOUN
hassl-883	145	19	investment	investment	NOUN
hassl-883	145	20	,	,	PUNCT
hassl-883	145	21	the	the	DET
hassl-883	145	22	early	early	ADJ
hassl-883	145	23	-	-	PUNCT
hassl-883	145	24	stage	stage	NOUN
hassl-883	145	25	investment	investment	NOUN
hassl-883	145	26	,	,	PUNCT
hassl-883	145	27	and	and	CCONJ
hassl-883	145	28	the	the	DET
hassl-883	145	29	value	value	NOUN
hassl-883	145	30	zero	zero	NUM
hassl-883	145	31	otherwise	otherwise	ADV
hassl-883	145	32	.	.	PUNCT
hassl-883	146	1	econometrically	econometrically	ADV
hassl-883	146	2	,	,	PUNCT
hassl-883	146	3	using	use	VERB
hassl-883	146	4	a	a	DET
hassl-883	146	5	logit	logit	NOUN
hassl-883	146	6	model	model	NOUN
hassl-883	146	7	,	,	PUNCT
hassl-883	146	8	we	we	PRON
hassl-883	146	9	assessed	assess	VERB
hassl-883	146	10	the	the	DET
hassl-883	146	11	probability	probability	NOUN
hassl-883	146	12	that	that	SCONJ
hassl-883	146	13	the	the	DET
hassl-883	146	14	investment	investment	NOUN
hassl-883	146	15	relationship	relationship	NOUN
hassl-883	146	16	between	between	ADP
hassl-883	146	17	a	a	DET
hassl-883	146	18	cvc	cvc	NOUN
hassl-883	146	19	investor	investor	NOUN
hassl-883	146	20	i	i	PRON
hassl-883	146	21	and	and	CCONJ
hassl-883	146	22	a	a	DET
hassl-883	146	23	venture	venture	NOUN
hassl-883	146	24	j	j	PROPN
hassl-883	146	25	would	would	AUX
hassl-883	146	26	be	be	AUX
hassl-883	146	27	formed	form	VERB
hassl-883	146	28	in	in	ADP
hassl-883	146	29	the	the	DET
hassl-883	146	30	early	early	ADJ
hassl-883	146	31	stage	stage	NOUN
hassl-883	146	32	.	.	PUNCT
hassl-883	147	1	4.2.2	4.2.2	X
hassl-883	147	2	.	.	PUNCT
hassl-883	148	1	independent	independent	ADJ
hassl-883	148	2	variable	variable	ADJ
hassl-883	148	3	non	non	PROPN
hassl-883	148	4	-	-	ADJ
hassl-883	148	5	u.s	u.s	ADJ
hassl-883	148	6	.	.	PROPN
hassl-883	148	7	parent	parent	NOUN
hassl-883	148	8	firm	firm	NOUN
hassl-883	148	9	.	.	PUNCT
hassl-883	149	1	the	the	DET
hassl-883	149	2	thomson	thomson	PROPN
hassl-883	149	3	one	one	NUM
hassl-883	149	4	database	database	NOUN
hassl-883	149	5	does	do	AUX
hassl-883	149	6	not	not	PART
hassl-883	149	7	provide	provide	VERB
hassl-883	149	8	the	the	DET
hassl-883	149	9	names	name	NOUN
hassl-883	149	10	of	of	ADP
hassl-883	149	11	cvcs‟	cvcs‟	ADJ
hassl-883	149	12	parent	parent	NOUN
hassl-883	149	13	firms	firm	NOUN
hassl-883	149	14	.	.	PUNCT
hassl-883	150	1	we	we	PRON
hassl-883	150	2	identified	identify	VERB
hassl-883	150	3	them	they	PRON
hassl-883	150	4	manually	manually	ADV
hassl-883	150	5	using	use	VERB
hassl-883	150	6	lexisnexis	lexisnexis	NOUN
hassl-883	150	7	and	and	CCONJ
hassl-883	150	8	google	google	PROPN
hassl-883	150	9	.	.	PUNCT
hassl-883	151	1	once	once	SCONJ
hassl-883	151	2	the	the	DET
hassl-883	151	3	name	name	NOUN
hassl-883	151	4	had	have	AUX
hassl-883	151	5	been	be	AUX
hassl-883	151	6	identified	identify	VERB
hassl-883	151	7	,	,	PUNCT
hassl-883	151	8	the	the	DET
hassl-883	151	9	financial	financial	ADJ
hassl-883	151	10	data	datum	NOUN
hassl-883	151	11	,	,	PUNCT
hassl-883	151	12	headquarters	headquarters	NOUN
hassl-883	151	13	location	location	NOUN
hassl-883	151	14	,	,	PUNCT
hassl-883	151	15	and	and	CCONJ
hassl-883	151	16	industry	industry	NOUN
hassl-883	151	17	code	code	NOUN
hassl-883	151	18	were	be	AUX
hassl-883	151	19	collected	collect	VERB
hassl-883	151	20	from	from	ADP
hassl-883	151	21	the	the	DET
hassl-883	151	22	compustat	compustat	NOUN
hassl-883	151	23	database	database	NOUN
hassl-883	151	24	.	.	PUNCT
hassl-883	152	1	a	a	DET
hassl-883	152	2	dichotomous	dichotomous	ADJ
hassl-883	152	3	variable	variable	NOUN
hassl-883	152	4	was	be	AUX
hassl-883	152	5	formulated	formulate	VERB
hassl-883	152	6	for	for	ADP
hassl-883	152	7	whether	whether	SCONJ
hassl-883	152	8	the	the	DET
hassl-883	152	9	headquarters	headquarters	NOUN
hassl-883	152	10	of	of	ADP
hassl-883	152	11	cvc‟s	cvc‟s	NUM
hassl-883	152	12	parent	parent	NOUN
hassl-883	152	13	was	be	AUX
hassl-883	152	14	located	locate	VERB
hassl-883	152	15	outside	outside	ADP
hassl-883	152	16	the	the	DET
hassl-883	152	17	u.s	u.s	PROPN
hassl-883	152	18	.	.	PROPN
hassl-883	152	19	(	(	PUNCT
hassl-883	152	20	one	one	NUM
hassl-883	152	21	)	)	PUNCT
hassl-883	152	22	,	,	PUNCT
hassl-883	152	23	or	or	CCONJ
hassl-883	152	24	zero	zero	NUM
hassl-883	152	25	if	if	SCONJ
hassl-883	152	26	it	it	PRON
hassl-883	152	27	was	be	AUX
hassl-883	152	28	located	locate	VERB
hassl-883	152	29	in	in	ADP
hassl-883	152	30	the	the	DET
hassl-883	152	31	u.s	u.s	PROPN
hassl-883	152	32	.	.	PROPN
hassl-883	152	33	non	non	PROPN
hassl-883	152	34	-	-	ADJ
hassl-883	152	35	u.s	u.s	PROPN
hassl-883	152	36	.	.	PROPN
hassl-883	152	37	parent	parent	NOUN
hassl-883	152	38	firm	firm	NOUN
hassl-883	152	39	with	with	ADP
hassl-883	152	40	/	/	SYM
hassl-883	152	41	without	without	ADP
hassl-883	152	42	local	local	ADJ
hassl-883	152	43	cvc	cvc	NOUN
hassl-883	152	44	.	.	PUNCT
hassl-883	153	1	some	some	DET
hassl-883	153	2	foreign	foreign	ADJ
hassl-883	153	3	(	(	PUNCT
hassl-883	153	4	i.e.	i.e.	X
hassl-883	153	5	,	,	PUNCT
hassl-883	153	6	non	non	ADJ
hassl-883	153	7	-	-	ADJ
hassl-883	153	8	u.s	u.s	ADJ
hassl-883	153	9	.	.	PROPN
hassl-883	153	10	)	)	PUNCT
hassl-883	153	11	firms	firm	NOUN
hassl-883	153	12	choose	choose	VERB
hassl-883	153	13	to	to	PART
hassl-883	153	14	establish	establish	VERB
hassl-883	153	15	an	an	DET
hassl-883	153	16	investment	investment	NOUN
hassl-883	153	17	unit	unit	NOUN
hassl-883	153	18	in	in	ADP
hassl-883	153	19	the	the	DET
hassl-883	153	20	u.s	u.s	PROPN
hassl-883	153	21	.	.	PROPN
hassl-883	153	22	to	to	PART
hassl-883	153	23	study	study	VERB
hassl-883	153	24	the	the	DET
hassl-883	153	25	effect	effect	NOUN
hassl-883	153	26	of	of	ADP
hassl-883	153	27	foreign	foreign	ADJ
hassl-883	153	28	firms	firm	NOUN
hassl-883	153	29	having	have	VERB
hassl-883	153	30	a	a	DET
hassl-883	153	31	local	local	ADJ
hassl-883	153	32	unit	unit	NOUN
hassl-883	153	33	,	,	PUNCT
hassl-883	153	34	we	we	PRON
hassl-883	153	35	need	need	VERB
hassl-883	153	36	to	to	PART
hassl-883	153	37	consider	consider	VERB
hassl-883	153	38	three	three	NUM
hassl-883	153	39	cases	case	NOUN
hassl-883	153	40	humanities	humanity	NOUN
hassl-883	153	41	and	and	CCONJ
hassl-883	153	42	social	social	ADJ
hassl-883	153	43	sciences	science	NOUN
hassl-883	153	44	letters	letter	NOUN
hassl-883	153	45	,	,	PUNCT
hassl-883	153	46	2021	2021	NUM
hassl-883	153	47	,	,	PUNCT
hassl-883	153	48	9(1	9(1	NUM
hassl-883	153	49	):	):	PUNCT
hassl-883	153	50	72	72	NUM
hassl-883	153	51	-	-	SYM
hassl-883	153	52	85	85	NUM
hassl-883	153	53	77	77	NUM
hassl-883	153	54	©	©	PROPN
hassl-883	153	55	2021	2021	NUM
hassl-883	153	56	conscientia	conscientia	PROPN
hassl-883	153	57	beam	beam	PROPN
hassl-883	153	58	.	.	PUNCT
hassl-883	154	1	all	all	DET
hassl-883	154	2	rights	right	NOUN
hassl-883	154	3	reserved	reserve	VERB
hassl-883	154	4	.	.	PUNCT
hassl-883	155	1	in	in	ADP
hassl-883	155	2	which	which	PRON
hassl-883	155	3	two	two	NUM
hassl-883	155	4	dummy	dummy	ADJ
hassl-883	155	5	variables	variable	NOUN
hassl-883	155	6	are	be	AUX
hassl-883	155	7	needed	need	VERB
hassl-883	155	8	.	.	PUNCT
hassl-883	156	1	the	the	DET
hassl-883	156	2	base	base	NOUN
hassl-883	156	3	case	case	NOUN
hassl-883	156	4	is	be	AUX
hassl-883	156	5	a	a	DET
hassl-883	156	6	u.s	u.s	PROPN
hassl-883	156	7	.	.	PROPN
hassl-883	156	8	firm	firm	PROPN
hassl-883	156	9	having	have	VERB
hassl-883	156	10	a	a	DET
hassl-883	156	11	cvc	cvc	NOUN
hassl-883	156	12	unit	unit	NOUN
hassl-883	156	13	in	in	ADP
hassl-883	156	14	the	the	DET
hassl-883	156	15	u.s	u.s	PROPN
hassl-883	156	16	.	.	PROPN
hassl-883	156	17	(	(	PUNCT
hassl-883	156	18	all	all	DET
hassl-883	156	19	dummies	dummy	NOUN
hassl-883	156	20	have	have	VERB
hassl-883	156	21	zero	zero	NUM
hassl-883	156	22	value	value	NOUN
hassl-883	156	23	)	)	PUNCT
hassl-883	156	24	.	.	PUNCT
hassl-883	157	1	a	a	DET
hassl-883	157	2	foreign	foreign	ADJ
hassl-883	157	3	firm	firm	NOUN
hassl-883	157	4	may	may	AUX
hassl-883	157	5	invest	invest	VERB
hassl-883	157	6	in	in	ADP
hassl-883	157	7	ventures	venture	NOUN
hassl-883	157	8	in	in	ADP
hassl-883	157	9	the	the	DET
hassl-883	157	10	u.s	u.s	PROPN
hassl-883	157	11	.	.	PROPN
hassl-883	157	12	from	from	ADP
hassl-883	157	13	a	a	DET
hassl-883	157	14	cvc	cvc	NOUN
hassl-883	157	15	unit	unit	NOUN
hassl-883	157	16	located	locate	VERB
hassl-883	157	17	outside	outside	ADP
hassl-883	157	18	the	the	DET
hassl-883	157	19	u.s	u.s	PROPN
hassl-883	157	20	.	.	PROPN
hassl-883	157	21	(	(	PUNCT
hassl-883	157	22	„	„	PUNCT
hassl-883	157	23	nonu.s	nonu.s	PROPN
hassl-883	157	24	.	.	PUNCT
hassl-883	157	25	parent	parent	PROPN
hassl-883	157	26	firm	firm	NOUN
hassl-883	157	27	without	without	ADP
hassl-883	157	28	local	local	ADJ
hassl-883	157	29	cvc‟	cvc‟	NOUN
hassl-883	157	30	has	have	VERB
hassl-883	157	31	a	a	DET
hassl-883	157	32	value	value	NOUN
hassl-883	157	33	of	of	ADP
hassl-883	157	34	one	one	NUM
hassl-883	157	35	and	and	CCONJ
hassl-883	157	36	zero	zero	NUM
hassl-883	157	37	otherwise	otherwise	ADV
hassl-883	157	38	)	)	PUNCT
hassl-883	157	39	.	.	PUNCT
hassl-883	158	1	a	a	DET
hassl-883	158	2	foreign	foreign	ADJ
hassl-883	158	3	firm	firm	NOUN
hassl-883	158	4	may	may	AUX
hassl-883	158	5	establish	establish	VERB
hassl-883	158	6	a	a	DET
hassl-883	158	7	local	local	ADJ
hassl-883	158	8	cvc	cvc	NOUN
hassl-883	158	9	unit	unit	NOUN
hassl-883	158	10	in	in	ADP
hassl-883	158	11	the	the	DET
hassl-883	158	12	u.s	u.s	PROPN
hassl-883	158	13	.	.	PROPN
hassl-883	158	14	and	and	CCONJ
hassl-883	158	15	invest	invest	VERB
hassl-883	158	16	in	in	ADP
hassl-883	158	17	ventures	venture	NOUN
hassl-883	158	18	in	in	ADP
hassl-883	158	19	the	the	DET
hassl-883	158	20	u.s	u.s	PROPN
hassl-883	158	21	.	.	PROPN
hassl-883	158	22	(	(	PUNCT
hassl-883	158	23	„	„	PUNCT
hassl-883	158	24	non	non	ADJ
hassl-883	158	25	-	-	ADJ
hassl-883	158	26	u.s	u.s	ADJ
hassl-883	158	27	.	.	PROPN
hassl-883	158	28	parent	parent	NOUN
hassl-883	158	29	firm	firm	NOUN
hassl-883	158	30	with	with	ADP
hassl-883	158	31	local	local	ADJ
hassl-883	158	32	cvc‟	cvc‟	NOUN
hassl-883	158	33	has	have	VERB
hassl-883	158	34	a	a	DET
hassl-883	158	35	value	value	NOUN
hassl-883	158	36	of	of	ADP
hassl-883	158	37	one	one	NUM
hassl-883	158	38	,	,	PUNCT
hassl-883	158	39	and	and	CCONJ
hassl-883	158	40	zero	zero	NUM
hassl-883	158	41	otherwise	otherwise	ADV
hassl-883	158	42	)	)	PUNCT
hassl-883	158	43	.	.	PUNCT
hassl-883	159	1	ipp	ipp	PROPN
hassl-883	159	2	regime	regime	NOUN
hassl-883	159	3	of	of	ADP
hassl-883	159	4	venture	venture	NOUN
hassl-883	159	5	.	.	PUNCT
hassl-883	160	1	this	this	DET
hassl-883	160	2	variable	variable	NOUN
hassl-883	160	3	was	be	AUX
hassl-883	160	4	extended	extend	VERB
hassl-883	160	5	from	from	ADP
hassl-883	160	6	the	the	DET
hassl-883	160	7	carnegie	carnegie	NOUN
hassl-883	160	8	mellon	mellon	PROPN
hassl-883	160	9	survey	survey	PROPN
hassl-883	160	10	(	(	PUNCT
hassl-883	160	11	cms	cms	PROPN
hassl-883	160	12	)	)	PUNCT
hassl-883	160	13	of	of	ADP
hassl-883	160	14	r&d	r&d	PROPN
hassl-883	160	15	(	(	PUNCT
hassl-883	160	16	cohen	cohen	PROPN
hassl-883	160	17	et	et	PROPN
hassl-883	160	18	al	al	PROPN
hassl-883	160	19	.	.	PROPN
hassl-883	160	20	,	,	PUNCT
hassl-883	160	21	2001	2001	NUM
hassl-883	160	22	)	)	PUNCT
hassl-883	160	23	,	,	PUNCT
hassl-883	160	24	which	which	PRON
hassl-883	160	25	gauged	gauge	VERB
hassl-883	160	26	the	the	DET
hassl-883	160	27	effectiveness	effectiveness	NOUN
hassl-883	160	28	of	of	ADP
hassl-883	160	29	patents	patent	NOUN
hassl-883	160	30	and	and	CCONJ
hassl-883	160	31	other	other	ADJ
hassl-883	160	32	mechanisms	mechanism	NOUN
hassl-883	160	33	in	in	ADP
hassl-883	160	34	protecting	protect	VERB
hassl-883	160	35	profits	profit	NOUN
hassl-883	160	36	due	due	ADP
hassl-883	160	37	to	to	ADP
hassl-883	160	38	inventions	invention	NOUN
hassl-883	160	39	in	in	ADP
hassl-883	160	40	their	their	PRON
hassl-883	160	41	industry	industry	NOUN
hassl-883	160	42	.	.	PUNCT
hassl-883	161	1	based	base	VERB
hassl-883	161	2	on	on	ADP
hassl-883	161	3	cms	cms	PROPN
hassl-883	161	4	,	,	PUNCT
hassl-883	161	5	dushnitsky	dushnitsky	ADJ
hassl-883	161	6	and	and	CCONJ
hassl-883	161	7	shaver	shaver	NOUN
hassl-883	161	8	(	(	PUNCT
hassl-883	161	9	2009	2009	NUM
hassl-883	161	10	)	)	PUNCT
hassl-883	161	11	used	use	VERB
hassl-883	161	12	the	the	DET
hassl-883	161	13	venture	venture	NOUN
hassl-883	161	14	economics	economic	NOUN
hassl-883	161	15	industry	industry	NOUN
hassl-883	161	16	codes	code	NOUN
hassl-883	161	17	(	(	PUNCT
hassl-883	161	18	veic)1	veic)1	NOUN
hassl-883	161	19	provided	provide	VERB
hassl-883	161	20	by	by	ADP
hassl-883	161	21	thomson	thomson	PROPN
hassl-883	161	22	one	one	NUM
hassl-883	161	23	.	.	PUNCT
hassl-883	162	1	following	follow	VERB
hassl-883	162	2	dushnitsky	dushnitsky	PROPN
hassl-883	162	3	&	&	CCONJ
hassl-883	162	4	shaver	shaver	PROPN
hassl-883	162	5	(	(	PUNCT
hassl-883	162	6	2009	2009	NUM
hassl-883	162	7	)	)	PUNCT
hassl-883	162	8	we	we	PRON
hassl-883	162	9	assigned	assign	VERB
hassl-883	162	10	the	the	DET
hassl-883	162	11	value	value	NOUN
hassl-883	162	12	one	one	NUM
hassl-883	162	13	for	for	ADP
hassl-883	162	14	ventures	venture	NOUN
hassl-883	162	15	in	in	ADP
hassl-883	162	16	veic	veic	ADJ
hassl-883	162	17	4000‟s	4000‟s	NUM
hassl-883	162	18	(	(	PUNCT
hassl-883	162	19	strong	strong	ADJ
hassl-883	162	20	ipp	ipp	PROPN
hassl-883	162	21	regime	regime	NOUN
hassl-883	162	22	)	)	PUNCT
hassl-883	162	23	and	and	CCONJ
hassl-883	162	24	zero	zero	NUM
hassl-883	162	25	for	for	ADP
hassl-883	162	26	ventures	venture	NOUN
hassl-883	162	27	in	in	ADP
hassl-883	162	28	veic	veic	ADJ
hassl-883	162	29	1000‟s	1000‟s	PROPN
hassl-883	162	30	(	(	PUNCT
hassl-883	162	31	weak	weak	ADJ
hassl-883	162	32	ipp	ipp	PROPN
hassl-883	162	33	regime	regime	NOUN
hassl-883	162	34	)	)	PUNCT
hassl-883	162	35	.	.	PUNCT
hassl-883	163	1	4.2.3	4.2.3	X
hassl-883	163	2	.	.	PUNCT
hassl-883	164	1	control	control	NOUN
hassl-883	164	2	variables	variable	NOUN
hassl-883	164	3	4.2.3.1	4.2.3.1	PROPN
hassl-883	164	4	.	.	PUNCT
hassl-883	164	5	cvc	cvc	PROPN
hassl-883	164	6	investor	investor	PROPN
hassl-883	164	7	characteristics	characteristic	NOUN
hassl-883	164	8	several	several	ADJ
hassl-883	164	9	variables	variable	NOUN
hassl-883	164	10	were	be	AUX
hassl-883	164	11	employed	employ	VERB
hassl-883	164	12	to	to	PART
hassl-883	164	13	control	control	VERB
hassl-883	164	14	for	for	ADP
hassl-883	164	15	cvc	cvc	NOUN
hassl-883	164	16	investor	investor	NOUN
hassl-883	164	17	characteristics	characteristic	NOUN
hassl-883	164	18	.	.	PUNCT
hassl-883	165	1	first	first	ADV
hassl-883	165	2	,	,	PUNCT
hassl-883	165	3	the	the	PRON
hassl-883	165	4	larger	large	ADJ
hassl-883	165	5	the	the	DET
hassl-883	165	6	cvc	cvc	NOUN
hassl-883	165	7	parent	parent	NOUN
hassl-883	165	8	is	be	AUX
hassl-883	165	9	,	,	PUNCT
hassl-883	165	10	the	the	PRON
hassl-883	165	11	better	well	ADJ
hassl-883	165	12	its	its	PRON
hassl-883	165	13	position	position	NOUN
hassl-883	165	14	is	be	AUX
hassl-883	165	15	to	to	PART
hassl-883	165	16	provide	provide	VERB
hassl-883	165	17	a	a	DET
hassl-883	165	18	higher	high	ADJ
hassl-883	165	19	level	level	NOUN
hassl-883	165	20	of	of	ADP
hassl-883	165	21	support	support	NOUN
hassl-883	165	22	(	(	PUNCT
hassl-883	165	23	dushnitsky	dushnitsky	PROPN
hassl-883	165	24	&	&	CCONJ
hassl-883	165	25	shaver	shaver	PROPN
hassl-883	165	26	,	,	PUNCT
hassl-883	165	27	2009	2009	NUM
hassl-883	165	28	)	)	PUNCT
hassl-883	165	29	.	.	PUNCT
hassl-883	166	1	we	we	PRON
hassl-883	166	2	measured	measure	VERB
hassl-883	166	3	„	„	PUNCT
hassl-883	166	4	the	the	DET
hassl-883	166	5	size	size	NOUN
hassl-883	166	6	of	of	ADP
hassl-883	166	7	cvc‟s	cvc‟s	NUM
hassl-883	166	8	parent	parent	NOUN
hassl-883	166	9	firm‟	firm‟	NOUN
hassl-883	166	10	as	as	ADP
hassl-883	166	11	the	the	DET
hassl-883	166	12	logarithmic	logarithmic	ADJ
hassl-883	166	13	transformation	transformation	NOUN
hassl-883	166	14	of	of	ADP
hassl-883	166	15	assets	asset	NOUN
hassl-883	166	16	(	(	PUNCT
hassl-883	166	17	in	in	ADP
hassl-883	166	18	millions	millions	NUM
hassl-883	166	19	usd	usd	NOUN
hassl-883	166	20	)	)	PUNCT
hassl-883	166	21	in	in	ADP
hassl-883	166	22	the	the	DET
hassl-883	166	23	year	year	NOUN
hassl-883	166	24	prior	prior	ADV
hassl-883	166	25	to	to	ADP
hassl-883	166	26	the	the	DET
hassl-883	166	27	focal	focal	ADJ
hassl-883	166	28	transaction	transaction	NOUN
hassl-883	166	29	(	(	PUNCT
hassl-883	166	30	t-1	t-1	PROPN
hassl-883	166	31	)	)	PUNCT
hassl-883	166	32	following	follow	VERB
hassl-883	166	33	yang	yang	PROPN
hassl-883	166	34	,	,	PUNCT
hassl-883	166	35	narayanan	narayanan	PROPN
hassl-883	166	36	,	,	PUNCT
hassl-883	166	37	and	and	CCONJ
hassl-883	166	38	zahra	zahra	NOUN
hassl-883	166	39	(	(	PUNCT
hassl-883	166	40	2009	2009	NUM
hassl-883	166	41	)	)	PUNCT
hassl-883	166	42	.	.	PUNCT
hassl-883	167	1	second	second	ADV
hassl-883	167	2	,	,	PUNCT
hassl-883	167	3	experienced	experienced	ADJ
hassl-883	167	4	cvc	cvc	NOUN
hassl-883	167	5	investors	investor	NOUN
hassl-883	167	6	are	be	AUX
hassl-883	167	7	more	more	ADV
hassl-883	167	8	capable	capable	ADJ
hassl-883	167	9	of	of	ADP
hassl-883	167	10	selecting	select	VERB
hassl-883	167	11	appropriate	appropriate	ADJ
hassl-883	167	12	target	target	NOUN
hassl-883	167	13	ventures	venture	NOUN
hassl-883	167	14	(	(	PUNCT
hassl-883	167	15	yang	yang	PROPN
hassl-883	167	16	et	et	PROPN
hassl-883	167	17	al	al	PROPN
hassl-883	167	18	.	.	PROPN
hassl-883	167	19	,	,	PUNCT
hassl-883	167	20	2009	2009	NUM
hassl-883	167	21	)	)	PUNCT
hassl-883	167	22	.	.	PUNCT
hassl-883	168	1	we	we	PRON
hassl-883	168	2	operationalized	operationalize	VERB
hassl-883	168	3	„	„	PUNCT
hassl-883	168	4	investment	investment	NOUN
hassl-883	168	5	experience	experience	NOUN
hassl-883	168	6	of	of	ADP
hassl-883	168	7	cvc‟	cvc‟	NOUN
hassl-883	168	8	as	as	ADP
hassl-883	168	9	the	the	DET
hassl-883	168	10	number	number	NOUN
hassl-883	168	11	of	of	ADP
hassl-883	168	12	years	year	NOUN
hassl-883	168	13	at	at	ADP
hassl-883	168	14	the	the	DET
hassl-883	168	15	focal	focal	ADJ
hassl-883	168	16	investment	investment	NOUN
hassl-883	168	17	from	from	ADP
hassl-883	168	18	the	the	DET
hassl-883	168	19	first	first	ADJ
hassl-883	168	20	investment	investment	NOUN
hassl-883	168	21	year	year	NOUN
hassl-883	168	22	of	of	ADP
hassl-883	168	23	each	each	DET
hassl-883	168	24	cvc	cvc	NOUN
hassl-883	168	25	program	program	NOUN
hassl-883	168	26	.	.	PUNCT
hassl-883	169	1	third	third	ADJ
hassl-883	169	2	,	,	PUNCT
hassl-883	169	3	„	„	PUNCT
hassl-883	169	4	investment	investment	NOUN
hassl-883	169	5	focus	focus	NOUN
hassl-883	169	6	of	of	ADP
hassl-883	169	7	cvc	cvc	NOUN
hassl-883	169	8	fund‟	fund‟	PROPN
hassl-883	169	9	was	be	AUX
hassl-883	169	10	added	add	VERB
hassl-883	169	11	.	.	PUNCT
hassl-883	170	1	this	this	DET
hassl-883	170	2	variable	variable	ADJ
hassl-883	170	3	denotes	denote	VERB
hassl-883	170	4	the	the	DET
hassl-883	170	5	value	value	NOUN
hassl-883	170	6	one	one	NOUN
hassl-883	170	7	if	if	SCONJ
hassl-883	170	8	the	the	DET
hassl-883	170	9	stated	state	VERB
hassl-883	170	10	or	or	CCONJ
hassl-883	170	11	derived	derive	VERB
hassl-883	170	12	investment	investment	NOUN
hassl-883	170	13	focus	focus	NOUN
hassl-883	170	14	of	of	ADP
hassl-883	170	15	the	the	DET
hassl-883	170	16	fund	fund	NOUN
hassl-883	170	17	is	be	AUX
hassl-883	170	18	„	„	PUNCT
hassl-883	170	19	early	early	ADJ
hassl-883	170	20	-	-	PUNCT
hassl-883	170	21	stage‟	stage‟	NOUN
hassl-883	170	22	and	and	CCONJ
hassl-883	170	23	zero	zero	NUM
hassl-883	170	24	otherwise	otherwise	ADV
hassl-883	170	25	.	.	PUNCT
hassl-883	171	1	in	in	ADP
hassl-883	171	2	the	the	DET
hassl-883	171	3	fourth	fourth	ADJ
hassl-883	171	4	place	place	NOUN
hassl-883	171	5	,	,	PUNCT
hassl-883	171	6	a	a	DET
hassl-883	171	7	dummy	dummy	ADJ
hassl-883	171	8	variable	variable	NOUN
hassl-883	171	9	„	„	PUNCT
hassl-883	171	10	cvc	cvc	NOUN
hassl-883	171	11	structure‟	structure‟	NOUN
hassl-883	171	12	was	be	AUX
hassl-883	171	13	added	add	VERB
hassl-883	171	14	,	,	PUNCT
hassl-883	171	15	denoting	denote	VERB
hassl-883	171	16	the	the	DET
hassl-883	171	17	value	value	NOUN
hassl-883	171	18	one	one	NOUN
hassl-883	171	19	if	if	SCONJ
hassl-883	171	20	the	the	DET
hassl-883	171	21	cvc	cvc	NOUN
hassl-883	171	22	program	program	NOUN
hassl-883	171	23	is	be	AUX
hassl-883	171	24	a	a	DET
hassl-883	171	25	wholly	wholly	ADV
hassl-883	171	26	-	-	PUNCT
hassl-883	171	27	owned	own	VERB
hassl-883	171	28	subsidiary	subsidiary	NOUN
hassl-883	171	29	and	and	CCONJ
hassl-883	171	30	zero	zero	NUM
hassl-883	171	31	otherwise	otherwise	ADV
hassl-883	171	32	.	.	PUNCT
hassl-883	172	1	the	the	DET
hassl-883	172	2	level	level	NOUN
hassl-883	172	3	of	of	ADP
hassl-883	172	4	potential	potential	ADJ
hassl-883	172	5	imitation	imitation	NOUN
hassl-883	172	6	risk	risk	NOUN
hassl-883	172	7	perceived	perceive	VERB
hassl-883	172	8	by	by	ADP
hassl-883	172	9	ventures	venture	NOUN
hassl-883	172	10	may	may	AUX
hassl-883	172	11	be	be	AUX
hassl-883	172	12	more	more	ADV
hassl-883	172	13	pronounced	pronounce	VERB
hassl-883	172	14	when	when	SCONJ
hassl-883	172	15	cvcs	cvcs	ADV
hassl-883	172	16	employ	employ	VERB
hassl-883	172	17	tighter	tight	ADJ
hassl-883	172	18	structures	structure	NOUN
hassl-883	172	19	because	because	SCONJ
hassl-883	172	20	there	there	PRON
hassl-883	172	21	would	would	AUX
hassl-883	172	22	be	be	AUX
hassl-883	172	23	more	more	ADV
hassl-883	172	24	frequent	frequent	ADJ
hassl-883	172	25	interaction	interaction	NOUN
hassl-883	172	26	with	with	ADP
hassl-883	172	27	corporate	corporate	ADJ
hassl-883	172	28	business	business	NOUN
hassl-883	172	29	units	unit	NOUN
hassl-883	172	30	(	(	PUNCT
hassl-883	172	31	dushnitsky	dushnitsky	ADJ
hassl-883	172	32	,	,	PUNCT
hassl-883	172	33	2006	2006	NUM
hassl-883	172	34	)	)	PUNCT
hassl-883	172	35	.	.	PUNCT
hassl-883	173	1	4.3	4.3	NUM
hassl-883	173	2	.	.	PUNCT
hassl-883	174	1	venture	venture	NOUN
hassl-883	174	2	characteristics	characteristic	NOUN
hassl-883	174	3	we	we	PRON
hassl-883	174	4	also	also	ADV
hassl-883	174	5	controlled	control	VERB
hassl-883	174	6	for	for	ADP
hassl-883	174	7	venture	venture	NOUN
hassl-883	174	8	characteristics	characteristic	NOUN
hassl-883	174	9	.	.	PUNCT
hassl-883	175	1	first	first	ADV
hassl-883	175	2	,	,	PUNCT
hassl-883	175	3	„	„	PUNCT
hassl-883	175	4	industry	industry	NOUN
hassl-883	175	5	relatedness	relatedness	NOUN
hassl-883	175	6	between	between	ADP
hassl-883	175	7	cvc‟s	cvc‟s	NUM
hassl-883	175	8	parent	parent	NOUN
hassl-883	175	9	and	and	CCONJ
hassl-883	175	10	venture‟	venture‟	NOUN
hassl-883	175	11	was	be	AUX
hassl-883	175	12	added	add	VERB
hassl-883	175	13	.	.	PUNCT
hassl-883	176	1	if	if	SCONJ
hassl-883	176	2	a	a	DET
hassl-883	176	3	venture	venture	NOUN
hassl-883	176	4	is	be	AUX
hassl-883	176	5	in	in	ADP
hassl-883	176	6	the	the	DET
hassl-883	176	7	same	same	ADJ
hassl-883	176	8	industry	industry	NOUN
hassl-883	176	9	as	as	ADP
hassl-883	176	10	the	the	DET
hassl-883	176	11	cvc‟s	cvc‟s	NUM
hassl-883	176	12	parent	parent	NOUN
hassl-883	176	13	firm	firm	NOUN
hassl-883	176	14	,	,	PUNCT
hassl-883	176	15	the	the	DET
hassl-883	176	16	parent	parent	NOUN
hassl-883	176	17	firm	firm	NOUN
hassl-883	176	18	is	be	AUX
hassl-883	176	19	capable	capable	ADJ
hassl-883	176	20	of	of	ADP
hassl-883	176	21	imitating	imitate	VERB
hassl-883	176	22	the	the	DET
hassl-883	176	23	venture‟s	venture‟s	ADV
hassl-883	176	24	technological	technological	ADJ
hassl-883	176	25	invention	invention	NOUN
hassl-883	176	26	(	(	PUNCT
hassl-883	176	27	dushnitsky	dushnitsky	PROPN
hassl-883	176	28	&	&	CCONJ
hassl-883	176	29	shaver	shaver	PROPN
hassl-883	176	30	,	,	PUNCT
hassl-883	176	31	2009	2009	NUM
hassl-883	176	32	)	)	PUNCT
hassl-883	176	33	.	.	PUNCT
hassl-883	177	1	the	the	DET
hassl-883	177	2	variable	variable	NOUN
hassl-883	177	3	was	be	AUX
hassl-883	177	4	constructed	construct	VERB
hassl-883	177	5	based	base	VERB
hassl-883	177	6	on	on	ADP
hassl-883	177	7	the	the	DET
hassl-883	177	8	standard	standard	ADJ
hassl-883	177	9	industry	industry	NOUN
hassl-883	177	10	codes	code	NOUN
hassl-883	177	11	(	(	PUNCT
hassl-883	177	12	sics	sic	NOUN
hassl-883	177	13	)	)	PUNCT
hassl-883	177	14	of	of	ADP
hassl-883	177	15	both	both	DET
hassl-883	177	16	parties	party	NOUN
hassl-883	177	17	.	.	PUNCT
hassl-883	178	1	we	we	PRON
hassl-883	178	2	assigned	assign	VERB
hassl-883	178	3	the	the	DET
hassl-883	178	4	value	value	NOUN
hassl-883	178	5	one	one	NOUN
hassl-883	178	6	if	if	SCONJ
hassl-883	178	7	the	the	DET
hassl-883	178	8	first	first	ADJ
hassl-883	178	9	two	two	NUM
hassl-883	178	10	digits	digit	NOUN
hassl-883	178	11	of	of	ADP
hassl-883	178	12	sics	sic	NOUN
hassl-883	178	13	were	be	AUX
hassl-883	178	14	matched	match	VERB
hassl-883	178	15	,	,	PUNCT
hassl-883	178	16	0.5	0.5	NUM
hassl-883	178	17	if	if	SCONJ
hassl-883	178	18	the	the	DET
hassl-883	178	19	first	first	ADJ
hassl-883	178	20	digit	digit	NOUN
hassl-883	178	21	was	be	AUX
hassl-883	178	22	matched	match	VERB
hassl-883	178	23	,	,	PUNCT
hassl-883	178	24	and	and	CCONJ
hassl-883	178	25	zero	zero	NUM
hassl-883	178	26	if	if	SCONJ
hassl-883	178	27	none	none	NOUN
hassl-883	178	28	was	be	AUX
hassl-883	178	29	matched	match	VERB
hassl-883	178	30	.	.	PUNCT
hassl-883	179	1	second	second	ADJ
hassl-883	179	2	,	,	PUNCT
hassl-883	179	3	„	„	PUNCT
hassl-883	179	4	venture	venture	NOUN
hassl-883	179	5	quality‟	quality‟	PROPN
hassl-883	179	6	was	be	AUX
hassl-883	179	7	added	add	VERB
hassl-883	179	8	.	.	PUNCT
hassl-883	180	1	the	the	DET
hassl-883	180	2	variable	variable	NOUN
hassl-883	180	3	equals	equal	VERB
hassl-883	180	4	one	one	NUM
hassl-883	180	5	if	if	SCONJ
hassl-883	180	6	the	the	DET
hassl-883	180	7	venture	venture	NOUN
hassl-883	180	8	went	go	VERB
hassl-883	180	9	public	public	ADJ
hassl-883	180	10	or	or	CCONJ
hassl-883	180	11	was	be	AUX
hassl-883	180	12	acquired	acquire	VERB
hassl-883	180	13	since	since	SCONJ
hassl-883	180	14	2012	2012	NUM
hassl-883	180	15	,	,	PUNCT
hassl-883	180	16	zero	zero	NUM
hassl-883	180	17	otherwise	otherwise	ADV
hassl-883	180	18	.	.	PUNCT
hassl-883	181	1	ventures	venture	NOUN
hassl-883	181	2	with	with	ADP
hassl-883	181	3	poor	poor	ADJ
hassl-883	181	4	quality	quality	NOUN
hassl-883	181	5	are	be	AUX
hassl-883	181	6	prone	prone	ADJ
hassl-883	181	7	to	to	PART
hassl-883	181	8	cvc	cvc	VERB
hassl-883	181	9	investments	investment	NOUN
hassl-883	181	10	(	(	PUNCT
hassl-883	181	11	huang	huang	PROPN
hassl-883	181	12	&	&	CCONJ
hassl-883	181	13	madhavan	madhavan	PROPN
hassl-883	181	14	,	,	PUNCT
hassl-883	181	15	2020	2020	NUM
hassl-883	181	16	)	)	PUNCT
hassl-883	181	17	.	.	PUNCT
hassl-883	182	1	finally	finally	ADV
hassl-883	182	2	,	,	PUNCT
hassl-883	182	3	we	we	PRON
hassl-883	182	4	added	add	VERB
hassl-883	182	5	the	the	DET
hassl-883	182	6	year	year	NOUN
hassl-883	182	7	dummies	dummy	NOUN
hassl-883	182	8	to	to	PART
hassl-883	182	9	control	control	VERB
hassl-883	182	10	the	the	DET
hassl-883	182	11	year	year	NOUN
hassl-883	182	12	fixed	fix	VERB
hassl-883	182	13	effect	effect	NOUN
hassl-883	182	14	.	.	PUNCT
hassl-883	183	1	table	table	NOUN
hassl-883	183	2	1	1	NUM
hassl-883	183	3	presents	present	VERB
hassl-883	183	4	the	the	DET
hassl-883	183	5	descriptive	descriptive	ADJ
hassl-883	183	6	statistics	statistic	NOUN
hassl-883	183	7	and	and	CCONJ
hassl-883	183	8	correlations	correlation	NOUN
hassl-883	183	9	between	between	ADP
hassl-883	183	10	variables	variable	NOUN
hassl-883	183	11	.	.	PUNCT
hassl-883	184	1	the	the	DET
hassl-883	184	2	average	average	ADJ
hassl-883	184	3	asset	asset	NOUN
hassl-883	184	4	of	of	ADP
hassl-883	184	5	the	the	DET
hassl-883	184	6	firms	firm	NOUN
hassl-883	184	7	that	that	PRON
hassl-883	184	8	invest	invest	VERB
hassl-883	184	9	in	in	ADP
hassl-883	184	10	u.s	u.s	PROPN
hassl-883	184	11	.	.	PROPN
hassl-883	184	12	ventures	venture	NOUN
hassl-883	184	13	in	in	ADP
hassl-883	184	14	the	the	DET
hassl-883	184	15	early	early	ADJ
hassl-883	184	16	stage	stage	NOUN
hassl-883	184	17	is	be	AUX
hassl-883	184	18	25.8	25.8	NUM
hassl-883	184	19	billion	billion	NUM
hassl-883	184	20	us	us	PROPN
hassl-883	184	21	dollars	dollar	NOUN
hassl-883	184	22	,	,	PUNCT
hassl-883	184	23	showing	show	VERB
hassl-883	184	24	that	that	SCONJ
hassl-883	184	25	the	the	DET
hassl-883	184	26	firms	firm	NOUN
hassl-883	184	27	are	be	AUX
hassl-883	184	28	generally	generally	ADV
hassl-883	184	29	large	large	ADJ
hassl-883	184	30	corporations	corporation	NOUN
hassl-883	184	31	.	.	PUNCT
hassl-883	185	1	they	they	PRON
hassl-883	185	2	have	have	VERB
hassl-883	185	3	around	around	ADV
hassl-883	185	4	11	11	NUM
hassl-883	185	5	years	year	NOUN
hassl-883	185	6	of	of	ADP
hassl-883	185	7	cvc	cvc	NOUN
hassl-883	185	8	investment	investment	NOUN
hassl-883	185	9	experience	experience	NOUN
hassl-883	185	10	on	on	ADP
hassl-883	185	11	average	average	ADJ
hassl-883	185	12	.	.	PUNCT
hassl-883	186	1	of	of	ADP
hassl-883	186	2	the	the	DET
hassl-883	186	3	cvc	cvc	NOUN
hassl-883	186	4	investments	investment	NOUN
hassl-883	186	5	66	66	NUM
hassl-883	186	6	%	%	NOUN
hassl-883	186	7	have	have	AUX
hassl-883	186	8	been	be	AUX
hassl-883	186	9	made	make	VERB
hassl-883	186	10	by	by	ADP
hassl-883	186	11	dedicated	dedicated	ADJ
hassl-883	186	12	cvc	cvc	NOUN
hassl-883	186	13	units	unit	NOUN
hassl-883	186	14	such	such	ADJ
hassl-883	186	15	as	as	ADP
hassl-883	186	16	intel	intel	PROPN
hassl-883	186	17	capital	capital	NOUN
hassl-883	186	18	.	.	PUNCT
hassl-883	187	1	these	these	DET
hassl-883	187	2	large	large	ADJ
hassl-883	187	3	corporations	corporation	NOUN
hassl-883	187	4	generally	generally	ADV
hassl-883	187	5	invest	invest	VERB
hassl-883	187	6	in	in	ADP
hassl-883	187	7	ventures	venture	NOUN
hassl-883	187	8	in	in	ADP
hassl-883	187	9	unrelated	unrelated	ADJ
hassl-883	187	10	industries	industry	NOUN
hassl-883	187	11	,	,	PUNCT
hassl-883	187	12	considering	consider	VERB
hassl-883	187	13	that	that	SCONJ
hassl-883	187	14	the	the	DET
hassl-883	187	15	average	average	ADJ
hassl-883	187	16	industry	industry	NOUN
hassl-883	187	17	relatedness	relatedness	NOUN
hassl-883	187	18	is	be	AUX
hassl-883	187	19	quite	quite	ADV
hassl-883	187	20	low	low	ADJ
hassl-883	187	21	(	(	PUNCT
hassl-883	187	22	0.295	0.295	NUM
hassl-883	187	23	)	)	PUNCT
hassl-883	187	24	.	.	PUNCT
hassl-883	188	1	in	in	ADP
hassl-883	188	2	addition	addition	NOUN
hassl-883	188	3	,	,	PUNCT
hassl-883	188	4	35	35	NUM
hassl-883	188	5	%	%	NOUN
hassl-883	188	6	of	of	ADP
hassl-883	188	7	cvc	cvc	NOUN
hassl-883	188	8	investments	investment	NOUN
hassl-883	188	9	in	in	ADP
hassl-883	188	10	the	the	DET
hassl-883	188	11	u.s	u.s	PROPN
hassl-883	188	12	.	.	PROPN
hassl-883	188	13	are	be	AUX
hassl-883	188	14	conducted	conduct	VERB
hassl-883	188	15	by	by	ADP
hassl-883	188	16	non	non	ADJ
hassl-883	188	17	-	-	ADJ
hassl-883	188	18	u.s	u.s	ADJ
hassl-883	188	19	.	.	PROPN
hassl-883	188	20	firms	firm	NOUN
hassl-883	188	21	and	and	CCONJ
hassl-883	188	22	45	45	NUM
hassl-883	188	23	%	%	NOUN
hassl-883	188	24	of	of	ADP
hassl-883	188	25	these	these	DET
hassl-883	188	26	non	non	ADJ
hassl-883	188	27	-	-	ADJ
hassl-883	188	28	u.s	u.s	PROPN
hassl-883	188	29	.	.	PROPN
hassl-883	188	30	firms	firm	NOUN
hassl-883	188	31	have	have	VERB
hassl-883	188	32	a	a	DET
hassl-883	188	33	local	local	ADJ
hassl-883	188	34	cvc	cvc	NOUN
hassl-883	188	35	unit	unit	NOUN
hassl-883	188	36	in	in	ADP
hassl-883	188	37	the	the	DET
hassl-883	188	38	u.s	u.s	PROPN
hassl-883	188	39	.	.	PROPN
hassl-883	188	40	lastly	lastly	ADV
hassl-883	188	41	,	,	PUNCT
hassl-883	188	42	„	„	PUNCT
hassl-883	188	43	non	non	ADJ
hassl-883	188	44	-	-	ADJ
hassl-883	188	45	u.s	u.s	ADJ
hassl-883	188	46	.	.	PROPN
hassl-883	188	47	parent	parent	NOUN
hassl-883	188	48	firm‟	firm‟	NOUN
hassl-883	188	49	has	have	VERB
hassl-883	188	50	high	high	ADJ
hassl-883	188	51	correlations	correlation	NOUN
hassl-883	188	52	with	with	ADP
hassl-883	188	53	„	„	PUNCT
hassl-883	188	54	non	non	ADJ
hassl-883	188	55	-	-	ADJ
hassl-883	188	56	u.s	u.s	ADJ
hassl-883	188	57	.	.	PROPN
hassl-883	188	58	parent	parent	NOUN
hassl-883	188	59	firm	firm	NOUN
hassl-883	188	60	without	without	ADP
hassl-883	188	61	local	local	ADJ
hassl-883	188	62	cvc‟	cvc‟	NOUN
hassl-883	188	63	and	and	CCONJ
hassl-883	188	64	„	„	PUNCT
hassl-883	188	65	non	non	ADJ
hassl-883	188	66	-	-	ADJ
hassl-883	188	67	u.s	u.s	ADJ
hassl-883	188	68	.	.	PROPN
hassl-883	188	69	parent	parent	NOUN
hassl-883	188	70	firm	firm	NOUN
hassl-883	188	71	with	with	ADP
hassl-883	188	72	local	local	ADJ
hassl-883	188	73	cvc‟	cvc‟	NOUN
hassl-883	188	74	variables	variable	NOUN
hassl-883	188	75	.	.	PUNCT
hassl-883	189	1	but	but	CCONJ
hassl-883	189	2	they	they	PRON
hassl-883	189	3	are	be	AUX
hassl-883	189	4	not	not	PART
hassl-883	189	5	used	use	VERB
hassl-883	189	6	in	in	ADP
hassl-883	189	7	the	the	DET
hassl-883	189	8	same	same	ADJ
hassl-883	189	9	model	model	NOUN
hassl-883	189	10	.	.	PUNCT
hassl-883	190	1	thus	thus	ADV
hassl-883	190	2	,	,	PUNCT
hassl-883	190	3	we	we	PRON
hassl-883	190	4	conclude	conclude	VERB
hassl-883	190	5	that	that	SCONJ
hassl-883	190	6	multicollinearity	multicollinearity	NOUN
hassl-883	190	7	is	be	AUX
hassl-883	190	8	not	not	PART
hassl-883	190	9	present	present	ADJ
hassl-883	190	10	in	in	ADP
hassl-883	190	11	the	the	DET
hassl-883	190	12	sample	sample	NOUN
hassl-883	190	13	.	.	PUNCT
hassl-883	191	1	1the	1the	PRON
hassl-883	191	2	primary	primary	ADJ
hassl-883	191	3	category	category	NOUN
hassl-883	191	4	of	of	ADP
hassl-883	191	5	veic	veic	PROPN
hassl-883	191	6	is	be	AUX
hassl-883	191	7	composed	compose	VERB
hassl-883	191	8	of	of	ADP
hassl-883	191	9	information	information	NOUN
hassl-883	191	10	technology	technology	NOUN
hassl-883	191	11	(	(	PUNCT
hassl-883	191	12	1000‟s	1000‟s	NUM
hassl-883	191	13	)	)	PUNCT
hassl-883	191	14	,	,	PUNCT
hassl-883	191	15	health	health	NOUN
hassl-883	191	16	/	/	SYM
hassl-883	191	17	life	life	NOUN
hassl-883	191	18	/	/	SYM
hassl-883	191	19	medical	medical	ADJ
hassl-883	191	20	science	science	NOUN
hassl-883	191	21	(	(	PUNCT
hassl-883	191	22	4000‟s	4000‟s	NUM
hassl-883	191	23	)	)	PUNCT
hassl-883	191	24	and	and	CCONJ
hassl-883	191	25	non	non	ADJ
hassl-883	191	26	-	-	ADJ
hassl-883	191	27	high	high	ADJ
hassl-883	191	28	technology	technology	NOUN
hassl-883	191	29	(	(	PUNCT
hassl-883	191	30	6000‟s	6000‟s	NUM
hassl-883	191	31	)	)	PUNCT
hassl-883	191	32	.	.	PUNCT
hassl-883	192	1	veic	veic	PROPN
hassl-883	192	2	6000‟s	6000‟s	NUM
hassl-883	192	3	were	be	AUX
hassl-883	192	4	excluded	exclude	VERB
hassl-883	192	5	from	from	ADP
hassl-883	192	6	the	the	DET
hassl-883	192	7	sample	sample	NOUN
hassl-883	192	8	and	and	CCONJ
hassl-883	192	9	were	be	AUX
hassl-883	192	10	not	not	PART
hassl-883	192	11	the	the	DET
hassl-883	192	12	focus	focus	NOUN
hassl-883	192	13	of	of	ADP
hassl-883	192	14	this	this	DET
hassl-883	192	15	research	research	NOUN
hassl-883	192	16	.	.	PUNCT
hassl-883	193	1	humanities	humanity	NOUN
hassl-883	193	2	and	and	CCONJ
hassl-883	193	3	social	social	ADJ
hassl-883	193	4	sciences	science	NOUN
hassl-883	193	5	letters	letter	NOUN
hassl-883	193	6	,	,	PUNCT
hassl-883	193	7	2021	2021	NUM
hassl-883	193	8	,	,	PUNCT
hassl-883	193	9	9(1	9(1	NUM
hassl-883	193	10	):	):	PUNCT
hassl-883	193	11	72	72	NUM
hassl-883	193	12	-	-	SYM
hassl-883	193	13	85	85	NUM
hassl-883	193	14	78	78	NUM
hassl-883	193	15	©	©	PROPN
hassl-883	193	16	2021	2021	NUM
hassl-883	193	17	conscientia	conscientia	PROPN
hassl-883	193	18	beam	beam	PROPN
hassl-883	193	19	.	.	PUNCT
hassl-883	194	1	all	all	DET
hassl-883	194	2	rights	right	NOUN
hassl-883	194	3	reserved	reserve	VERB
hassl-883	194	4	.	.	PUNCT
hassl-883	195	1	table-1	table-1	NUM
hassl-883	195	2	.	.	PUNCT
hassl-883	195	3	correlation	correlation	NOUN
hassl-883	195	4	matrix	matrix	NOUN
hassl-883	195	5	of	of	ADP
hassl-883	195	6	variables	variable	NOUN
hassl-883	195	7	and	and	CCONJ
hassl-883	195	8	descriptive	descriptive	ADJ
hassl-883	195	9	statistics	statistic	NOUN
hassl-883	195	10	variable	variable	ADJ
hassl-883	195	11	mean	mean	PROPN
hassl-883	195	12	s.d	s.d	PROPN
hassl-883	195	13	.	.	PROPN
hassl-883	195	14	1	1	NUM
hassl-883	195	15	2	2	NUM
hassl-883	195	16	3	3	NUM
hassl-883	195	17	4	4	NUM
hassl-883	195	18	5	5	NUM
hassl-883	195	19	6	6	NUM
hassl-883	195	20	7	7	NUM
hassl-883	195	21	8	8	NUM
hassl-883	195	22	9	9	NUM
hassl-883	195	23	10	10	NUM
hassl-883	195	24	11	11	NUM
hassl-883	195	25	1	1	NUM
hassl-883	195	26	.	.	PUNCT
hassl-883	195	27	stage	stage	NOUN
hassl-883	195	28	of	of	ADP
hassl-883	195	29	new	new	ADJ
hassl-883	195	30	venture	venture	NOUN
hassl-883	195	31	at	at	ADP
hassl-883	195	32	investment	investment	NOUN
hassl-883	195	33	date	date	NOUN
hassl-883	195	34	(	(	PUNCT
hassl-883	195	35	1	1	NUM
hassl-883	195	36	=	=	NOUN
hassl-883	195	37	seed	seed	NOUN
hassl-883	195	38	or	or	CCONJ
hassl-883	195	39	early	early	ADJ
hassl-883	195	40	stage	stage	NOUN
hassl-883	195	41	)	)	PUNCT
hassl-883	195	42	0.274	0.274	NUM
hassl-883	195	43	0.446	0.446	NUM
hassl-883	195	44	1.000	1.000	NUM
hassl-883	195	45	2	2	NUM
hassl-883	195	46	.	.	NOUN
hassl-883	195	47	size	size	NOUN
hassl-883	195	48	of	of	ADP
hassl-883	195	49	parent	parent	NOUN
hassl-883	195	50	firm	firm	NOUN
hassl-883	195	51	of	of	ADP
hassl-883	195	52	cvc	cvc	NOUN
hassl-883	195	53	(	(	PUNCT
hassl-883	195	54	ln	ln	ADJ
hassl-883	195	55	asset	asset	NOUN
hassl-883	195	56	)	)	PUNCT
hassl-883	195	57	10.158	10.158	NUM
hassl-883	195	58	1.452	1.452	NUM
hassl-883	195	59	-0.042†	-0.042†	NUM
hassl-883	195	60	1.000	1.000	NUM
hassl-883	195	61	3	3	NUM
hassl-883	195	62	.	.	PUNCT
hassl-883	196	1	investment	investment	NOUN
hassl-883	196	2	experience	experience	NOUN
hassl-883	196	3	of	of	ADP
hassl-883	196	4	cvc	cvc	NOUN
hassl-883	196	5	(	(	PUNCT
hassl-883	196	6	no	no	INTJ
hassl-883	196	7	.	.	NOUN
hassl-883	196	8	of	of	ADP
hassl-883	196	9	years	year	NOUN
hassl-883	196	10	from	from	ADP
hassl-883	196	11	the	the	DET
hassl-883	196	12	first	first	ADJ
hassl-883	196	13	investment	investment	NOUN
hassl-883	196	14	till	till	SCONJ
hassl-883	196	15	t-1	t-1	PROPN
hassl-883	196	16	)	)	PUNCT
hassl-883	197	1	10.757	10.757	NUM
hassl-883	197	2	6.921	6.921	NUM
hassl-883	197	3	-0.018	-0.018	NUM
hassl-883	197	4	0.303	0.303	NUM
hassl-883	197	5	*	*	PUNCT
hassl-883	197	6	*	*	PUNCT
hassl-883	197	7	*	*	PUNCT
hassl-883	197	8	1.000	1.000	NUM
hassl-883	197	9	4	4	NUM
hassl-883	197	10	.	.	PUNCT
hassl-883	197	11	investment	investment	NOUN
hassl-883	197	12	focus	focus	NOUN
hassl-883	197	13	of	of	ADP
hassl-883	197	14	cvc	cvc	NOUN
hassl-883	197	15	fund	fund	NOUN
hassl-883	197	16	(	(	PUNCT
hassl-883	197	17	1	1	NUM
hassl-883	197	18	=	=	NOUN
hassl-883	197	19	seed	seed	NOUN
hassl-883	197	20	or	or	CCONJ
hassl-883	197	21	early	early	ADJ
hassl-883	197	22	stage	stage	NOUN
hassl-883	197	23	focused	focus	VERB
hassl-883	197	24	)	)	PUNCT
hassl-883	197	25	0.208	0.208	NUM
hassl-883	197	26	0.406	0.406	NUM
hassl-883	197	27	0.111	0.111	NUM
hassl-883	197	28	*	*	PUNCT
hassl-883	197	29	*	*	PUNCT
hassl-883	197	30	*	*	PUNCT
hassl-883	197	31	-0.082	-0.082	PUNCT
hassl-883	197	32	*	*	PUNCT
hassl-883	197	33	*	*	PUNCT
hassl-883	197	34	*	*	PUNCT
hassl-883	198	1	-0.211	-0.211	PUNCT
hassl-883	198	2	*	*	PUNCT
hassl-883	198	3	*	*	PUNCT
hassl-883	198	4	*	*	PUNCT
hassl-883	198	5	1.000	1.000	NUM
hassl-883	198	6	5	5	NUM
hassl-883	198	7	.	.	PUNCT
hassl-883	198	8	cvc	cvc	NOUN
hassl-883	198	9	structure	structure	NOUN
hassl-883	198	10	(	(	PUNCT
hassl-883	198	11	1	1	NUM
hassl-883	198	12	=	=	NUM
hassl-883	198	13	dedicated	dedicated	ADJ
hassl-883	198	14	cvc	cvc	NOUN
hassl-883	198	15	unit	unit	NOUN
hassl-883	198	16	(	(	PUNCT
hassl-883	198	17	e.g.	e.g.	ADV
hassl-883	198	18	,	,	PUNCT
hassl-883	198	19	intel	intel	PROPN
hassl-883	198	20	capital	capital	NOUN
hassl-883	198	21	)	)	PUNCT
hassl-883	198	22	)	)	PUNCT
hassl-883	199	1	0.665	0.665	NUM
hassl-883	199	2	0.472	0.472	NUM
hassl-883	199	3	0.030	0.030	NUM
hassl-883	199	4	0.332	0.332	NUM
hassl-883	199	5	*	*	PUNCT
hassl-883	199	6	*	*	PUNCT
hassl-883	199	7	*	*	PUNCT
hassl-883	199	8	0.061	0.061	NUM
hassl-883	199	9	*	*	PUNCT
hassl-883	199	10	*	*	PUNCT
hassl-883	199	11	0.121	0.121	NUM
hassl-883	199	12	*	*	PUNCT
hassl-883	199	13	*	*	PUNCT
hassl-883	199	14	*	*	PUNCT
hassl-883	199	15	1.000	1.000	NUM
hassl-883	199	16	6	6	NUM
hassl-883	199	17	.	.	PUNCT
hassl-883	199	18	industry	industry	NOUN
hassl-883	199	19	relatedness	relatedness	NOUN
hassl-883	199	20	between	between	ADP
hassl-883	199	21	parent	parent	NOUN
hassl-883	199	22	firm	firm	NOUN
hassl-883	199	23	and	and	CCONJ
hassl-883	199	24	new	new	ADJ
hassl-883	199	25	venture	venture	NOUN
hassl-883	199	26	(	(	PUNCT
hassl-883	199	27	1	1	NUM
hassl-883	199	28	=	=	NUM
hassl-883	199	29	first	first	ADJ
hassl-883	199	30	2	2	NUM
hassl-883	199	31	digits	digit	NOUN
hassl-883	199	32	,	,	PUNCT
hassl-883	199	33	0.5	0.5	NUM
hassl-883	199	34	=	=	NUM
hassl-883	199	35	first	first	ADJ
hassl-883	199	36	1	1	NUM
hassl-883	199	37	digit	digit	NOUN
hassl-883	199	38	,	,	PUNCT
hassl-883	199	39	0	0	PUNCT
hassl-883	199	40	=	=	NUM
hassl-883	199	41	otherwise	otherwise	ADV
hassl-883	199	42	)	)	PUNCT
hassl-883	199	43	0.295	0.295	NUM
hassl-883	199	44	0.439	0.439	NUM
hassl-883	199	45	0.041†	0.041†	NUM
hassl-883	199	46	-0.196	-0.196	ADJ
hassl-883	199	47	*	*	PUNCT
hassl-883	199	48	*	*	PUNCT
hassl-883	199	49	*	*	PUNCT
hassl-883	199	50	-0.062	-0.062	PUNCT
hassl-883	199	51	*	*	PUNCT
hassl-883	199	52	*	*	PUNCT
hassl-883	199	53	-0.002	-0.002	PUNCT
hassl-883	199	54	-0.038†	-0.038†	ADP
hassl-883	199	55	1.000	1.000	NUM
hassl-883	199	56	7	7	NUM
hassl-883	199	57	.	.	PUNCT
hassl-883	200	1	quality	quality	NOUN
hassl-883	200	2	of	of	ADP
hassl-883	200	3	new	new	ADJ
hassl-883	200	4	venture	venture	NOUN
hassl-883	200	5	(	(	PUNCT
hassl-883	200	6	1	1	NUM
hassl-883	200	7	=	=	NOUN
hassl-883	200	8	ipo	ipo	NOUN
hassl-883	200	9	or	or	CCONJ
hassl-883	200	10	acquired	acquire	VERB
hassl-883	200	11	)	)	PUNCT
hassl-883	200	12	0.461	0.461	NUM
hassl-883	200	13	0.499	0.499	NUM
hassl-883	200	14	-0.152	-0.152	PUNCT
hassl-883	200	15	*	*	PUNCT
hassl-883	200	16	*	*	PUNCT
hassl-883	200	17	*	*	PUNCT
hassl-883	200	18	-0.028	-0.028	ADJ
hassl-883	200	19	-0.085	-0.085	PUNCT
hassl-883	200	20	*	*	PUNCT
hassl-883	200	21	*	*	PUNCT
hassl-883	200	22	*	*	PUNCT
hassl-883	200	23	-0.018	-0.018	NOUN
hassl-883	200	24	-0.046†	-0.046†	PUNCT
hassl-883	200	25	-0.043	-0.043	PUNCT
hassl-883	200	26	*	*	NOUN
hassl-883	200	27	1.000	1.000	NUM
hassl-883	200	28	8	8	NUM
hassl-883	200	29	.	.	PUNCT
hassl-883	201	1	geographic	geographic	ADJ
hassl-883	201	2	base	base	NOUN
hassl-883	201	3	of	of	ADP
hassl-883	201	4	cvc	cvc	NOUN
hassl-883	201	5	's	's	PART
hassl-883	201	6	parent	parent	NOUN
hassl-883	201	7	firm	firm	NOUN
hassl-883	201	8	(	(	PUNCT
hassl-883	201	9	1	1	NUM
hassl-883	201	10	=	=	NOUN
hassl-883	201	11	hq	hq	NOUN
hassl-883	201	12	of	of	ADP
hassl-883	201	13	parent	parent	NOUN
hassl-883	201	14	firm	firm	NOUN
hassl-883	201	15	is	be	AUX
hassl-883	201	16	non	non	ADJ
hassl-883	201	17	-	-	ADJ
hassl-883	201	18	u.s	u.s	PROPN
hassl-883	201	19	.	.	PROPN
hassl-883	201	20	)	)	PUNCT
hassl-883	202	1	0.355	0.355	NUM
hassl-883	202	2	0.479	0.479	NUM
hassl-883	202	3	-0.013	-0.013	PUNCT
hassl-883	202	4	0.089	0.089	NUM
hassl-883	202	5	*	*	PUNCT
hassl-883	202	6	*	*	PUNCT
hassl-883	202	7	*	*	PUNCT
hassl-883	202	8	-0.195	-0.195	PROPN
hassl-883	202	9	*	*	PUNCT
hassl-883	202	10	*	*	PUNCT
hassl-883	202	11	*	*	PUNCT
hassl-883	202	12	0.031	0.031	NUM
hassl-883	202	13	0.070	0.070	NUM
hassl-883	202	14	*	*	PUNCT
hassl-883	202	15	*	*	PUNCT
hassl-883	202	16	0.014	0.014	NUM
hassl-883	202	17	-0.012	-0.012	NUM
hassl-883	202	18	1.000	1.000	NUM
hassl-883	202	19	9	9	NUM
hassl-883	202	20	.	.	PUNCT
hassl-883	203	1	geographic	geographic	ADJ
hassl-883	203	2	base	base	NOUN
hassl-883	203	3	of	of	ADP
hassl-883	203	4	parent	parent	NOUN
hassl-883	203	5	firm	firm	NOUN
hassl-883	203	6	and	and	CCONJ
hassl-883	203	7	cvc	cvc	VERB
hassl-883	203	8	1	1	NUM
hassl-883	203	9	(	(	PUNCT
hassl-883	203	10	1	1	NUM
hassl-883	203	11	=	=	NOUN
hassl-883	203	12	parent	parent	NOUN
hassl-883	203	13	firm	firm	NOUN
hassl-883	203	14	of	of	ADP
hassl-883	203	15	cvc	cvc	NOUN
hassl-883	203	16	is	be	AUX
hassl-883	203	17	non	non	ADJ
hassl-883	203	18	-	-	ADJ
hassl-883	203	19	u.s	u.s	PROPN
hassl-883	203	20	.	.	PROPN
hassl-883	203	21	based	base	VERB
hassl-883	203	22	with	with	ADP
hassl-883	203	23	non	non	ADJ
hassl-883	203	24	-	-	ADJ
hassl-883	203	25	u.s	u.s	PROPN
hassl-883	203	26	.	.	PROPN
hassl-883	203	27	cvc	cvc	NOUN
hassl-883	203	28	)	)	PUNCT
hassl-883	203	29	0.193	0.193	NUM
hassl-883	203	30	0.395	0.395	NUM
hassl-883	203	31	-0.058	-0.058	PROPN
hassl-883	203	32	*	*	PUNCT
hassl-883	203	33	*	*	PUNCT
hassl-883	203	34	0.089	0.089	NUM
hassl-883	203	35	*	*	PUNCT
hassl-883	203	36	*	*	PUNCT
hassl-883	203	37	*	*	PUNCT
hassl-883	203	38	-0.204	-0.204	PUNCT
hassl-883	203	39	*	*	PUNCT
hassl-883	203	40	*	*	PUNCT
hassl-883	203	41	*	*	PUNCT
hassl-883	204	1	0.008	0.008	NUM
hassl-883	204	2	-0.102	-0.102	PUNCT
hassl-883	204	3	*	*	PUNCT
hassl-883	204	4	*	*	PUNCT
hassl-883	204	5	*	*	NOUN
hassl-883	204	6	-0.115	-0.115	PUNCT
hassl-883	204	7	*	*	PUNCT
hassl-883	204	8	*	*	PUNCT
hassl-883	204	9	*	*	PUNCT
hassl-883	204	10	0.010	0.010	NUM
hassl-883	204	11	0.661	0.661	NUM
hassl-883	204	12	*	*	PUNCT
hassl-883	204	13	*	*	PUNCT
hassl-883	204	14	*	*	PUNCT
hassl-883	204	15	1.000	1.000	NUM
hassl-883	204	16	10	10	NUM
hassl-883	204	17	.	.	PUNCT
hassl-883	205	1	geographic	geographic	ADJ
hassl-883	205	2	base	base	NOUN
hassl-883	205	3	of	of	ADP
hassl-883	205	4	parent	parent	NOUN
hassl-883	205	5	firm	firm	NOUN
hassl-883	205	6	and	and	CCONJ
hassl-883	205	7	cvc	cvc	NOUN
hassl-883	205	8	2	2	NUM
hassl-883	205	9	(	(	PUNCT
hassl-883	205	10	1	1	NUM
hassl-883	205	11	=	=	NOUN
hassl-883	205	12	parent	parent	NOUN
hassl-883	205	13	firm	firm	NOUN
hassl-883	205	14	is	be	AUX
hassl-883	205	15	non	non	ADJ
hassl-883	205	16	-	-	ADJ
hassl-883	205	17	u.s	u.s	PROPN
hassl-883	205	18	.	.	PROPN
hassl-883	205	19	based	base	VERB
hassl-883	205	20	but	but	CCONJ
hassl-883	205	21	cvc	cvc	NOUN
hassl-883	205	22	is	be	AUX
hassl-883	205	23	u.s	u.s	PROPN
hassl-883	205	24	.	.	PROPN
hassl-883	205	25	based	base	VERB
hassl-883	205	26	)	)	PUNCT
hassl-883	205	27	0.161	0.161	NUM
hassl-883	205	28	0.368	0.368	NUM
hassl-883	205	29	0.045	0.045	NUM
hassl-883	205	30	*	*	SYM
hassl-883	205	31	0.021	0.021	NUM
hassl-883	205	32	-0.034	-0.034	NOUN
hassl-883	205	33	0.032	0.032	NUM
hassl-883	205	34	0.200	0.200	NUM
hassl-883	205	35	*	*	PUNCT
hassl-883	205	36	*	*	PUNCT
hassl-883	205	37	*	*	PUNCT
hassl-883	205	38	0.141	0.141	NUM
hassl-883	205	39	*	*	PUNCT
hassl-883	205	40	*	*	PUNCT
hassl-883	205	41	*	*	PUNCT
hassl-883	205	42	-0.026	-0.026	PUNCT
hassl-883	205	43	0.591	0.591	NUM
hassl-883	205	44	*	*	PUNCT
hassl-883	205	45	*	*	PUNCT
hassl-883	205	46	*	*	PUNCT
hassl-883	205	47	-0.215	-0.215	ADJ
hassl-883	205	48	*	*	PUNCT
hassl-883	205	49	*	*	PUNCT
hassl-883	205	50	*	*	PUNCT
hassl-883	205	51	1.000	1.000	NUM
hassl-883	205	52	11	11	NUM
hassl-883	205	53	.	.	PUNCT
hassl-883	206	1	ipp	ipp	PROPN
hassl-883	206	2	regime	regime	NOUN
hassl-883	206	3	of	of	ADP
hassl-883	206	4	new	new	ADJ
hassl-883	206	5	venture	venture	NOUN
hassl-883	206	6	(	(	PUNCT
hassl-883	206	7	1	1	NUM
hassl-883	206	8	=	=	NUM
hassl-883	206	9	veic	veic	ADJ
hassl-883	206	10	4000	4000	NUM
hassl-883	206	11	's	's	PART
hassl-883	206	12	)	)	PUNCT
hassl-883	206	13	0.229	0.229	NUM
hassl-883	206	14	0.420	0.420	NUM
hassl-883	206	15	0.104	0.104	NUM
hassl-883	206	16	*	*	PUNCT
hassl-883	206	17	*	*	PUNCT
hassl-883	206	18	*	*	PUNCT
hassl-883	206	19	-0.004	-0.004	PUNCT
hassl-883	206	20	0.105	0.105	NUM
hassl-883	206	21	*	*	PUNCT
hassl-883	206	22	*	*	PUNCT
hassl-883	206	23	*	*	PROPN
hassl-883	206	24	0.016	0.016	NUM
hassl-883	206	25	-0.022	-0.022	PROPN
hassl-883	207	1	0.206	0.206	NUM
hassl-883	207	2	*	*	PUNCT
hassl-883	207	3	*	*	PUNCT
hassl-883	207	4	*	*	PUNCT
hassl-883	207	5	-0.103	-0.103	X
hassl-883	207	6	*	*	PUNCT
hassl-883	207	7	*	*	PUNCT
hassl-883	207	8	*	*	PUNCT
hassl-883	207	9	0.092	0.092	NUM
hassl-883	207	10	*	*	PUNCT
hassl-883	207	11	*	*	PUNCT
hassl-883	207	12	*	*	PUNCT
hassl-883	208	1	-0.022	-0.022	NUM
hassl-883	209	1	0.143	0.143	NUM
hassl-883	209	2	*	*	PUNCT
hassl-883	209	3	*	*	PUNCT
hassl-883	209	4	*	*	PUNCT
hassl-883	209	5	1.000	1.000	NUM
hassl-883	209	6	n	n	NOUN
hassl-883	209	7	=	=	SYM
hassl-883	209	8	2171	2171	NUM
hassl-883	209	9	†	†	X
hassl-883	209	10	p<0.1	p<0.1	PROPN
hassl-883	209	11	*	*	PUNCT
hassl-883	209	12	p<0.05	p<0.05	PROPN
hassl-883	209	13	*	*	PUNCT
hassl-883	209	14	*	*	PUNCT
hassl-883	209	15	p<0.01	p<0.01	NOUN
hassl-883	209	16	*	*	PUNCT
hassl-883	209	17	*	*	PUNCT
hassl-883	209	18	*	*	PUNCT
hassl-883	209	19	p<0.001	p<0.001	X
hassl-883	210	1	0.544	0.544	NUM
hassl-883	210	2	25797	25797	NUM
hassl-883	210	3	humanities	humanity	NOUN
hassl-883	210	4	and	and	CCONJ
hassl-883	210	5	social	social	ADJ
hassl-883	210	6	sciences	science	NOUN
hassl-883	210	7	letters	letter	NOUN
hassl-883	210	8	,	,	PUNCT
hassl-883	210	9	2021	2021	NUM
hassl-883	210	10	,	,	PUNCT
hassl-883	210	11	9(1	9(1	NUM
hassl-883	210	12	):	):	PUNCT
hassl-883	210	13	72	72	NUM
hassl-883	210	14	-	-	SYM
hassl-883	210	15	85	85	NUM
hassl-883	210	16	79	79	NUM
hassl-883	210	17	©	©	PROPN
hassl-883	210	18	2021	2021	NUM
hassl-883	210	19	conscientia	conscientia	PROPN
hassl-883	210	20	beam	beam	PROPN
hassl-883	210	21	.	.	PUNCT
hassl-883	211	1	all	all	DET
hassl-883	211	2	rights	right	NOUN
hassl-883	211	3	reserved	reserve	VERB
hassl-883	211	4	.	.	PUNCT
hassl-883	212	1	5	5	X
hassl-883	212	2	.	.	X
hassl-883	212	3	results	result	NOUN
hassl-883	212	4	we	we	PRON
hassl-883	212	5	performed	perform	VERB
hassl-883	212	6	a	a	DET
hassl-883	212	7	logit	logit	NOUN
hassl-883	212	8	regression	regression	NOUN
hassl-883	212	9	analysis	analysis	NOUN
hassl-883	212	10	with	with	ADP
hassl-883	212	11	„	„	PUNCT
hassl-883	212	12	robust‟	robust‟	ADJ
hassl-883	212	13	option	option	NOUN
hassl-883	212	14	in	in	ADP
hassl-883	212	15	stata	stata	NOUN
hassl-883	212	16	.	.	PUNCT
hassl-883	213	1	the	the	DET
hassl-883	213	2	result	result	NOUN
hassl-883	213	3	of	of	ADP
hassl-883	213	4	the	the	DET
hassl-883	213	5	analysis	analysis	NOUN
hassl-883	213	6	is	be	AUX
hassl-883	213	7	presented	present	VERB
hassl-883	213	8	in	in	ADP
hassl-883	213	9	table	table	NOUN
hassl-883	213	10	2	2	NUM
hassl-883	213	11	and	and	CCONJ
hassl-883	213	12	3	3	NUM
hassl-883	213	13	.	.	X
hassl-883	214	1	table-2	table-2	NUM
hassl-883	214	2	.	.	NOUN
hassl-883	215	1	logit	logit	PROPN
hassl-883	215	2	regression	regression	VERB
hassl-883	215	3	analysis	analysis	NOUN
hassl-883	215	4	(	(	PUNCT
hassl-883	215	5	full	full	ADJ
hassl-883	215	6	sample	sample	NOUN
hassl-883	215	7	)	)	PUNCT
hassl-883	215	8	dependent	dependent	ADJ
hassl-883	215	9	variable	variable	NOUN
hassl-883	215	10	:	:	PUNCT
hassl-883	215	11	stage	stage	NOUN
hassl-883	215	12	of	of	ADP
hassl-883	215	13	new	new	ADJ
hassl-883	215	14	venture	venture	NOUN
hassl-883	215	15	at	at	ADP
hassl-883	215	16	investment	investment	NOUN
hassl-883	215	17	date	date	NOUN
hassl-883	215	18	(	(	PUNCT
hassl-883	215	19	1=	1=	NUM
hassl-883	215	20	seed	seed	NOUN
hassl-883	215	21	or	or	CCONJ
hassl-883	215	22	early	early	ADJ
hassl-883	215	23	stage	stage	NOUN
hassl-883	215	24	)	)	PUNCT
hassl-883	215	25	full	full	ADJ
hassl-883	215	26	sample	sample	NOUN
hassl-883	215	27	variable	variable	ADJ
hassl-883	215	28	model	model	NOUN
hassl-883	215	29	1	1	NUM
hassl-883	215	30	model	model	NOUN
hassl-883	215	31	2	2	NUM
hassl-883	215	32	model	model	NOUN
hassl-883	215	33	3	3	NUM
hassl-883	215	34	year	year	NOUN
hassl-883	215	35	dummy	dummy	ADJ
hassl-883	215	36	variables	variable	NOUN
hassl-883	215	37	(	(	PUNCT
hassl-883	215	38	year	year	NOUN
hassl-883	215	39	2001	2001	NUM
hassl-883	215	40	as	as	ADP
hassl-883	215	41	base	base	NOUN
hassl-883	215	42	)	)	PUNCT
hassl-883	215	43	year	year	NOUN
hassl-883	215	44	effects	effect	NOUN
hassl-883	215	45	have	have	AUX
hassl-883	215	46	been	be	AUX
hassl-883	215	47	considered	consider	VERB
hassl-883	215	48	with	with	ADP
hassl-883	215	49	year	year	NOUN
hassl-883	215	50	dummy	dummy	ADJ
hassl-883	215	51	variables	variable	NOUN
hassl-883	215	52	size	size	NOUN
hassl-883	215	53	of	of	ADP
hassl-883	215	54	parent	parent	NOUN
hassl-883	215	55	firm	firm	NOUN
hassl-883	215	56	of	of	ADP
hassl-883	215	57	cvc	cvc	NOUN
hassl-883	215	58	(	(	PUNCT
hassl-883	215	59	ln	ln	ADJ
hassl-883	215	60	asset	asset	NOUN
hassl-883	215	61	)	)	PUNCT
hassl-883	215	62	-0.086	-0.086	NUM
hassl-883	216	1	*	*	PUNCT
hassl-883	216	2	(	(	PUNCT
hassl-883	216	3	0.038	0.038	NUM
hassl-883	216	4	)	)	PUNCT
hassl-883	216	5	-0.078	-0.078	PROPN
hassl-883	216	6	*	*	PUNCT
hassl-883	216	7	(	(	PUNCT
hassl-883	216	8	0.039	0.039	NUM
hassl-883	216	9	)	)	PUNCT
hassl-883	216	10	-0.068	-0.068	X
hassl-883	216	11	(	(	PUNCT
hassl-883	216	12	0.039	0.039	NUM
hassl-883	216	13	)	)	PUNCT
hassl-883	216	14	investment	investment	NOUN
hassl-883	216	15	experience	experience	NOUN
hassl-883	216	16	of	of	ADP
hassl-883	216	17	cvc	cvc	NOUN
hassl-883	216	18	(	(	PUNCT
hassl-883	216	19	no	no	INTJ
hassl-883	216	20	.	.	NOUN
hassl-883	216	21	of	of	ADP
hassl-883	216	22	years	year	NOUN
hassl-883	216	23	from	from	ADP
hassl-883	216	24	the	the	DET
hassl-883	216	25	first	first	ADJ
hassl-883	216	26	investment	investment	NOUN
hassl-883	216	27	till	till	SCONJ
hassl-883	216	28	t-1	t-1	PROPN
hassl-883	216	29	)	)	PUNCT
hassl-883	216	30	-0.008	-0.008	PROPN
hassl-883	216	31	(	(	PUNCT
hassl-883	216	32	0.008	0.008	NUM
hassl-883	216	33	)	)	PUNCT
hassl-883	216	34	-0.012	-0.012	PROPN
hassl-883	216	35	(	(	PUNCT
hassl-883	216	36	0.008	0.008	NUM
hassl-883	216	37	)	)	PUNCT
hassl-883	216	38	-0.014	-0.014	NOUN
hassl-883	216	39	(	(	PUNCT
hassl-883	216	40	0.008	0.008	NUM
hassl-883	216	41	)	)	PUNCT
hassl-883	216	42	investment	investment	NOUN
hassl-883	216	43	focus	focus	NOUN
hassl-883	216	44	of	of	ADP
hassl-883	216	45	cvc	cvc	NOUN
hassl-883	216	46	fund	fund	NOUN
hassl-883	216	47	(	(	PUNCT
hassl-883	216	48	1	1	NUM
hassl-883	216	49	=	=	NOUN
hassl-883	216	50	seed	seed	NOUN
hassl-883	216	51	or	or	CCONJ
hassl-883	216	52	early	early	ADJ
hassl-883	216	53	stage	stage	NOUN
hassl-883	216	54	focused	focus	VERB
hassl-883	216	55	)	)	PUNCT
hassl-883	216	56	0.464	0.464	PRON
hassl-883	216	57	*	*	PUNCT
hassl-883	216	58	*	*	PUNCT
hassl-883	216	59	*	*	PUNCT
hassl-883	216	60	(	(	PUNCT
hassl-883	216	61	0.120	0.120	NUM
hassl-883	216	62	)	)	PUNCT
hassl-883	216	63	0.458	0.458	NUM
hassl-883	216	64	*	*	PUNCT
hassl-883	216	65	*	*	PUNCT
hassl-883	216	66	*	*	PUNCT
hassl-883	216	67	(	(	PUNCT
hassl-883	216	68	0.120	0.120	NUM
hassl-883	216	69	)	)	PUNCT
hassl-883	216	70	0.462	0.462	NUM
hassl-883	216	71	*	*	PUNCT
hassl-883	216	72	*	*	PUNCT
hassl-883	216	73	*	*	PUNCT
hassl-883	216	74	(	(	PUNCT
hassl-883	216	75	0.120	0.120	NUM
hassl-883	216	76	)	)	PUNCT
hassl-883	216	77	cvc	cvc	NOUN
hassl-883	216	78	structure	structure	NOUN
hassl-883	216	79	(	(	PUNCT
hassl-883	216	80	1	1	NUM
hassl-883	216	81	=	=	NUM
hassl-883	216	82	dedicated	dedicated	ADJ
hassl-883	216	83	cvc	cvc	NOUN
hassl-883	216	84	unit	unit	NOUN
hassl-883	216	85	(	(	PUNCT
hassl-883	216	86	e.g.	e.g.	ADV
hassl-883	216	87	,	,	PUNCT
hassl-883	216	88	intel	intel	PROPN
hassl-883	216	89	capital	capital	NOUN
hassl-883	216	90	)	)	PUNCT
hassl-883	216	91	)	)	PUNCT
hassl-883	216	92	0.117	0.117	NUM
hassl-883	216	93	(	(	PUNCT
hassl-883	216	94	0.115	0.115	NUM
hassl-883	216	95	)	)	PUNCT
hassl-883	216	96	0.128	0.128	NUM
hassl-883	216	97	(	(	PUNCT
hassl-883	216	98	0.116	0.116	NUM
hassl-883	216	99	)	)	PUNCT
hassl-883	217	1	0.069	0.069	NUM
hassl-883	217	2	(	(	PUNCT
hassl-883	217	3	0.118	0.118	NUM
hassl-883	217	4	)	)	PUNCT
hassl-883	217	5	industry	industry	NOUN
hassl-883	217	6	relatedness	relatedness	NOUN
hassl-883	217	7	between	between	ADP
hassl-883	217	8	parent	parent	NOUN
hassl-883	217	9	firm	firm	NOUN
hassl-883	217	10	and	and	CCONJ
hassl-883	217	11	new	new	ADJ
hassl-883	217	12	venture	venture	NOUN
hassl-883	217	13	0.015	0.015	NUM
hassl-883	217	14	(	(	PUNCT
hassl-883	217	15	0.115	0.115	NUM
hassl-883	217	16	)	)	PUNCT
hassl-883	217	17	0.018	0.018	NUM
hassl-883	217	18	(	(	PUNCT
hassl-883	217	19	0.115	0.115	NUM
hassl-883	217	20	)	)	PUNCT
hassl-883	217	21	-0.024	-0.024	PUNCT
hassl-883	217	22	(	(	PUNCT
hassl-883	217	23	0.116	0.116	NUM
hassl-883	217	24	)	)	PUNCT
hassl-883	217	25	quality	quality	NOUN
hassl-883	217	26	of	of	ADP
hassl-883	217	27	new	new	ADJ
hassl-883	217	28	venture	venture	NOUN
hassl-883	217	29	(	(	PUNCT
hassl-883	217	30	1	1	NUM
hassl-883	217	31	=	=	NOUN
hassl-883	217	32	ipo	ipo	NOUN
hassl-883	217	33	or	or	CCONJ
hassl-883	217	34	acquired	acquire	VERB
hassl-883	217	35	)	)	PUNCT
hassl-883	217	36	-0.522	-0.522	PUNCT
hassl-883	218	1	*	*	PUNCT
hassl-883	218	2	*	*	PUNCT
hassl-883	218	3	*	*	PUNCT
hassl-883	218	4	(	(	PUNCT
hassl-883	218	5	0.110	0.110	NUM
hassl-883	218	6	)	)	PUNCT
hassl-883	218	7	-0.522	-0.522	PUNCT
hassl-883	219	1	*	*	PUNCT
hassl-883	219	2	*	*	PUNCT
hassl-883	219	3	*	*	PUNCT
hassl-883	219	4	(	(	PUNCT
hassl-883	219	5	0.110	0.110	NUM
hassl-883	219	6	)	)	PUNCT
hassl-883	219	7	-0.527	-0.527	PUNCT
hassl-883	220	1	*	*	PUNCT
hassl-883	220	2	*	*	PUNCT
hassl-883	220	3	*	*	PUNCT
hassl-883	220	4	(	(	PUNCT
hassl-883	220	5	0.111	0.111	NUM
hassl-883	220	6	)	)	PUNCT
hassl-883	220	7	ipp	ipp	PROPN
hassl-883	220	8	regime	regime	NOUN
hassl-883	220	9	(	(	PUNCT
hassl-883	220	10	1	1	NUM
hassl-883	220	11	=	=	NUM
hassl-883	220	12	strong	strong	ADJ
hassl-883	220	13	ipp	ipp	NOUN
hassl-883	220	14	regime	regime	NOUN
hassl-883	220	15	,	,	PUNCT
hassl-883	220	16	veic	veic	ADJ
hassl-883	220	17	4000	4000	NUM
hassl-883	220	18	's	's	PART
hassl-883	220	19	)	)	PUNCT
hassl-883	220	20	0.425	0.425	NUM
hassl-883	220	21	*	*	PUNCT
hassl-883	220	22	*	*	PUNCT
hassl-883	220	23	*	*	PUNCT
hassl-883	220	24	(	(	PUNCT
hassl-883	220	25	0.115	0.115	NUM
hassl-883	220	26	)	)	PUNCT
hassl-883	220	27	0.446	0.446	NUM
hassl-883	220	28	*	*	PUNCT
hassl-883	221	1	*	*	PUNCT
hassl-883	221	2	*	*	PUNCT
hassl-883	221	3	(	(	PUNCT
hassl-883	221	4	0.116	0.116	NUM
hassl-883	221	5	)	)	PUNCT
hassl-883	221	6	0.430	0.430	NUM
hassl-883	221	7	*	*	PUNCT
hassl-883	221	8	*	*	PUNCT
hassl-883	221	9	*	*	PUNCT
hassl-883	221	10	(	(	PUNCT
hassl-883	221	11	0.116	0.116	NUM
hassl-883	221	12	)	)	PUNCT
hassl-883	221	13	constant	constant	ADJ
hassl-883	221	14	-0.324	-0.324	NUM
hassl-883	221	15	(	(	PUNCT
hassl-883	221	16	0.370	0.370	NUM
hassl-883	221	17	)	)	PUNCT
hassl-883	221	18	-0.333	-0.333	ADV
hassl-883	221	19	(	(	PUNCT
hassl-883	221	20	0.371	0.371	NUM
hassl-883	221	21	)	)	PUNCT
hassl-883	221	22	-0.349	-0.349	PUNCT
hassl-883	221	23	(	(	PUNCT
hassl-883	221	24	0.374	0.374	NUM
hassl-883	221	25	)	)	PUNCT
hassl-883	221	26	geographic	geographic	ADJ
hassl-883	221	27	base	base	NOUN
hassl-883	221	28	of	of	ADP
hassl-883	221	29	cvc	cvc	NOUN
hassl-883	221	30	's	's	PART
hassl-883	221	31	parent	parent	NOUN
hassl-883	221	32	firm	firm	NOUN
hassl-883	221	33	(	(	PUNCT
hassl-883	221	34	1	1	NUM
hassl-883	221	35	=	=	NOUN
hassl-883	221	36	hq	hq	NOUN
hassl-883	221	37	of	of	ADP
hassl-883	221	38	parent	parent	NOUN
hassl-883	221	39	firm	firm	NOUN
hassl-883	221	40	is	be	AUX
hassl-883	221	41	non	non	ADJ
hassl-883	221	42	-	-	ADJ
hassl-883	221	43	u.s	u.s	PROPN
hassl-883	221	44	.	.	PROPN
hassl-883	221	45	)	)	PUNCT
hassl-883	222	1	-0.172	-0.172	PRON
hassl-883	222	2	(	(	PUNCT
hassl-883	222	3	0.111	0.111	NUM
hassl-883	222	4	)	)	PUNCT
hassl-883	222	5	geographic	geographic	ADJ
hassl-883	222	6	base	base	NOUN
hassl-883	222	7	of	of	ADP
hassl-883	222	8	parent	parent	NOUN
hassl-883	222	9	firm	firm	NOUN
hassl-883	222	10	and	and	CCONJ
hassl-883	222	11	cvc	cvc	VERB
hassl-883	222	12	1	1	NUM
hassl-883	222	13	(	(	PUNCT
hassl-883	222	14	1	1	NUM
hassl-883	222	15	=	=	NOUN
hassl-883	222	16	parent	parent	NOUN
hassl-883	222	17	firm	firm	NOUN
hassl-883	222	18	of	of	ADP
hassl-883	222	19	cvc	cvc	NOUN
hassl-883	222	20	is	be	AUX
hassl-883	222	21	non	non	ADJ
hassl-883	222	22	-	-	ADJ
hassl-883	222	23	u.s	u.s	PROPN
hassl-883	222	24	.	.	PROPN
hassl-883	222	25	based	base	VERB
hassl-883	222	26	with	with	ADP
hassl-883	222	27	non	non	ADJ
hassl-883	222	28	-	-	ADJ
hassl-883	222	29	u.s	u.s	PROPN
hassl-883	222	30	.	.	PROPN
hassl-883	222	31	cvc	cvc	NOUN
hassl-883	222	32	)	)	PUNCT
hassl-883	223	1	-0.374	-0.374	VERB
hassl-883	223	2	*	*	PUNCT
hassl-883	223	3	*	*	PUNCT
hassl-883	223	4	(	(	PUNCT
hassl-883	223	5	0.144	0.144	NUM
hassl-883	223	6	)	)	PUNCT
hassl-883	223	7	geographic	geographic	ADJ
hassl-883	223	8	base	base	NOUN
hassl-883	223	9	of	of	ADP
hassl-883	223	10	parent	parent	NOUN
hassl-883	223	11	firm	firm	NOUN
hassl-883	223	12	and	and	CCONJ
hassl-883	223	13	cvc	cvc	NOUN
hassl-883	223	14	2	2	NUM
hassl-883	223	15	(	(	PUNCT
hassl-883	223	16	1	1	NUM
hassl-883	223	17	=	=	NOUN
hassl-883	223	18	parent	parent	NOUN
hassl-883	223	19	firm	firm	NOUN
hassl-883	223	20	is	be	AUX
hassl-883	223	21	non	non	ADJ
hassl-883	223	22	-	-	ADJ
hassl-883	223	23	u.s	u.s	PROPN
hassl-883	223	24	.	.	PROPN
hassl-883	223	25	based	base	VERB
hassl-883	223	26	but	but	CCONJ
hassl-883	223	27	cvc	cvc	NOUN
hassl-883	223	28	is	be	AUX
hassl-883	223	29	u.s	u.s	PROPN
hassl-883	223	30	.	.	PROPN
hassl-883	223	31	based	base	VERB
hassl-883	223	32	)	)	PUNCT
hassl-883	223	33	0.037	0.037	NUM
hassl-883	223	34	(	(	PUNCT
hassl-883	223	35	0.139	0.139	NUM
hassl-883	223	36	)	)	PUNCT
hassl-883	223	37	number	number	NOUN
hassl-883	223	38	of	of	ADP
hassl-883	223	39	observations	observation	NOUN
hassl-883	223	40	2171	2171	NUM
hassl-883	223	41	2171	2171	NUM
hassl-883	223	42	2171	2171	NUM
hassl-883	224	1	wald	wald	X
hassl-883	224	2	chi	chi	PROPN
hassl-883	224	3	-	-	PUNCT
hassl-883	224	4	square	square	NOUN
hassl-883	224	5	113.85	113.85	NUM
hassl-883	224	6	*	*	PUNCT
hassl-883	224	7	*	*	PUNCT
hassl-883	224	8	*	*	PUNCT
hassl-883	224	9	116.63	116.63	NUM
hassl-883	224	10	*	*	PUNCT
hassl-883	224	11	*	*	PUNCT
hassl-883	224	12	*	*	PUNCT
hassl-883	225	1	120.90	120.90	NUM
hassl-883	225	2	*	*	PUNCT
hassl-883	225	3	*	*	PUNCT
hassl-883	225	4	*	*	PUNCT
hassl-883	225	5	log	log	NOUN
hassl-883	225	6	pseudo	pseudo	NOUN
hassl-883	225	7	likelihood	likelihood	NOUN
hassl-883	226	1	-1214.04	-1214.04	PROPN
hassl-883	226	2	-1212.81	-1212.81	PROPN
hassl-883	226	3	-1210.13	-1210.13	NUM
hassl-883	226	4	pseudo	pseudo	NOUN
hassl-883	226	5	r2	r2	PROPN
hassl-883	226	6	0.048	0.048	NUM
hassl-883	226	7	0.049	0.049	NUM
hassl-883	226	8	0.051	0.051	NUM
hassl-883	226	9	†	†	X
hassl-883	226	10	p<0.1	p<0.1	PROPN
hassl-883	226	11	*	*	PUNCT
hassl-883	226	12	p<0.05	p<0.05	PROPN
hassl-883	226	13	*	*	PUNCT
hassl-883	226	14	*	*	PUNCT
hassl-883	226	15	p<0.01	p<0.01	NOUN
hassl-883	226	16	*	*	PUNCT
hassl-883	226	17	*	*	PUNCT
hassl-883	226	18	*	*	PUNCT
hassl-883	226	19	p<0.001	p<0.001	X
hassl-883	227	1	※	※	X
hassl-883	227	2	the	the	DET
hassl-883	227	3	base	base	NOUN
hassl-883	227	4	case	case	NOUN
hassl-883	227	5	of	of	ADP
hassl-883	227	6	'	'	PUNCT
hassl-883	227	7	geographic	geographic	ADJ
hassl-883	227	8	base	base	NOUN
hassl-883	227	9	of	of	ADP
hassl-883	227	10	established	establish	VERB
hassl-883	227	11	firm	firm	NOUN
hassl-883	227	12	1	1	NUM
hassl-883	227	13	&	&	CCONJ
hassl-883	227	14	2	2	NUM
hassl-883	227	15	'	'	PART
hassl-883	227	16	variables	variable	NOUN
hassl-883	227	17	are	be	AUX
hassl-883	227	18	u.s	u.s	PROPN
hassl-883	227	19	.	.	PROPN
hassl-883	227	20	based	base	VERB
hassl-883	227	21	established	establish	VERB
hassl-883	227	22	firms	firm	NOUN
hassl-883	227	23	with	with	ADP
hassl-883	227	24	u.s	u.s	PROPN
hassl-883	227	25	.	.	PROPN
hassl-883	227	26	based	base	VERB
hassl-883	227	27	cvc	cvc	NOUN
hassl-883	227	28	(	(	PUNCT
hassl-883	227	29	u.s	u.s	PROPN
hassl-883	227	30	.	.	PROPN
hassl-883	227	31	based	base	VERB
hassl-883	227	32	established	establish	VERB
hassl-883	227	33	firms	firm	NOUN
hassl-883	227	34	with	with	ADP
hassl-883	227	35	non	non	ADJ
hassl-883	227	36	-	-	ADJ
hassl-883	227	37	u.s	u.s	PROPN
hassl-883	227	38	.	.	PROPN
hassl-883	227	39	based	base	VERB
hassl-883	227	40	cvc	cvc	NOUN
hassl-883	227	41	are	be	AUX
hassl-883	227	42	negligible	negligible	ADJ
hassl-883	227	43	,	,	PUNCT
hassl-883	227	44	thus	thus	ADV
hassl-883	227	45	excluded	exclude	VERB
hassl-883	227	46	from	from	ADP
hassl-883	227	47	the	the	DET
hassl-883	227	48	analysis	analysis	NOUN
hassl-883	227	49	)	)	PUNCT
hassl-883	227	50	h1	h1	PROPN
hassl-883	227	51	:	:	PUNCT
hassl-883	227	52	an	an	DET
hassl-883	227	53	early	early	ADJ
hassl-883	227	54	-	-	PUNCT
hassl-883	227	55	stage	stage	NOUN
hassl-883	227	56	cvc	cvc	NOUN
hassl-883	227	57	-	-	PUNCT
hassl-883	227	58	entrepreneur	entrepreneur	NOUN
hassl-883	227	59	investment	investment	NOUN
hassl-883	227	60	relationship	relationship	NOUN
hassl-883	227	61	is	be	AUX
hassl-883	227	62	less	less	ADV
hassl-883	227	63	likely	likely	ADJ
hassl-883	227	64	to	to	PART
hassl-883	227	65	materialize	materialize	VERB
hassl-883	227	66	when	when	SCONJ
hassl-883	227	67	the	the	DET
hassl-883	227	68	parent	parent	NOUN
hassl-883	227	69	of	of	ADP
hassl-883	227	70	cvc	cvc	NOUN
hassl-883	227	71	is	be	AUX
hassl-883	227	72	non	non	ADJ
hassl-883	227	73	-	-	ADJ
hassl-883	227	74	u.s	u.s	PROPN
hassl-883	227	75	.	.	PROPN
hassl-883	227	76	based	base	VERB
hassl-883	227	77	model	model	NOUN
hassl-883	227	78	1	1	NUM
hassl-883	227	79	in	in	ADP
hassl-883	227	80	table	table	NOUN
hassl-883	228	1	2	2	NUM
hassl-883	228	2	presents	present	VERB
hassl-883	228	3	the	the	DET
hassl-883	228	4	base	base	NOUN
hassl-883	228	5	model	model	NOUN
hassl-883	228	6	,	,	PUNCT
hassl-883	228	7	only	only	ADV
hassl-883	228	8	with	with	ADP
hassl-883	228	9	control	control	NOUN
hassl-883	228	10	variables	variable	NOUN
hassl-883	228	11	.	.	PUNCT
hassl-883	229	1	the	the	DET
hassl-883	229	2	coefficient	coefficient	NOUN
hassl-883	229	3	of	of	ADP
hassl-883	229	4	„	„	PUNCT
hassl-883	229	5	size	size	NOUN
hassl-883	229	6	of	of	ADP
hassl-883	229	7	cvc‟s	cvc‟s	NUM
hassl-883	229	8	parent	parent	NOUN
hassl-883	229	9	firm‟	firm‟	NOUN
hassl-883	229	10	is	be	AUX
hassl-883	229	11	negative	negative	ADJ
hassl-883	229	12	and	and	CCONJ
hassl-883	229	13	significant	significant	ADJ
hassl-883	229	14	(	(	PUNCT
hassl-883	229	15	-0.086	-0.086	NOUN
hassl-883	229	16	,	,	PUNCT
hassl-883	229	17	p<0.05	p<0.05	NOUN
hassl-883	229	18	)	)	PUNCT
hassl-883	229	19	,	,	PUNCT
hassl-883	229	20	implying	imply	VERB
hassl-883	229	21	that	that	SCONJ
hassl-883	229	22	larger	large	ADJ
hassl-883	229	23	firms	firm	NOUN
hassl-883	229	24	with	with	ADP
hassl-883	229	25	their	their	PRON
hassl-883	229	26	abundant	abundant	ADJ
hassl-883	229	27	financial	financial	ADJ
hassl-883	229	28	resources	resource	NOUN
hassl-883	229	29	are	be	AUX
hassl-883	229	30	less	less	ADV
hassl-883	229	31	likely	likely	ADJ
hassl-883	229	32	to	to	PART
hassl-883	229	33	invest	invest	VERB
hassl-883	229	34	in	in	ADP
hassl-883	229	35	early	early	ADJ
hassl-883	229	36	-	-	PUNCT
hassl-883	229	37	stage	stage	NOUN
hassl-883	229	38	ventures	venture	NOUN
hassl-883	229	39	.	.	PUNCT
hassl-883	230	1	the	the	DET
hassl-883	230	2	variable	variable	ADJ
hassl-883	230	3	„	„	PUNCT
hassl-883	230	4	investment	investment	NOUN
hassl-883	230	5	focus	focus	NOUN
hassl-883	230	6	of	of	ADP
hassl-883	230	7	cvc	cvc	NOUN
hassl-883	230	8	fund‟	fund‟	PROPN
hassl-883	230	9	is	be	AUX
hassl-883	230	10	positive	positive	ADJ
hassl-883	230	11	and	and	CCONJ
hassl-883	230	12	significant	significant	ADJ
hassl-883	230	13	(	(	PUNCT
hassl-883	230	14	0.464	0.464	NUM
hassl-883	230	15	,	,	PUNCT
hassl-883	230	16	p<0.001	p<0.001	PROPN
hassl-883	230	17	)	)	PUNCT
hassl-883	230	18	,	,	PUNCT
hassl-883	230	19	meaning	mean	VERB
hassl-883	230	20	that	that	SCONJ
hassl-883	230	21	established	establish	VERB
hassl-883	230	22	firms	firm	NOUN
hassl-883	230	23	invest	invest	VERB
hassl-883	230	24	in	in	ADP
hassl-883	230	25	early	early	ADJ
hassl-883	230	26	-	-	PUNCT
hassl-883	230	27	stage	stage	NOUN
hassl-883	230	28	ventures	venture	NOUN
hassl-883	230	29	with	with	ADP
hassl-883	230	30	a	a	DET
hassl-883	230	31	purpose	purpose	NOUN
hassl-883	230	32	.	.	PUNCT
hassl-883	231	1	yet	yet	ADV
hassl-883	231	2	,	,	PUNCT
hassl-883	231	3	„	„	PUNCT
hassl-883	231	4	venture	venture	NOUN
hassl-883	231	5	quality‟	quality‟	PROPN
hassl-883	231	6	is	be	AUX
hassl-883	231	7	negative	negative	ADJ
hassl-883	231	8	and	and	CCONJ
hassl-883	231	9	significant	significant	ADJ
hassl-883	231	10	(	(	PUNCT
hassl-883	231	11	-0.522	-0.522	NOUN
hassl-883	231	12	,	,	PUNCT
hassl-883	231	13	p<0.001	p<0.001	PROPN
hassl-883	231	14	)	)	PUNCT
hassl-883	231	15	.	.	PUNCT
hassl-883	232	1	this	this	PRON
hassl-883	232	2	represents	represent	VERB
hassl-883	232	3	the	the	DET
hassl-883	232	4	fact	fact	NOUN
hassl-883	232	5	that	that	SCONJ
hassl-883	232	6	that	that	SCONJ
hassl-883	232	7	high	high	ADJ
hassl-883	232	8	-	-	PUNCT
hassl-883	232	9	quality	quality	NOUN
hassl-883	232	10	ventures	venture	NOUN
hassl-883	232	11	are	be	AUX
hassl-883	232	12	less	less	ADV
hassl-883	232	13	attractive	attractive	ADJ
hassl-883	232	14	to	to	PART
hassl-883	232	15	cvc	cvc	VERB
hassl-883	232	16	investment	investment	NOUN
hassl-883	232	17	in	in	ADP
hassl-883	232	18	the	the	DET
hassl-883	232	19	early	early	ADJ
hassl-883	232	20	stage	stage	NOUN
hassl-883	232	21	than	than	SCONJ
hassl-883	232	22	they	they	PRON
hassl-883	232	23	are	be	AUX
hassl-883	232	24	in	in	ADP
hassl-883	232	25	the	the	DET
hassl-883	232	26	later	later	ADJ
hassl-883	232	27	stage	stage	NOUN
hassl-883	232	28	,	,	PUNCT
hassl-883	232	29	consistent	consistent	ADJ
hassl-883	232	30	with	with	ADP
hassl-883	232	31	humanities	humanity	NOUN
hassl-883	232	32	and	and	CCONJ
hassl-883	232	33	social	social	ADJ
hassl-883	232	34	sciences	science	NOUN
hassl-883	232	35	letters	letter	NOUN
hassl-883	232	36	,	,	PUNCT
hassl-883	232	37	2021	2021	NUM
hassl-883	232	38	,	,	PUNCT
hassl-883	232	39	9(1	9(1	NUM
hassl-883	232	40	):	):	PUNCT
hassl-883	232	41	72	72	NUM
hassl-883	232	42	-	-	SYM
hassl-883	232	43	85	85	NUM
hassl-883	232	44	80	80	NUM
hassl-883	232	45	©	©	PROPN
hassl-883	232	46	2021	2021	NUM
hassl-883	232	47	conscientia	conscientia	PROPN
hassl-883	232	48	beam	beam	PROPN
hassl-883	232	49	.	.	PUNCT
hassl-883	233	1	all	all	DET
hassl-883	233	2	rights	right	NOUN
hassl-883	233	3	reserved	reserve	VERB
hassl-883	233	4	.	.	PUNCT
hassl-883	234	1	the	the	DET
hassl-883	234	2	perspective	perspective	NOUN
hassl-883	234	3	that	that	PRON
hassl-883	234	4	considers	consider	VERB
hassl-883	234	5	cvc	cvc	VERB
hassl-883	234	6	to	to	PART
hassl-883	234	7	be	be	AUX
hassl-883	234	8	„	„	PUNCT
hassl-883	234	9	dumb	dumb	ADJ
hassl-883	234	10	money‟	money‟	NOUN
hassl-883	234	11	(	(	PUNCT
hassl-883	234	12	huang	huang	PROPN
hassl-883	234	13	&	&	CCONJ
hassl-883	234	14	madhavan	madhavan	PROPN
hassl-883	234	15	,	,	PUNCT
hassl-883	234	16	2020	2020	NUM
hassl-883	234	17	)	)	PUNCT
hassl-883	234	18	.	.	PUNCT
hassl-883	235	1	lastly	lastly	ADV
hassl-883	235	2	,	,	PUNCT
hassl-883	235	3	the	the	DET
hassl-883	235	4	coefficient	coefficient	NOUN
hassl-883	235	5	of	of	ADP
hassl-883	235	6	„	„	PUNCT
hassl-883	235	7	ipp	ipp	PROPN
hassl-883	235	8	regime‟	regime‟	PROPN
hassl-883	235	9	is	be	AUX
hassl-883	235	10	positive	positive	ADJ
hassl-883	235	11	and	and	CCONJ
hassl-883	235	12	strongly	strongly	ADV
hassl-883	235	13	significant	significant	ADJ
hassl-883	235	14	(	(	PUNCT
hassl-883	235	15	0.425	0.425	NUM
hassl-883	235	16	,	,	PUNCT
hassl-883	235	17	p<0.001	p<0.001	PROPN
hassl-883	235	18	)	)	PUNCT
hassl-883	235	19	.	.	PUNCT
hassl-883	236	1	this	this	PRON
hassl-883	236	2	implies	imply	VERB
hassl-883	236	3	that	that	SCONJ
hassl-883	236	4	ventures	venture	NOUN
hassl-883	236	5	under	under	ADP
hassl-883	236	6	a	a	DET
hassl-883	236	7	strong	strong	ADJ
hassl-883	236	8	ipp	ipp	NOUN
hassl-883	236	9	regime	regime	NOUN
hassl-883	236	10	are	be	AUX
hassl-883	236	11	more	more	ADV
hassl-883	236	12	likely	likely	ADJ
hassl-883	236	13	to	to	PART
hassl-883	236	14	receive	receive	VERB
hassl-883	236	15	cvc	cvc	NOUN
hassl-883	236	16	investment	investment	NOUN
hassl-883	236	17	in	in	ADP
hassl-883	236	18	the	the	DET
hassl-883	236	19	early	early	ADJ
hassl-883	236	20	stage	stage	NOUN
hassl-883	236	21	because	because	SCONJ
hassl-883	236	22	they	they	PRON
hassl-883	236	23	have	have	VERB
hassl-883	236	24	an	an	DET
hassl-883	236	25	effective	effective	ADJ
hassl-883	236	26	defense	defense	NOUN
hassl-883	236	27	against	against	ADP
hassl-883	236	28	technology	technology	NOUN
hassl-883	236	29	imitation	imitation	NOUN
hassl-883	236	30	(	(	PUNCT
hassl-883	236	31	dushnitsky	dushnitsky	PROPN
hassl-883	236	32	&	&	CCONJ
hassl-883	236	33	shaver	shaver	PROPN
hassl-883	236	34	,	,	PUNCT
hassl-883	236	35	2009	2009	NUM
hassl-883	236	36	)	)	PUNCT
hassl-883	236	37	.	.	PUNCT
hassl-883	237	1	table-3	table-3	NUM
hassl-883	237	2	.	.	PUNCT
hassl-883	238	1	logit	logit	PROPN
hassl-883	238	2	regression	regression	VERB
hassl-883	238	3	analysis	analysis	NOUN
hassl-883	238	4	(	(	PUNCT
hassl-883	238	5	split	split	NOUN
hassl-883	238	6	sample	sample	NOUN
hassl-883	238	7	)	)	PUNCT
hassl-883	238	8	dependent	dependent	ADJ
hassl-883	238	9	variable	variable	NOUN
hassl-883	238	10	:	:	PUNCT
hassl-883	238	11	stage	stage	NOUN
hassl-883	238	12	of	of	ADP
hassl-883	238	13	new	new	ADJ
hassl-883	238	14	venture	venture	NOUN
hassl-883	238	15	at	at	ADP
hassl-883	238	16	investment	investment	NOUN
hassl-883	238	17	date	date	NOUN
hassl-883	238	18	(	(	PUNCT
hassl-883	238	19	1=	1=	NUM
hassl-883	238	20	seed	seed	NOUN
hassl-883	238	21	or	or	CCONJ
hassl-883	238	22	early	early	ADJ
hassl-883	238	23	stage	stage	NOUN
hassl-883	238	24	)	)	PUNCT
hassl-883	238	25	weak	weak	ADJ
hassl-883	238	26	ipp	ipp	PROPN
hassl-883	238	27	regime	regime	NOUN
hassl-883	238	28	(	(	PUNCT
hassl-883	238	29	veic=1000	veic=1000	PROPN
hassl-883	238	30	's	's	PART
hassl-883	238	31	)	)	PUNCT
hassl-883	238	32	strong	strong	ADJ
hassl-883	238	33	ipp	ipp	PROPN
hassl-883	238	34	regime	regime	NOUN
hassl-883	238	35	(	(	PUNCT
hassl-883	238	36	veic=4000	veic=4000	NOUN
hassl-883	238	37	's	's	PART
hassl-883	238	38	)	)	PUNCT
hassl-883	238	39	variable	variable	ADJ
hassl-883	238	40	model	model	NOUN
hassl-883	238	41	4	4	NUM
hassl-883	238	42	model	model	NOUN
hassl-883	238	43	5	5	NUM
hassl-883	238	44	model	model	NOUN
hassl-883	238	45	6	6	NUM
hassl-883	238	46	model	model	NOUN
hassl-883	238	47	7	7	NUM
hassl-883	238	48	model	model	NOUN
hassl-883	238	49	8	8	NUM
hassl-883	238	50	model	model	NOUN
hassl-883	238	51	9	9	NUM
hassl-883	238	52	year	year	NOUN
hassl-883	238	53	dummy	dummy	ADJ
hassl-883	238	54	variables	variable	NOUN
hassl-883	238	55	(	(	PUNCT
hassl-883	238	56	year	year	NOUN
hassl-883	238	57	2001	2001	NUM
hassl-883	238	58	as	as	ADP
hassl-883	238	59	base	base	NOUN
hassl-883	238	60	)	)	PUNCT
hassl-883	239	1	year	year	NOUN
hassl-883	239	2	effects	effect	NOUN
hassl-883	239	3	have	have	AUX
hassl-883	239	4	been	be	AUX
hassl-883	239	5	considered	consider	VERB
hassl-883	239	6	with	with	ADP
hassl-883	239	7	year	year	NOUN
hassl-883	239	8	dummy	dummy	ADJ
hassl-883	239	9	variables	variable	NOUN
hassl-883	239	10	size	size	NOUN
hassl-883	239	11	of	of	ADP
hassl-883	239	12	parent	parent	NOUN
hassl-883	239	13	firm	firm	NOUN
hassl-883	239	14	of	of	ADP
hassl-883	239	15	cvc	cvc	NOUN
hassl-883	239	16	(	(	PUNCT
hassl-883	239	17	ln	ln	ADJ
hassl-883	239	18	asset	asset	NOUN
hassl-883	239	19	)	)	PUNCT
hassl-883	239	20	-0.088	-0.088	PUNCT
hassl-883	240	1	*	*	PUNCT
hassl-883	240	2	(	(	PUNCT
hassl-883	240	3	0.044	0.044	NUM
hassl-883	240	4	)	)	PUNCT
hassl-883	240	5	-0.078†	-0.078†	PUNCT
hassl-883	240	6	(	(	PUNCT
hassl-883	240	7	0.045	0.045	NUM
hassl-883	240	8	)	)	PUNCT
hassl-883	240	9	-0.076†	-0.076†	PROPN
hassl-883	240	10	(	(	PUNCT
hassl-883	240	11	0.045	0.045	NUM
hassl-883	240	12	)	)	PUNCT
hassl-883	240	13	-0.102	-0.102	PUNCT
hassl-883	240	14	(	(	PUNCT
hassl-883	240	15	0.084	0.084	NUM
hassl-883	240	16	)	)	PUNCT
hassl-883	240	17	-0.136	-0.136	PUNCT
hassl-883	240	18	(	(	PUNCT
hassl-883	240	19	0.090	0.090	NUM
hassl-883	240	20	)	)	PUNCT
hassl-883	240	21	-0.097	-0.097	NOUN
hassl-883	240	22	(	(	PUNCT
hassl-883	240	23	0.092	0.092	NUM
hassl-883	240	24	)	)	PUNCT
hassl-883	240	25	investment	investment	NOUN
hassl-883	240	26	experience	experience	NOUN
hassl-883	240	27	of	of	ADP
hassl-883	240	28	cvc	cvc	NOUN
hassl-883	240	29	(	(	PUNCT
hassl-883	240	30	no	no	INTJ
hassl-883	240	31	.	.	NOUN
hassl-883	240	32	of	of	ADP
hassl-883	240	33	years	year	NOUN
hassl-883	240	34	from	from	ADP
hassl-883	240	35	the	the	DET
hassl-883	240	36	first	first	ADJ
hassl-883	240	37	investment	investment	NOUN
hassl-883	240	38	till	till	SCONJ
hassl-883	240	39	t-1	t-1	PROPN
hassl-883	240	40	)	)	PUNCT
hassl-883	240	41	0.001	0.001	NUM
hassl-883	240	42	(	(	PUNCT
hassl-883	240	43	0.011	0.011	NUM
hassl-883	240	44	)	)	PUNCT
hassl-883	240	45	-0.005	-0.005	PRON
hassl-883	240	46	(	(	PUNCT
hassl-883	240	47	0.012	0.012	NUM
hassl-883	240	48	)	)	PUNCT
hassl-883	240	49	-0.006	-0.006	PROPN
hassl-883	240	50	(	(	PUNCT
hassl-883	240	51	0.012	0.012	NUM
hassl-883	240	52	)	)	PUNCT
hassl-883	240	53	-0.019	-0.019	X
hassl-883	240	54	(	(	PUNCT
hassl-883	240	55	0.013	0.013	NUM
hassl-883	240	56	)	)	PUNCT
hassl-883	240	57	-0.012	-0.012	PROPN
hassl-883	240	58	(	(	PUNCT
hassl-883	240	59	0.014	0.014	NUM
hassl-883	240	60	)	)	PUNCT
hassl-883	240	61	-0.016	-0.016	X
hassl-883	240	62	(	(	PUNCT
hassl-883	240	63	0.015	0.015	NUM
hassl-883	240	64	)	)	PUNCT
hassl-883	240	65	investment	investment	NOUN
hassl-883	240	66	focus	focus	NOUN
hassl-883	240	67	of	of	ADP
hassl-883	240	68	cvc	cvc	NOUN
hassl-883	240	69	fund	fund	NOUN
hassl-883	240	70	(	(	PUNCT
hassl-883	240	71	1	1	NUM
hassl-883	240	72	=	=	NOUN
hassl-883	240	73	seed	seed	NOUN
hassl-883	240	74	or	or	CCONJ
hassl-883	240	75	early	early	ADJ
hassl-883	240	76	stage	stage	NOUN
hassl-883	240	77	focused	focus	VERB
hassl-883	240	78	)	)	PUNCT
hassl-883	240	79	0.423	0.423	NUM
hassl-883	240	80	*	*	PUNCT
hassl-883	240	81	*	*	PUNCT
hassl-883	240	82	(	(	PUNCT
hassl-883	240	83	0.141	0.141	NUM
hassl-883	240	84	)	)	PUNCT
hassl-883	240	85	0.381	0.381	NUM
hassl-883	240	86	*	*	PUNCT
hassl-883	240	87	*	*	PUNCT
hassl-883	240	88	(	(	PUNCT
hassl-883	240	89	0.145	0.145	NUM
hassl-883	240	90	)	)	PUNCT
hassl-883	240	91	0.379	0.379	NUM
hassl-883	241	1	*	*	SYM
hassl-883	241	2	*	*	PUNCT
hassl-883	241	3	(	(	PUNCT
hassl-883	241	4	0.145	0.145	NUM
hassl-883	241	5	)	)	PUNCT
hassl-883	241	6	0.674	0.674	NUM
hassl-883	241	7	*	*	PUNCT
hassl-883	241	8	*	*	PUNCT
hassl-883	241	9	(	(	PUNCT
hassl-883	241	10	0.245	0.245	NUM
hassl-883	241	11	)	)	PUNCT
hassl-883	241	12	0.601	0.601	NUM
hassl-883	241	13	*	*	SYM
hassl-883	241	14	(	(	PUNCT
hassl-883	241	15	0.252	0.252	NUM
hassl-883	241	16	)	)	PUNCT
hassl-883	241	17	0.755	0.755	NUM
hassl-883	241	18	*	*	PUNCT
hassl-883	241	19	*	*	PUNCT
hassl-883	241	20	(	(	PUNCT
hassl-883	241	21	0.259	0.259	NUM
hassl-883	241	22	)	)	PUNCT
hassl-883	241	23	cvc	cvc	NOUN
hassl-883	241	24	structure	structure	NOUN
hassl-883	241	25	(	(	PUNCT
hassl-883	241	26	1	1	NUM
hassl-883	241	27	=	=	NUM
hassl-883	241	28	dedicated	dedicated	ADJ
hassl-883	241	29	cvc	cvc	NOUN
hassl-883	241	30	unit	unit	NOUN
hassl-883	241	31	(	(	PUNCT
hassl-883	241	32	e.g.	e.g.	ADV
hassl-883	241	33	,	,	PUNCT
hassl-883	241	34	intel	intel	PROPN
hassl-883	241	35	capital	capital	NOUN
hassl-883	241	36	)	)	PUNCT
hassl-883	241	37	)	)	PUNCT
hassl-883	242	1	0.135	0.135	NUM
hassl-883	242	2	(	(	PUNCT
hassl-883	242	3	0.136	0.136	NUM
hassl-883	242	4	)	)	PUNCT
hassl-883	242	5	0.141	0.141	NUM
hassl-883	242	6	(	(	PUNCT
hassl-883	242	7	0.137	0.137	NUM
hassl-883	242	8	)	)	PUNCT
hassl-883	242	9	0.134	0.134	NUM
hassl-883	242	10	(	(	PUNCT
hassl-883	242	11	0.138	0.138	NUM
hassl-883	242	12	)	)	PUNCT
hassl-883	242	13	0.132	0.132	NUM
hassl-883	242	14	(	(	PUNCT
hassl-883	242	15	0.230	0.230	NUM
hassl-883	242	16	)	)	PUNCT
hassl-883	242	17	0.091	0.091	NUM
hassl-883	242	18	(	(	PUNCT
hassl-883	242	19	0.229	0.229	NUM
hassl-883	242	20	)	)	PUNCT
hassl-883	242	21	-0.266	-0.266	X
hassl-883	242	22	(	(	PUNCT
hassl-883	242	23	0.254	0.254	NUM
hassl-883	242	24	)	)	PUNCT
hassl-883	242	25	industry	industry	NOUN
hassl-883	242	26	relatedness	relatedness	NOUN
hassl-883	242	27	between	between	ADP
hassl-883	242	28	parent	parent	NOUN
hassl-883	242	29	firm	firm	NOUN
hassl-883	242	30	and	and	CCONJ
hassl-883	242	31	new	new	ADJ
hassl-883	242	32	venture	venture	NOUN
hassl-883	242	33	0.039	0.039	NUM
hassl-883	242	34	(	(	PUNCT
hassl-883	242	35	0.141	0.141	NUM
hassl-883	242	36	)	)	PUNCT
hassl-883	242	37	0.038	0.038	NUM
hassl-883	242	38	(	(	PUNCT
hassl-883	242	39	0.141	0.141	NUM
hassl-883	242	40	)	)	PUNCT
hassl-883	242	41	0.032	0.032	NUM
hassl-883	242	42	(	(	PUNCT
hassl-883	242	43	0.141	0.141	NUM
hassl-883	242	44	)	)	PUNCT
hassl-883	242	45	-0.075	-0.075	PUNCT
hassl-883	242	46	(	(	PUNCT
hassl-883	242	47	0.214	0.214	NUM
hassl-883	242	48	)	)	PUNCT
hassl-883	242	49	-0.064	-0.064	NOUN
hassl-883	242	50	(	(	PUNCT
hassl-883	242	51	0.216	0.216	NUM
hassl-883	242	52	)	)	PUNCT
hassl-883	242	53	-0.236	-0.236	PUNCT
hassl-883	242	54	(	(	PUNCT
hassl-883	242	55	0.229	0.229	NUM
hassl-883	242	56	)	)	PUNCT
hassl-883	242	57	quality	quality	NOUN
hassl-883	242	58	of	of	ADP
hassl-883	242	59	new	new	ADJ
hassl-883	242	60	venture	venture	NOUN
hassl-883	242	61	(	(	PUNCT
hassl-883	242	62	1	1	NUM
hassl-883	242	63	=	=	NOUN
hassl-883	242	64	ipo	ipo	NOUN
hassl-883	242	65	or	or	CCONJ
hassl-883	242	66	acquired	acquire	VERB
hassl-883	242	67	)	)	PUNCT
hassl-883	242	68	-0.442	-0.442	NOUN
hassl-883	242	69	*	*	PUNCT
hassl-883	242	70	*	*	PUNCT
hassl-883	242	71	*	*	PUNCT
hassl-883	242	72	(	(	PUNCT
hassl-883	242	73	0.126	0.126	NUM
hassl-883	242	74	)	)	PUNCT
hassl-883	242	75	-0.435	-0.435	NOUN
hassl-883	242	76	*	*	PUNCT
hassl-883	242	77	*	*	PUNCT
hassl-883	242	78	(	(	PUNCT
hassl-883	242	79	0.127	0.127	NUM
hassl-883	242	80	)	)	PUNCT
hassl-883	242	81	-0.434	-0.434	PROPN
hassl-883	242	82	*	*	PUNCT
hassl-883	242	83	*	*	PUNCT
hassl-883	242	84	(	(	PUNCT
hassl-883	242	85	0.127	0.127	NUM
hassl-883	242	86	)	)	PUNCT
hassl-883	242	87	-0.768	-0.768	NOUN
hassl-883	242	88	*	*	PUNCT
hassl-883	242	89	*	*	PUNCT
hassl-883	242	90	(	(	PUNCT
hassl-883	242	91	0.244	0.244	NUM
hassl-883	242	92	)	)	PUNCT
hassl-883	242	93	-0.767	-0.767	NOUN
hassl-883	242	94	*	*	PUNCT
hassl-883	242	95	*	*	PUNCT
hassl-883	242	96	(	(	PUNCT
hassl-883	242	97	0.245	0.245	NUM
hassl-883	242	98	)	)	PUNCT
hassl-883	242	99	-0.834	-0.834	PUNCT
hassl-883	242	100	*	*	PUNCT
hassl-883	242	101	*	*	PUNCT
hassl-883	242	102	(	(	PUNCT
hassl-883	242	103	0.249	0.249	NUM
hassl-883	242	104	)	)	PUNCT
hassl-883	242	105	constant	constant	ADJ
hassl-883	242	106	-0.399	-0.399	PROPN
hassl-883	242	107	(	(	PUNCT
hassl-883	242	108	0.430	0.430	NUM
hassl-883	242	109	)	)	PUNCT
hassl-883	242	110	-0.358	-0.358	NOUN
hassl-883	242	111	(	(	PUNCT
hassl-883	242	112	0.431	0.431	NUM
hassl-883	242	113	)	)	PUNCT
hassl-883	242	114	-0.365	-0.365	NOUN
hassl-883	242	115	(	(	PUNCT
hassl-883	242	116	0.432	0.432	NUM
hassl-883	242	117	)	)	PUNCT
hassl-883	242	118	0.280	0.280	NUM
hassl-883	242	119	(	(	PUNCT
hassl-883	242	120	0.821	0.821	NUM
hassl-883	242	121	)	)	PUNCT
hassl-883	242	122	0.411	0.411	NUM
hassl-883	242	123	(	(	PUNCT
hassl-883	242	124	0.840	0.840	NUM
hassl-883	242	125	)	)	PUNCT
hassl-883	242	126	0.430	0.430	NUM
hassl-883	242	127	(	(	PUNCT
hassl-883	242	128	0.853	0.853	NUM
hassl-883	242	129	)	)	PUNCT
hassl-883	242	130	geographic	geographic	ADJ
hassl-883	242	131	base	base	NOUN
hassl-883	242	132	of	of	ADP
hassl-883	242	133	cvc	cvc	NOUN
hassl-883	242	134	's	's	PART
hassl-883	242	135	parent	parent	NOUN
hassl-883	242	136	firm	firm	NOUN
hassl-883	242	137	(	(	PUNCT
hassl-883	242	138	1	1	NUM
hassl-883	242	139	=	=	NOUN
hassl-883	242	140	hq	hq	NOUN
hassl-883	242	141	of	of	ADP
hassl-883	242	142	parent	parent	NOUN
hassl-883	242	143	firm	firm	NOUN
hassl-883	242	144	is	be	AUX
hassl-883	242	145	nonu.s	nonu.s	PROPN
hassl-883	242	146	.	.	PUNCT
hassl-883	242	147	)	)	PUNCT
hassl-883	243	1	-0.353	-0.353	PUNCT
hassl-883	244	1	*	*	PUNCT
hassl-883	244	2	*	*	PUNCT
hassl-883	244	3	(	(	PUNCT
hassl-883	244	4	0.135	0.135	NUM
hassl-883	244	5	)	)	PUNCT
hassl-883	244	6	0.308	0.308	NUM
hassl-883	244	7	(	(	PUNCT
hassl-883	244	8	0.244	0.244	NUM
hassl-883	244	9	)	)	PUNCT
hassl-883	244	10	geographic	geographic	ADJ
hassl-883	244	11	base	base	NOUN
hassl-883	244	12	of	of	ADP
hassl-883	244	13	parent	parent	NOUN
hassl-883	244	14	firm	firm	NOUN
hassl-883	244	15	and	and	CCONJ
hassl-883	244	16	cvc	cvc	VERB
hassl-883	244	17	1	1	NUM
hassl-883	244	18	(	(	PUNCT
hassl-883	244	19	1	1	NUM
hassl-883	244	20	=	=	NOUN
hassl-883	244	21	parent	parent	NOUN
hassl-883	244	22	firm	firm	NOUN
hassl-883	244	23	of	of	ADP
hassl-883	244	24	cvc	cvc	NOUN
hassl-883	244	25	is	be	AUX
hassl-883	244	26	nonu.s	nonu.s	PROPN
hassl-883	244	27	.	.	PROPN
hassl-883	245	1	based	base	VERB
hassl-883	245	2	with	with	ADP
hassl-883	245	3	non	non	ADJ
hassl-883	245	4	-	-	ADJ
hassl-883	245	5	u.s	u.s	PROPN
hassl-883	245	6	.	.	PROPN
hassl-883	245	7	cvc	cvc	PROPN
hassl-883	245	8	)	)	PUNCT
hassl-883	246	1	-0.387	-0.387	NUM
hassl-883	246	2	*	*	PUNCT
hassl-883	246	3	(	(	PUNCT
hassl-883	246	4	0.167	0.167	NUM
hassl-883	246	5	)	)	PUNCT
hassl-883	246	6	-0.422	-0.422	NOUN
hassl-883	246	7	(	(	PUNCT
hassl-883	246	8	0.323	0.323	NUM
hassl-883	246	9	)	)	PUNCT
hassl-883	246	10	geographic	geographic	ADJ
hassl-883	246	11	base	base	NOUN
hassl-883	246	12	of	of	ADP
hassl-883	246	13	parent	parent	NOUN
hassl-883	246	14	firm	firm	NOUN
hassl-883	246	15	and	and	CCONJ
hassl-883	246	16	cvc	cvc	NOUN
hassl-883	246	17	2	2	NUM
hassl-883	246	18	(	(	PUNCT
hassl-883	246	19	1	1	NUM
hassl-883	246	20	=	=	NOUN
hassl-883	246	21	parent	parent	NOUN
hassl-883	246	22	firm	firm	NOUN
hassl-883	246	23	is	be	AUX
hassl-883	246	24	non	non	ADJ
hassl-883	246	25	-	-	ADJ
hassl-883	246	26	u.s	u.s	PROPN
hassl-883	246	27	.	.	PROPN
hassl-883	246	28	based	base	VERB
hassl-883	246	29	but	but	CCONJ
hassl-883	246	30	cvc	cvc	NOUN
hassl-883	246	31	is	be	AUX
hassl-883	246	32	u.s	u.s	PROPN
hassl-883	246	33	.	.	PROPN
hassl-883	246	34	based	base	VERB
hassl-883	246	35	)	)	PUNCT
hassl-883	246	36	-0.309†	-0.309†	NOUN
hassl-883	246	37	(	(	PUNCT
hassl-883	246	38	0.181	0.181	NUM
hassl-883	246	39	)	)	PUNCT
hassl-883	246	40	0.798	0.798	NUM
hassl-883	247	1	*	*	PUNCT
hassl-883	247	2	*	*	PUNCT
hassl-883	247	3	(	(	PUNCT
hassl-883	247	4	0.287	0.287	NUM
hassl-883	247	5	)	)	PUNCT
hassl-883	247	6	number	number	NOUN
hassl-883	247	7	of	of	ADP
hassl-883	247	8	observations	observation	NOUN
hassl-883	247	9	1675	1675	NUM
hassl-883	247	10	1675	1675	NUM
hassl-883	247	11	1675	1675	NUM
hassl-883	247	12	496	496	NUM
hassl-883	247	13	496	496	NUM
hassl-883	247	14	496	496	NUM
hassl-883	247	15	wald	wald	PROPN
hassl-883	247	16	chi	chi	PROPN
hassl-883	247	17	-	-	PUNCT
hassl-883	247	18	square	square	NOUN
hassl-883	247	19	47.95	47.95	NUM
hassl-883	247	20	*	*	PUNCT
hassl-883	247	21	*	*	PUNCT
hassl-883	247	22	*	*	PUNCT
hassl-883	247	23	54.80	54.80	NUM
hassl-883	247	24	*	*	PUNCT
hassl-883	247	25	*	*	PUNCT
hassl-883	247	26	*	*	PUNCT
hassl-883	247	27	54.91	54.91	NUM
hassl-883	247	28	*	*	PUNCT
hassl-883	247	29	*	*	PUNCT
hassl-883	247	30	*	*	PUNCT
hassl-883	248	1	59.96	59.96	NUM
hassl-883	248	2	*	*	PUNCT
hassl-883	248	3	*	*	PUNCT
hassl-883	248	4	*	*	PUNCT
hassl-883	249	1	59.95	59.95	NUM
hassl-883	249	2	*	*	PUNCT
hassl-883	249	3	*	*	PUNCT
hassl-883	249	4	*	*	PUNCT
hassl-883	249	5	62.47	62.47	NUM
hassl-883	249	6	*	*	PUNCT
hassl-883	249	7	*	*	PUNCT
hassl-883	249	8	*	*	PUNCT
hassl-883	249	9	log	log	PROPN
hassl-883	249	10	pseudolikelihood	pseudolikelihood	NOUN
hassl-883	249	11	-915.09	-915.09	PROPN
hassl-883	250	1	-911.4	-911.4	PROPN
hassl-883	250	2	-911.34	-911.34	PROPN
hassl-883	250	3	-287.16	-287.16	PROPN
hassl-883	250	4	-286.33	-286.33	PROPN
hassl-883	250	5	-292.86	-292.86	PROPN
hassl-883	250	6	pseudo	pseudo	NOUN
hassl-883	250	7	r2	r2	NOUN
hassl-883	250	8	0.027	0.027	NUM
hassl-883	250	9	0.030	0.030	NUM
hassl-883	250	10	0.031	0.031	NUM
hassl-883	250	11	0.113	0.113	NUM
hassl-883	250	12	0.116	0.116	NUM
hassl-883	250	13	0.134	0.134	NUM
hassl-883	250	14	†	†	X
hassl-883	250	15	p<0.1	p<0.1	PROPN
hassl-883	250	16	*	*	PUNCT
hassl-883	250	17	p<0.05	p<0.05	PROPN
hassl-883	250	18	*	*	PUNCT
hassl-883	250	19	*	*	PUNCT
hassl-883	250	20	p<0.01	p<0.01	NOUN
hassl-883	250	21	*	*	PUNCT
hassl-883	250	22	*	*	PUNCT
hassl-883	250	23	*	*	PUNCT
hassl-883	250	24	p<0.001	p<0.001	X
hassl-883	250	25	※	※	X
hassl-883	250	26	the	the	DET
hassl-883	250	27	base	base	NOUN
hassl-883	250	28	case	case	NOUN
hassl-883	250	29	of	of	ADP
hassl-883	250	30	'	'	PUNCT
hassl-883	250	31	geographic	geographic	ADJ
hassl-883	250	32	base	base	NOUN
hassl-883	250	33	of	of	ADP
hassl-883	250	34	established	establish	VERB
hassl-883	250	35	firm	firm	NOUN
hassl-883	250	36	1	1	NUM
hassl-883	250	37	&	&	CCONJ
hassl-883	250	38	2	2	NUM
hassl-883	250	39	'	'	PART
hassl-883	250	40	variables	variable	NOUN
hassl-883	250	41	are	be	AUX
hassl-883	250	42	u.s	u.s	PROPN
hassl-883	250	43	.	.	PROPN
hassl-883	250	44	based	base	VERB
hassl-883	250	45	established	establish	VERB
hassl-883	250	46	firms	firm	NOUN
hassl-883	250	47	with	with	ADP
hassl-883	250	48	u.s	u.s	PROPN
hassl-883	250	49	.	.	PROPN
hassl-883	250	50	based	base	VERB
hassl-883	250	51	cvc	cvc	NOUN
hassl-883	250	52	(	(	PUNCT
hassl-883	250	53	u.s	u.s	PROPN
hassl-883	250	54	.	.	PROPN
hassl-883	250	55	based	base	VERB
hassl-883	250	56	established	establish	VERB
hassl-883	250	57	firms	firm	NOUN
hassl-883	250	58	with	with	ADP
hassl-883	250	59	non	non	ADJ
hassl-883	250	60	-	-	ADJ
hassl-883	250	61	u.s	u.s	PROPN
hassl-883	250	62	.	.	PROPN
hassl-883	250	63	based	base	VERB
hassl-883	250	64	cvc	cvc	NOUN
hassl-883	250	65	are	be	AUX
hassl-883	250	66	negligible	negligible	ADJ
hassl-883	250	67	,	,	PUNCT
hassl-883	250	68	thus	thus	ADV
hassl-883	250	69	excluded	exclude	VERB
hassl-883	250	70	from	from	ADP
hassl-883	250	71	the	the	DET
hassl-883	250	72	analysis	analysis	NOUN
hassl-883	250	73	)	)	PUNCT
hassl-883	250	74	model	model	NOUN
hassl-883	250	75	2	2	NUM
hassl-883	250	76	and	and	CCONJ
hassl-883	250	77	3	3	NUM
hassl-883	250	78	present	present	VERB
hassl-883	250	79	the	the	DET
hassl-883	250	80	test	test	NOUN
hassl-883	250	81	for	for	ADP
hassl-883	250	82	hypothesis	hypothesis	NOUN
hassl-883	250	83	1	1	NUM
hassl-883	250	84	.	.	PUNCT
hassl-883	251	1	although	although	SCONJ
hassl-883	251	2	insignificant	insignificant	ADJ
hassl-883	251	3	,	,	PUNCT
hassl-883	251	4	the	the	DET
hassl-883	251	5	negative	negative	ADJ
hassl-883	251	6	coefficient	coefficient	NOUN
hassl-883	251	7	of	of	ADP
hassl-883	251	8	the	the	DET
hassl-883	251	9	variable	variable	ADJ
hassl-883	251	10	„	„	PUNCT
hassl-883	251	11	non	non	ADJ
hassl-883	251	12	-	-	ADJ
hassl-883	251	13	u.s	u.s	ADJ
hassl-883	251	14	.	.	PROPN
hassl-883	251	15	parent	parent	NOUN
hassl-883	251	16	firm‟	firm‟	NOUN
hassl-883	251	17	in	in	ADP
hassl-883	251	18	model	model	NOUN
hassl-883	251	19	2	2	NUM
hassl-883	251	20	shows	show	VERB
hassl-883	251	21	the	the	DET
hassl-883	251	22	possibility	possibility	NOUN
hassl-883	251	23	that	that	SCONJ
hassl-883	251	24	non	non	ADJ
hassl-883	251	25	-	-	ADJ
hassl-883	251	26	u.s	u.s	PROPN
hassl-883	251	27	.	.	PROPN
hassl-883	251	28	firms	firm	NOUN
hassl-883	251	29	are	be	AUX
hassl-883	251	30	less	less	ADV
hassl-883	251	31	likely	likely	ADJ
hassl-883	251	32	to	to	PART
hassl-883	251	33	invest	invest	VERB
hassl-883	251	34	in	in	ADP
hassl-883	251	35	early	early	ADJ
hassl-883	251	36	-	-	PUNCT
hassl-883	251	37	stage	stage	NOUN
hassl-883	251	38	ventures	venture	NOUN
hassl-883	251	39	than	than	ADP
hassl-883	251	40	u.s	u.s	PROPN
hassl-883	251	41	.	.	PROPN
hassl-883	251	42	firms	firm	NOUN
hassl-883	251	43	are	be	AUX
hassl-883	251	44	.	.	PUNCT
hassl-883	252	1	however	however	ADV
hassl-883	252	2	,	,	PUNCT
hassl-883	252	3	if	if	SCONJ
hassl-883	252	4	you	you	PRON
hassl-883	252	5	divide	divide	VERB
hassl-883	252	6	the	the	DET
hassl-883	252	7	foreign	foreign	ADJ
hassl-883	252	8	firms	firm	NOUN
hassl-883	252	9	into	into	ADP
hassl-883	252	10	those	those	PRON
hassl-883	252	11	with	with	ADP
hassl-883	252	12	a	a	DET
hassl-883	252	13	local	local	ADJ
hassl-883	252	14	cvc	cvc	NOUN
hassl-883	252	15	unit	unit	NOUN
hassl-883	252	16	(	(	PUNCT
hassl-883	252	17	non	non	ADJ
hassl-883	252	18	-	-	ADJ
hassl-883	252	19	u.s	u.s	ADJ
hassl-883	252	20	.	.	PROPN
hassl-883	252	21	parent	parent	NOUN
hassl-883	252	22	firm	firm	NOUN
hassl-883	252	23	with	with	ADP
hassl-883	252	24	local	local	ADJ
hassl-883	252	25	cvc	cvc	NOUN
hassl-883	252	26	)	)	PUNCT
hassl-883	252	27	and	and	CCONJ
hassl-883	252	28	without	without	ADP
hassl-883	252	29	a	a	DET
hassl-883	252	30	local	local	ADJ
hassl-883	252	31	cvc	cvc	NOUN
hassl-883	252	32	unit	unit	NOUN
hassl-883	252	33	(	(	PUNCT
hassl-883	252	34	non	non	ADJ
hassl-883	252	35	-	-	ADJ
hassl-883	252	36	u.s	u.s	ADJ
hassl-883	252	37	.	.	PROPN
hassl-883	252	38	parent	parent	NOUN
hassl-883	252	39	firm	firm	NOUN
hassl-883	252	40	without	without	ADP
hassl-883	252	41	local	local	ADJ
hassl-883	252	42	cvc	cvc	NOUN
hassl-883	252	43	)	)	PUNCT
hassl-883	252	44	,	,	PUNCT
hassl-883	252	45	it	it	PRON
hassl-883	252	46	is	be	AUX
hassl-883	252	47	clear	clear	ADJ
hassl-883	252	48	and	and	CCONJ
hassl-883	252	49	statistically	statistically	ADV
hassl-883	252	50	significant	significant	ADJ
hassl-883	252	51	that	that	SCONJ
hassl-883	252	52	early	early	ADJ
hassl-883	252	53	stage	stage	NOUN
hassl-883	252	54	cvc	cvc	NOUN
hassl-883	252	55	investments	investment	NOUN
hassl-883	252	56	are	be	AUX
hassl-883	252	57	less	less	ADV
hassl-883	252	58	likely	likely	ADJ
hassl-883	252	59	to	to	PART
hassl-883	252	60	be	be	AUX
hassl-883	252	61	materialized	materialize	VERB
hassl-883	252	62	when	when	SCONJ
hassl-883	252	63	the	the	DET
hassl-883	252	64	foreign	foreign	ADJ
hassl-883	252	65	firm	firm	ADJ
hassl-883	252	66	humanities	humanity	NOUN
hassl-883	252	67	and	and	CCONJ
hassl-883	252	68	social	social	ADJ
hassl-883	252	69	sciences	science	NOUN
hassl-883	252	70	letters	letter	NOUN
hassl-883	252	71	,	,	PUNCT
hassl-883	252	72	2021	2021	NUM
hassl-883	252	73	,	,	PUNCT
hassl-883	252	74	9(1	9(1	NUM
hassl-883	252	75	):	):	PUNCT
hassl-883	252	76	72	72	NUM
hassl-883	252	77	-	-	SYM
hassl-883	252	78	85	85	NUM
hassl-883	252	79	81	81	NUM
hassl-883	252	80	©	©	PROPN
hassl-883	252	81	2021	2021	NUM
hassl-883	252	82	conscientia	conscientia	PROPN
hassl-883	252	83	beam	beam	PROPN
hassl-883	252	84	.	.	PUNCT
hassl-883	253	1	all	all	DET
hassl-883	253	2	rights	right	NOUN
hassl-883	253	3	reserved	reserve	VERB
hassl-883	253	4	.	.	PUNCT
hassl-883	254	1	does	do	AUX
hassl-883	254	2	not	not	PART
hassl-883	254	3	have	have	VERB
hassl-883	254	4	a	a	DET
hassl-883	254	5	local	local	ADJ
hassl-883	254	6	(	(	PUNCT
hassl-883	254	7	u.s	u.s	PROPN
hassl-883	254	8	.	.	PROPN
hassl-883	254	9	)	)	PUNCT
hassl-883	254	10	cvc	cvc	NOUN
hassl-883	254	11	unit	unit	NOUN
hassl-883	254	12	(	(	PUNCT
hassl-883	254	13	-0.374	-0.374	NOUN
hassl-883	254	14	,	,	PUNCT
hassl-883	254	15	p<0.01	p<0.01	PROPN
hassl-883	254	16	)	)	PUNCT
hassl-883	254	17	,	,	PUNCT
hassl-883	254	18	but	but	CCONJ
hassl-883	254	19	the	the	DET
hassl-883	254	20	likelihood	likelihood	NOUN
hassl-883	254	21	becomes	become	VERB
hassl-883	254	22	similar	similar	ADJ
hassl-883	254	23	to	to	ADP
hassl-883	254	24	the	the	DET
hassl-883	254	25	base	base	NOUN
hassl-883	254	26	case	case	NOUN
hassl-883	254	27	(	(	PUNCT
hassl-883	254	28	u.s	u.s	PROPN
hassl-883	254	29	.	.	PROPN
hassl-883	254	30	firms	firm	NOUN
hassl-883	254	31	investing	invest	VERB
hassl-883	254	32	in	in	ADP
hassl-883	254	33	u.s	u.s	PROPN
hassl-883	254	34	.	.	PROPN
hassl-883	254	35	ventures	venture	NOUN
hassl-883	254	36	)	)	PUNCT
hassl-883	254	37	when	when	SCONJ
hassl-883	254	38	non	non	ADJ
hassl-883	254	39	-	-	ADJ
hassl-883	254	40	u.s	u.s	PROPN
hassl-883	254	41	.	.	PROPN
hassl-883	254	42	firms	firm	NOUN
hassl-883	254	43	have	have	VERB
hassl-883	254	44	a	a	DET
hassl-883	254	45	cvc	cvc	NOUN
hassl-883	254	46	unit	unit	NOUN
hassl-883	254	47	in	in	ADP
hassl-883	254	48	the	the	DET
hassl-883	254	49	u.s	u.s	PROPN
hassl-883	254	50	.	.	PROPN
hassl-883	254	51	(	(	PUNCT
hassl-883	254	52	0.037	0.037	NUM
hassl-883	254	53	,	,	PUNCT
hassl-883	254	54	p>0.1	p>0.1	NOUN
hassl-883	254	55	)	)	PUNCT
hassl-883	254	56	.	.	PUNCT
hassl-883	255	1	therefore	therefore	ADV
hassl-883	255	2	,	,	PUNCT
hassl-883	255	3	having	have	VERB
hassl-883	255	4	a	a	DET
hassl-883	255	5	local	local	ADJ
hassl-883	255	6	cvc	cvc	NOUN
hassl-883	255	7	unit	unit	NOUN
hassl-883	255	8	mitigates	mitigate	VERB
hassl-883	255	9	the	the	DET
hassl-883	255	10	liability	liability	NOUN
hassl-883	255	11	of	of	ADP
hassl-883	255	12	foreignness	foreignness	NOUN
hassl-883	255	13	in	in	ADP
hassl-883	255	14	cross	cross	ADJ
hassl-883	255	15	-	-	ADJ
hassl-883	255	16	border	border	ADJ
hassl-883	255	17	cvc	cvc	NOUN
hassl-883	255	18	investment	investment	NOUN
hassl-883	255	19	in	in	ADP
hassl-883	255	20	early	early	ADJ
hassl-883	255	21	-	-	PUNCT
hassl-883	255	22	stage	stage	NOUN
hassl-883	255	23	ventures	venture	NOUN
hassl-883	255	24	,	,	PUNCT
hassl-883	255	25	supporting	support	VERB
hassl-883	255	26	hypothesis	hypothesis	NOUN
hassl-883	255	27	1	1	NUM
hassl-883	255	28	.	.	PUNCT
hassl-883	255	29	to	to	PART
hassl-883	255	30	test	test	VERB
hassl-883	255	31	whether	whether	SCONJ
hassl-883	255	32	the	the	DET
hassl-883	255	33	ipp	ipp	PROPN
hassl-883	255	34	regime	regime	NOUN
hassl-883	255	35	moderates	moderate	VERB
hassl-883	255	36	the	the	DET
hassl-883	255	37	effect	effect	NOUN
hassl-883	255	38	of	of	ADP
hassl-883	255	39	establishing	establish	VERB
hassl-883	255	40	a	a	DET
hassl-883	255	41	local	local	ADJ
hassl-883	255	42	cvc	cvc	NOUN
hassl-883	255	43	unit	unit	NOUN
hassl-883	255	44	on	on	ADP
hassl-883	255	45	mitigating	mitigate	VERB
hassl-883	255	46	the	the	DET
hassl-883	255	47	liability	liability	NOUN
hassl-883	255	48	of	of	ADP
hassl-883	255	49	foreignness	foreignness	NOUN
hassl-883	255	50	,	,	PUNCT
hassl-883	255	51	we	we	PRON
hassl-883	255	52	divided	divide	VERB
hassl-883	255	53	the	the	DET
hassl-883	255	54	sample	sample	NOUN
hassl-883	255	55	by	by	ADP
hassl-883	255	56	ipp	ipp	PROPN
hassl-883	255	57	regime	regime	NOUN
hassl-883	255	58	and	and	CCONJ
hassl-883	255	59	performed	perform	VERB
hassl-883	255	60	separate	separate	ADJ
hassl-883	255	61	logit	logit	PROPN
hassl-883	255	62	regression	regression	NOUN
hassl-883	255	63	analyses	analysis	NOUN
hassl-883	255	64	.	.	PUNCT
hassl-883	256	1	the	the	DET
hassl-883	256	2	results	result	NOUN
hassl-883	256	3	are	be	AUX
hassl-883	256	4	shown	show	VERB
hassl-883	256	5	in	in	ADP
hassl-883	256	6	models	model	NOUN
hassl-883	256	7	4	4	NUM
hassl-883	256	8	to	to	PART
hassl-883	256	9	9	9	NUM
hassl-883	256	10	in	in	ADP
hassl-883	256	11	table	table	NOUN
hassl-883	256	12	3	3	NUM
hassl-883	256	13	.	.	PUNCT
hassl-883	257	1	the	the	DET
hassl-883	257	2	negative	negative	ADJ
hassl-883	257	3	and	and	CCONJ
hassl-883	257	4	significant	significant	ADJ
hassl-883	257	5	coefficient	coefficient	NOUN
hassl-883	257	6	of	of	ADP
hassl-883	257	7	„	„	PUNCT
hassl-883	257	8	non	non	ADJ
hassl-883	257	9	-	-	ADJ
hassl-883	257	10	u.s	u.s	ADJ
hassl-883	257	11	.	.	PROPN
hassl-883	257	12	parent	parent	NOUN
hassl-883	257	13	firm‟	firm‟	PROPN
hassl-883	257	14	(	(	PUNCT
hassl-883	257	15	-0.353	-0.353	PROPN
hassl-883	257	16	,	,	PUNCT
hassl-883	257	17	p<0.01	p<0.01	PROPN
hassl-883	257	18	)	)	PUNCT
hassl-883	257	19	in	in	ADP
hassl-883	257	20	model	model	NOUN
hassl-883	257	21	5	5	NUM
hassl-883	257	22	shows	show	VERB
hassl-883	257	23	the	the	DET
hassl-883	257	24	presence	presence	NOUN
hassl-883	257	25	of	of	ADP
hassl-883	257	26	the	the	DET
hassl-883	257	27	liability	liability	NOUN
hassl-883	257	28	of	of	ADP
hassl-883	257	29	foreignness	foreignness	NOUN
hassl-883	257	30	under	under	ADP
hassl-883	257	31	a	a	DET
hassl-883	257	32	weak	weak	ADJ
hassl-883	257	33	ipp	ipp	NOUN
hassl-883	257	34	regime	regime	NOUN
hassl-883	257	35	.	.	PUNCT
hassl-883	258	1	moreover	moreover	ADV
hassl-883	258	2	,	,	PUNCT
hassl-883	258	3	in	in	ADP
hassl-883	258	4	this	this	DET
hassl-883	258	5	case	case	NOUN
hassl-883	258	6	foreign	foreign	ADJ
hassl-883	258	7	firms	firm	NOUN
hassl-883	258	8	suffer	suffer	VERB
hassl-883	258	9	from	from	ADP
hassl-883	258	10	the	the	DET
hassl-883	258	11	liability	liability	NOUN
hassl-883	258	12	of	of	ADP
hassl-883	258	13	foreignness	foreignness	NOUN
hassl-883	258	14	regardless	regardless	ADV
hassl-883	258	15	of	of	ADP
hassl-883	258	16	having	have	VERB
hassl-883	258	17	a	a	DET
hassl-883	258	18	local	local	ADJ
hassl-883	258	19	cvc	cvc	NOUN
hassl-883	258	20	unit	unit	NOUN
hassl-883	258	21	.	.	PUNCT
hassl-883	259	1	the	the	DET
hassl-883	259	2	negative	negative	ADJ
hassl-883	259	3	and	and	CCONJ
hassl-883	259	4	significant	significant	ADJ
hassl-883	259	5	coefficient	coefficient	NOUN
hassl-883	259	6	of	of	ADP
hassl-883	259	7	„	„	PUNCT
hassl-883	259	8	non	non	ADJ
hassl-883	259	9	-	-	ADJ
hassl-883	259	10	u.s	u.s	ADJ
hassl-883	259	11	.	.	PROPN
hassl-883	259	12	parent	parent	NOUN
hassl-883	259	13	firm	firm	NOUN
hassl-883	259	14	without	without	ADP
hassl-883	259	15	local	local	ADJ
hassl-883	259	16	cvc‟	cvc‟	NOUN
hassl-883	259	17	(	(	PUNCT
hassl-883	259	18	-0.387	-0.387	PUNCT
hassl-883	259	19	,	,	PUNCT
hassl-883	259	20	p<0.05	p<0.05	NOUN
hassl-883	259	21	)	)	PUNCT
hassl-883	259	22	in	in	ADP
hassl-883	259	23	model	model	NOUN
hassl-883	259	24	6	6	NUM
hassl-883	259	25	presents	present	NOUN
hassl-883	259	26	the	the	DET
hassl-883	259	27	same	same	ADJ
hassl-883	259	28	result	result	NOUN
hassl-883	259	29	as	as	ADP
hassl-883	259	30	in	in	ADP
hassl-883	259	31	model	model	NOUN
hassl-883	259	32	3	3	NUM
hassl-883	259	33	.	.	PUNCT
hassl-883	260	1	unlike	unlike	ADP
hassl-883	260	2	model	model	NOUN
hassl-883	260	3	3	3	NUM
hassl-883	260	4	in	in	ADP
hassl-883	260	5	table	table	NOUN
hassl-883	260	6	1	1	NUM
hassl-883	260	7	,	,	PUNCT
hassl-883	260	8	„	„	PUNCT
hassl-883	260	9	non	non	ADJ
hassl-883	260	10	-	-	ADJ
hassl-883	260	11	u.s	u.s	ADJ
hassl-883	260	12	.	.	PROPN
hassl-883	260	13	parent	parent	NOUN
hassl-883	260	14	firm	firm	NOUN
hassl-883	260	15	with	with	ADP
hassl-883	260	16	local	local	ADJ
hassl-883	260	17	cvc‟	cvc‟	NOUN
hassl-883	260	18	in	in	ADP
hassl-883	260	19	model	model	NOUN
hassl-883	260	20	6	6	NUM
hassl-883	260	21	is	be	AUX
hassl-883	260	22	negative	negative	ADJ
hassl-883	260	23	and	and	CCONJ
hassl-883	260	24	weakly	weakly	ADV
hassl-883	260	25	significant	significant	ADJ
hassl-883	260	26	(	(	PUNCT
hassl-883	260	27	-0.309	-0.309	NOUN
hassl-883	260	28	,	,	PUNCT
hassl-883	260	29	p<0.1	p<0.1	NUM
hassl-883	260	30	)	)	PUNCT
hassl-883	260	31	,	,	PUNCT
hassl-883	260	32	showing	show	VERB
hassl-883	260	33	the	the	DET
hassl-883	260	34	liability	liability	NOUN
hassl-883	260	35	of	of	ADP
hassl-883	260	36	foreignness	foreignness	NOUN
hassl-883	260	37	is	be	AUX
hassl-883	260	38	not	not	PART
hassl-883	260	39	compensated	compensate	VERB
hassl-883	260	40	for	for	ADP
hassl-883	260	41	by	by	ADP
hassl-883	260	42	the	the	DET
hassl-883	260	43	presence	presence	NOUN
hassl-883	260	44	of	of	ADP
hassl-883	260	45	a	a	DET
hassl-883	260	46	local	local	ADJ
hassl-883	260	47	cvc	cvc	NOUN
hassl-883	260	48	unit	unit	NOUN
hassl-883	260	49	.	.	PUNCT
hassl-883	261	1	however	however	ADV
hassl-883	261	2	,	,	PUNCT
hassl-883	261	3	as	as	SCONJ
hassl-883	261	4	shown	show	VERB
hassl-883	261	5	in	in	ADP
hassl-883	261	6	models	model	NOUN
hassl-883	261	7	7	7	NUM
hassl-883	261	8	to	to	ADP
hassl-883	261	9	9	9	NUM
hassl-883	261	10	,	,	PUNCT
hassl-883	261	11	the	the	DET
hassl-883	261	12	effect	effect	NOUN
hassl-883	261	13	of	of	ADP
hassl-883	261	14	establishing	establish	VERB
hassl-883	261	15	a	a	DET
hassl-883	261	16	local	local	ADJ
hassl-883	261	17	cvc	cvc	NOUN
hassl-883	261	18	unit	unit	NOUN
hassl-883	261	19	to	to	PART
hassl-883	261	20	overcome	overcome	VERB
hassl-883	261	21	the	the	DET
hassl-883	261	22	liability	liability	NOUN
hassl-883	261	23	of	of	ADP
hassl-883	261	24	foreignness	foreignness	NOUN
hassl-883	261	25	is	be	AUX
hassl-883	261	26	different	different	ADJ
hassl-883	261	27	in	in	ADP
hassl-883	261	28	the	the	DET
hassl-883	261	29	case	case	NOUN
hassl-883	261	30	of	of	ADP
hassl-883	261	31	ventures	venture	NOUN
hassl-883	261	32	under	under	ADP
hassl-883	261	33	a	a	DET
hassl-883	261	34	strong	strong	ADJ
hassl-883	261	35	ipp	ipp	NOUN
hassl-883	261	36	regime	regime	NOUN
hassl-883	261	37	.	.	PUNCT
hassl-883	262	1	in	in	ADP
hassl-883	262	2	model	model	NOUN
hassl-883	262	3	8	8	NUM
hassl-883	262	4	,	,	PUNCT
hassl-883	262	5	the	the	DET
hassl-883	262	6	coefficient	coefficient	NOUN
hassl-883	262	7	of	of	ADP
hassl-883	262	8	„	„	PUNCT
hassl-883	262	9	non	non	ADJ
hassl-883	262	10	-	-	ADJ
hassl-883	262	11	u.s	u.s	ADJ
hassl-883	262	12	.	.	PROPN
hassl-883	262	13	parent	parent	NOUN
hassl-883	262	14	firm‟	firm‟	NOUN
hassl-883	262	15	is	be	AUX
hassl-883	262	16	not	not	PART
hassl-883	262	17	significant	significant	ADJ
hassl-883	262	18	but	but	CCONJ
hassl-883	262	19	has	have	VERB
hassl-883	262	20	a	a	DET
hassl-883	262	21	positive	positive	ADJ
hassl-883	262	22	value	value	NOUN
hassl-883	262	23	(	(	PUNCT
hassl-883	262	24	0.308	0.308	NUM
hassl-883	262	25	)	)	PUNCT
hassl-883	262	26	.	.	PUNCT
hassl-883	263	1	this	this	PRON
hassl-883	263	2	implies	imply	VERB
hassl-883	263	3	that	that	SCONJ
hassl-883	263	4	early	early	ADJ
hassl-883	263	5	-	-	PUNCT
hassl-883	263	6	stage	stage	NOUN
hassl-883	263	7	cvc	cvc	NOUN
hassl-883	263	8	investments	investment	NOUN
hassl-883	263	9	may	may	AUX
hassl-883	263	10	not	not	PART
hassl-883	263	11	suffer	suffer	VERB
hassl-883	263	12	from	from	ADP
hassl-883	263	13	the	the	DET
hassl-883	263	14	liability	liability	NOUN
hassl-883	263	15	of	of	ADP
hassl-883	263	16	foreignness	foreignness	NOUN
hassl-883	263	17	when	when	SCONJ
hassl-883	263	18	the	the	DET
hassl-883	263	19	target	target	NOUN
hassl-883	263	20	ventures‟	ventures‟	SYM
hassl-883	263	21	ipp	ipp	NOUN
hassl-883	263	22	regime	regime	NOUN
hassl-883	263	23	is	be	AUX
hassl-883	263	24	strong	strong	ADJ
hassl-883	263	25	.	.	PUNCT
hassl-883	264	1	specifically	specifically	ADV
hassl-883	264	2	,	,	PUNCT
hassl-883	264	3	in	in	ADP
hassl-883	264	4	model	model	NOUN
hassl-883	264	5	9	9	NUM
hassl-883	264	6	,	,	PUNCT
hassl-883	264	7	„	„	PUNCT
hassl-883	264	8	non	non	ADJ
hassl-883	264	9	-	-	ADJ
hassl-883	264	10	u.s	u.s	ADJ
hassl-883	264	11	.	.	PROPN
hassl-883	264	12	parent	parent	NOUN
hassl-883	264	13	firm	firm	NOUN
hassl-883	264	14	without	without	ADP
hassl-883	264	15	local	local	ADJ
hassl-883	264	16	cvc‟	cvc‟	NOUN
hassl-883	264	17	is	be	AUX
hassl-883	264	18	negative	negative	ADJ
hassl-883	264	19	but	but	CCONJ
hassl-883	264	20	not	not	PART
hassl-883	264	21	significant	significant	ADJ
hassl-883	264	22	(	(	PUNCT
hassl-883	264	23	-0.422	-0.422	NOUN
hassl-883	264	24	,	,	PUNCT
hassl-883	264	25	p>0.1	p>0.1	NOUN
hassl-883	264	26	)	)	PUNCT
hassl-883	264	27	,	,	PUNCT
hassl-883	264	28	and	and	CCONJ
hassl-883	264	29	„	„	PUNCT
hassl-883	264	30	non	non	ADJ
hassl-883	264	31	-	-	ADJ
hassl-883	264	32	u.s	u.s	ADJ
hassl-883	264	33	.	.	PROPN
hassl-883	264	34	parent	parent	NOUN
hassl-883	264	35	firm	firm	NOUN
hassl-883	264	36	with	with	ADP
hassl-883	264	37	local	local	ADJ
hassl-883	264	38	cvc‟	cvc‟	NOUN
hassl-883	264	39	is	be	AUX
hassl-883	264	40	positive	positive	ADJ
hassl-883	264	41	and	and	CCONJ
hassl-883	264	42	significant	significant	ADJ
hassl-883	264	43	(	(	PUNCT
hassl-883	264	44	0.798	0.798	NUM
hassl-883	264	45	,	,	PUNCT
hassl-883	264	46	p<0.01	p<0.01	PROPN
hassl-883	264	47	)	)	PUNCT
hassl-883	264	48	.	.	PUNCT
hassl-883	265	1	this	this	PRON
hassl-883	265	2	shows	show	VERB
hassl-883	265	3	that	that	SCONJ
hassl-883	265	4	the	the	DET
hassl-883	265	5	liability	liability	NOUN
hassl-883	265	6	of	of	ADP
hassl-883	265	7	foreignness	foreignness	NOUN
hassl-883	265	8	is	be	AUX
hassl-883	265	9	not	not	PART
hassl-883	265	10	present	present	ADJ
hassl-883	265	11	with	with	ADP
hassl-883	265	12	ventures	venture	NOUN
hassl-883	265	13	under	under	ADP
hassl-883	265	14	a	a	DET
hassl-883	265	15	strong	strong	ADJ
hassl-883	265	16	ipp	ipp	NOUN
hassl-883	265	17	regime	regime	NOUN
hassl-883	265	18	.	.	PUNCT
hassl-883	266	1	having	have	VERB
hassl-883	266	2	a	a	DET
hassl-883	266	3	local	local	ADJ
hassl-883	266	4	cvc	cvc	NOUN
hassl-883	266	5	unit	unit	NOUN
hassl-883	266	6	facilitates	facilitate	VERB
hassl-883	266	7	early	early	ADJ
hassl-883	266	8	-	-	PUNCT
hassl-883	266	9	stage	stage	NOUN
hassl-883	266	10	cvc	cvc	NOUN
hassl-883	266	11	investments	investment	NOUN
hassl-883	266	12	for	for	ADP
hassl-883	266	13	foreign	foreign	ADJ
hassl-883	266	14	firms	firm	NOUN
hassl-883	266	15	when	when	SCONJ
hassl-883	266	16	target	target	NOUN
hassl-883	266	17	ventures	venture	NOUN
hassl-883	266	18	are	be	AUX
hassl-883	266	19	under	under	ADP
hassl-883	266	20	a	a	DET
hassl-883	266	21	strong	strong	ADJ
hassl-883	266	22	ipp	ipp	NOUN
hassl-883	266	23	regime	regime	NOUN
hassl-883	266	24	.	.	PUNCT
hassl-883	267	1	hypothesis	hypothesis	NOUN
hassl-883	267	2	2	2	NUM
hassl-883	267	3	is	be	AUX
hassl-883	267	4	thus	thus	ADV
hassl-883	267	5	statistically	statistically	ADV
hassl-883	267	6	supported	support	VERB
hassl-883	267	7	.	.	PUNCT
hassl-883	268	1	6	6	X
hassl-883	268	2	.	.	X
hassl-883	268	3	discussion	discussion	NOUN
hassl-883	268	4	traditionally	traditionally	ADV
hassl-883	268	5	,	,	PUNCT
hassl-883	268	6	technological	technological	ADJ
hassl-883	268	7	acquisition	acquisition	NOUN
hassl-883	268	8	has	have	AUX
hassl-883	268	9	been	be	AUX
hassl-883	268	10	proposed	propose	VERB
hassl-883	268	11	as	as	ADP
hassl-883	268	12	an	an	DET
hassl-883	268	13	important	important	ADJ
hassl-883	268	14	mechanism	mechanism	NOUN
hassl-883	268	15	for	for	ADP
hassl-883	268	16	obtaining	obtain	VERB
hassl-883	268	17	new	new	ADJ
hassl-883	268	18	technological	technological	ADJ
hassl-883	268	19	knowledge	knowledge	NOUN
hassl-883	268	20	(	(	PUNCT
hassl-883	268	21	ahuja	ahuja	PROPN
hassl-883	268	22	&	&	CCONJ
hassl-883	268	23	katila	katila	PROPN
hassl-883	268	24	,	,	PUNCT
hassl-883	268	25	2001	2001	NUM
hassl-883	268	26	)	)	PUNCT
hassl-883	268	27	.	.	PUNCT
hassl-883	269	1	in	in	ADP
hassl-883	269	2	the	the	DET
hassl-883	269	3	late	late	ADJ
hassl-883	269	4	1990s	1990	NOUN
hassl-883	269	5	and	and	CCONJ
hassl-883	269	6	early	early	ADJ
hassl-883	269	7	2000s	2000s	NUM
hassl-883	269	8	,	,	PUNCT
hassl-883	269	9	having	having	AUX
hassl-883	269	10	observed	observe	VERB
hassl-883	269	11	successful	successful	ADJ
hassl-883	269	12	stories	story	NOUN
hassl-883	269	13	of	of	ADP
hassl-883	269	14	many	many	ADJ
hassl-883	269	15	ventures	venture	NOUN
hassl-883	269	16	,	,	PUNCT
hassl-883	269	17	large	large	ADJ
hassl-883	269	18	firms	firm	NOUN
hassl-883	269	19	began	begin	VERB
hassl-883	269	20	to	to	PART
hassl-883	269	21	pay	pay	VERB
hassl-883	269	22	attention	attention	NOUN
hassl-883	269	23	to	to	ADP
hassl-883	269	24	corporate	corporate	ADJ
hassl-883	269	25	venture	venture	NOUN
hassl-883	269	26	capital	capital	NOUN
hassl-883	269	27	(	(	PUNCT
hassl-883	269	28	cvc	cvc	NOUN
hassl-883	269	29	)	)	PUNCT
hassl-883	269	30	programs	program	NOUN
hassl-883	269	31	.	.	PUNCT
hassl-883	270	1	however	however	ADV
hassl-883	270	2	,	,	PUNCT
hassl-883	270	3	the	the	DET
hassl-883	270	4	burst	burst	NOUN
hassl-883	270	5	of	of	ADP
hassl-883	270	6	the	the	DET
hassl-883	270	7	it	it	PRON
hassl-883	270	8	bubble	bubble	NOUN
hassl-883	270	9	in	in	ADP
hassl-883	270	10	the	the	DET
hassl-883	270	11	early	early	ADJ
hassl-883	270	12	2000s	2000s	NUM
hassl-883	270	13	discouraged	discourage	VERB
hassl-883	270	14	many	many	ADJ
hassl-883	270	15	firms	firm	NOUN
hassl-883	270	16	and	and	CCONJ
hassl-883	270	17	significantly	significantly	ADV
hassl-883	270	18	damaged	damage	VERB
hassl-883	270	19	the	the	DET
hassl-883	270	20	cvc	cvc	NOUN
hassl-883	270	21	market	market	NOUN
hassl-883	270	22	as	as	ADV
hassl-883	270	23	well	well	ADV
hassl-883	270	24	.	.	PUNCT
hassl-883	271	1	despite	despite	SCONJ
hassl-883	271	2	the	the	DET
hassl-883	271	3	bubble	bubble	NOUN
hassl-883	271	4	burst	burst	NOUN
hassl-883	271	5	,	,	PUNCT
hassl-883	271	6	some	some	DET
hassl-883	271	7	firms	firm	NOUN
hassl-883	271	8	continued	continue	VERB
hassl-883	271	9	to	to	PART
hassl-883	271	10	operate	operate	VERB
hassl-883	271	11	cvc	cvc	NOUN
hassl-883	271	12	programs	program	NOUN
hassl-883	271	13	and	and	CCONJ
hassl-883	271	14	in	in	ADP
hassl-883	271	15	2019	2019	NUM
hassl-883	271	16	cvc	cvc	NOUN
hassl-883	271	17	still	still	ADV
hassl-883	271	18	accounts	account	VERB
hassl-883	271	19	for	for	ADP
hassl-883	271	20	around	around	ADV
hassl-883	271	21	24	24	NUM
hassl-883	271	22	%	%	NOUN
hassl-883	271	23	of	of	ADP
hassl-883	271	24	the	the	DET
hassl-883	271	25	whole	whole	ADJ
hassl-883	271	26	vc	vc	NOUN
hassl-883	271	27	industry	industry	NOUN
hassl-883	271	28	,	,	PUNCT
hassl-883	271	29	according	accord	VERB
hassl-883	271	30	to	to	ADP
hassl-883	271	31	the	the	DET
hassl-883	271	32	national	national	PROPN
hassl-883	271	33	venture	venture	PROPN
hassl-883	271	34	capital	capital	PROPN
hassl-883	271	35	association	association	PROPN
hassl-883	271	36	.	.	PUNCT
hassl-883	272	1	established	establish	VERB
hassl-883	272	2	firms	firm	NOUN
hassl-883	272	3	engage	engage	VERB
hassl-883	272	4	in	in	ADP
hassl-883	272	5	cvc	cvc	NOUN
hassl-883	272	6	programs	program	NOUN
hassl-883	272	7	for	for	ADP
hassl-883	272	8	the	the	DET
hassl-883	272	9	purposes	purpose	NOUN
hassl-883	272	10	of	of	ADP
hassl-883	272	11	knowledge	knowledge	NOUN
hassl-883	272	12	acquisition	acquisition	NOUN
hassl-883	272	13	,	,	PUNCT
hassl-883	272	14	gathering	gather	VERB
hassl-883	272	15	information	information	NOUN
hassl-883	272	16	on	on	ADP
hassl-883	272	17	emerging	emerge	VERB
hassl-883	272	18	technologies	technology	NOUN
hassl-883	272	19	and	and	CCONJ
hassl-883	272	20	market	market	NOUN
hassl-883	272	21	needs	need	NOUN
hassl-883	272	22	,	,	PUNCT
hassl-883	272	23	and	and	CCONJ
hassl-883	272	24	obtaining	obtain	VERB
hassl-883	272	25	a	a	DET
hassl-883	272	26	real	real	ADJ
hassl-883	272	27	option	option	NOUN
hassl-883	272	28	for	for	ADP
hassl-883	272	29	future	future	ADJ
hassl-883	272	30	business	business	NOUN
hassl-883	272	31	opportunities	opportunity	NOUN
hassl-883	272	32	.	.	PUNCT
hassl-883	273	1	ventures	venture	NOUN
hassl-883	273	2	favor	favor	VERB
hassl-883	273	3	cvc	cvc	NOUN
hassl-883	273	4	over	over	ADP
hassl-883	273	5	other	other	ADJ
hassl-883	273	6	sources	source	NOUN
hassl-883	273	7	of	of	ADP
hassl-883	273	8	capital	capital	NOUN
hassl-883	273	9	because	because	SCONJ
hassl-883	273	10	it	it	PRON
hassl-883	273	11	allows	allow	VERB
hassl-883	273	12	them	they	PRON
hassl-883	273	13	form	form	VERB
hassl-883	273	14	a	a	DET
hassl-883	273	15	close	close	ADJ
hassl-883	273	16	bond	bond	NOUN
hassl-883	273	17	with	with	ADP
hassl-883	273	18	a	a	DET
hassl-883	273	19	large	large	ADJ
hassl-883	273	20	corporation	corporation	NOUN
hassl-883	273	21	.	.	PUNCT
hassl-883	274	1	ventures	venture	NOUN
hassl-883	274	2	can	can	AUX
hassl-883	274	3	obtain	obtain	VERB
hassl-883	274	4	complementary	complementary	ADJ
hassl-883	274	5	assets	asset	NOUN
hassl-883	274	6	needed	need	VERB
hassl-883	274	7	for	for	ADP
hassl-883	274	8	commercialization	commercialization	NOUN
hassl-883	274	9	of	of	ADP
hassl-883	274	10	their	their	PRON
hassl-883	274	11	inventions	invention	NOUN
hassl-883	274	12	and	and	CCONJ
hassl-883	274	13	cvc	cvc	NOUN
hassl-883	274	14	funding	funding	NOUN
hassl-883	274	15	provides	provide	VERB
hassl-883	274	16	an	an	DET
hassl-883	274	17	endorsement	endorsement	NOUN
hassl-883	274	18	effect	effect	NOUN
hassl-883	274	19	,	,	PUNCT
hassl-883	274	20	which	which	PRON
hassl-883	274	21	facilitates	facilitate	VERB
hassl-883	274	22	securing	secure	VERB
hassl-883	274	23	other	other	ADJ
hassl-883	274	24	resources	resource	NOUN
hassl-883	274	25	in	in	ADP
hassl-883	274	26	the	the	DET
hassl-883	274	27	future	future	NOUN
hassl-883	274	28	.	.	PUNCT
hassl-883	275	1	despite	despite	SCONJ
hassl-883	275	2	the	the	DET
hassl-883	275	3	benefits	benefit	NOUN
hassl-883	275	4	of	of	ADP
hassl-883	275	5	early	early	ADJ
hassl-883	275	6	-	-	PUNCT
hassl-883	275	7	stage	stage	NOUN
hassl-883	275	8	cvc	cvc	NOUN
hassl-883	275	9	investment	investment	NOUN
hassl-883	275	10	,	,	PUNCT
hassl-883	275	11	it	it	PRON
hassl-883	275	12	involves	involve	VERB
hassl-883	275	13	two	two	NUM
hassl-883	275	14	types	type	NOUN
hassl-883	275	15	of	of	ADP
hassl-883	275	16	risks	risk	NOUN
hassl-883	275	17	.	.	PUNCT
hassl-883	276	1	first	first	ADV
hassl-883	276	2	,	,	PUNCT
hassl-883	276	3	corporations	corporation	NOUN
hassl-883	276	4	can	can	AUX
hassl-883	276	5	suffer	suffer	VERB
hassl-883	276	6	from	from	ADP
hassl-883	276	7	adverse	adverse	ADJ
hassl-883	276	8	selection	selection	NOUN
hassl-883	276	9	–	–	PUNCT
hassl-883	276	10	the	the	DET
hassl-883	276	11	risk	risk	NOUN
hassl-883	276	12	of	of	ADP
hassl-883	276	13	investing	invest	VERB
hassl-883	276	14	in	in	ADP
hassl-883	276	15	less	less	ADJ
hassl-883	276	16	innovative	innovative	ADJ
hassl-883	276	17	firms	firm	NOUN
hassl-883	276	18	(	(	PUNCT
hassl-883	276	19	dushnitsky	dushnitsky	PROPN
hassl-883	276	20	&	&	CCONJ
hassl-883	276	21	lenox	lenox	NOUN
hassl-883	276	22	,	,	PUNCT
hassl-883	276	23	2005a	2005a	NUM
hassl-883	276	24	)	)	PUNCT
hassl-883	276	25	.	.	PUNCT
hassl-883	277	1	second	second	ADV
hassl-883	277	2	,	,	PUNCT
hassl-883	277	3	ventures	venture	NOUN
hassl-883	277	4	can	can	AUX
hassl-883	277	5	suffer	suffer	VERB
hassl-883	277	6	from	from	ADP
hassl-883	277	7	imitation	imitation	NOUN
hassl-883	277	8	–	–	PUNCT
hassl-883	277	9	the	the	DET
hassl-883	277	10	risk	risk	NOUN
hassl-883	277	11	of	of	ADP
hassl-883	277	12	the	the	DET
hassl-883	277	13	large	large	ADJ
hassl-883	277	14	corporation	corporation	NOUN
hassl-883	277	15	imitating	imitate	VERB
hassl-883	277	16	and	and	CCONJ
hassl-883	277	17	expropriating	expropriate	VERB
hassl-883	277	18	the	the	DET
hassl-883	277	19	entrepreneur‟s	entrepreneur‟s	ADJ
hassl-883	277	20	inventions	invention	NOUN
hassl-883	277	21	(	(	PUNCT
hassl-883	277	22	dushnitsky	dushnitsky	PROPN
hassl-883	277	23	&	&	CCONJ
hassl-883	277	24	shaver	shaver	PROPN
hassl-883	277	25	,	,	PUNCT
hassl-883	277	26	2009	2009	NUM
hassl-883	277	27	)	)	PUNCT
hassl-883	277	28	.	.	PUNCT
hassl-883	278	1	therefore	therefore	ADV
hassl-883	278	2	,	,	PUNCT
hassl-883	278	3	if	if	SCONJ
hassl-883	278	4	these	these	DET
hassl-883	278	5	risks	risk	NOUN
hassl-883	278	6	are	be	AUX
hassl-883	278	7	not	not	PART
hassl-883	278	8	mitigated	mitigate	VERB
hassl-883	278	9	,	,	PUNCT
hassl-883	278	10	early	early	ADJ
hassl-883	278	11	-	-	PUNCT
hassl-883	278	12	stage	stage	NOUN
hassl-883	278	13	cvc	cvc	NOUN
hassl-883	278	14	investment	investment	NOUN
hassl-883	278	15	is	be	AUX
hassl-883	278	16	less	less	ADV
hassl-883	278	17	likely	likely	ADJ
hassl-883	278	18	to	to	PART
hassl-883	278	19	be	be	AUX
hassl-883	278	20	materialized	materialize	VERB
hassl-883	278	21	.	.	PUNCT
hassl-883	279	1	however	however	ADV
hassl-883	279	2	,	,	PUNCT
hassl-883	279	3	due	due	ADP
hassl-883	279	4	to	to	ADP
hassl-883	279	5	the	the	DET
hassl-883	279	6	liability	liability	NOUN
hassl-883	279	7	of	of	ADP
hassl-883	279	8	foreignness	foreignness	NOUN
hassl-883	279	9	,	,	PUNCT
hassl-883	279	10	foreign	foreign	ADJ
hassl-883	279	11	large	large	ADJ
hassl-883	279	12	corporations	corporation	NOUN
hassl-883	279	13	suffer	suffer	VERB
hassl-883	279	14	from	from	ADP
hassl-883	279	15	these	these	DET
hassl-883	279	16	risks	risk	NOUN
hassl-883	279	17	to	to	ADP
hassl-883	279	18	a	a	DET
hassl-883	279	19	greater	great	ADJ
hassl-883	279	20	extent	extent	NOUN
hassl-883	279	21	than	than	SCONJ
hassl-883	279	22	local	local	ADJ
hassl-883	279	23	(	(	PUNCT
hassl-883	279	24	u.s	u.s	PROPN
hassl-883	279	25	.	.	PROPN
hassl-883	279	26	)	)	PUNCT
hassl-883	279	27	firms	firm	NOUN
hassl-883	279	28	do	do	VERB
hassl-883	279	29	.	.	PUNCT
hassl-883	280	1	bell	bell	VERB
hassl-883	280	2	et	et	PROPN
hassl-883	280	3	al	al	PROPN
hassl-883	280	4	.	.	PROPN
hassl-883	281	1	(	(	PUNCT
hassl-883	281	2	2012	2012	NUM
hassl-883	281	3	)	)	PUNCT
hassl-883	281	4	identify	identify	VERB
hassl-883	281	5	four	four	NUM
hassl-883	281	6	sources	source	NOUN
hassl-883	281	7	of	of	ADP
hassl-883	281	8	the	the	DET
hassl-883	281	9	liability	liability	NOUN
hassl-883	281	10	of	of	ADP
hassl-883	281	11	foreignness	foreignness	NOUN
hassl-883	281	12	in	in	ADP
hassl-883	281	13	the	the	DET
hassl-883	281	14	capital	capital	NOUN
hassl-883	281	15	market	market	NOUN
hassl-883	281	16	.	.	PUNCT
hassl-883	282	1	information	information	NOUN
hassl-883	282	2	and	and	CCONJ
hassl-883	282	3	unfamiliarity	unfamiliarity	NOUN
hassl-883	282	4	costs	cost	NOUN
hassl-883	282	5	for	for	ADP
hassl-883	282	6	foreign	foreign	ADJ
hassl-883	282	7	corporations	corporation	NOUN
hassl-883	282	8	exacerbate	exacerbate	VERB
hassl-883	282	9	the	the	DET
hassl-883	282	10	adverse	adverse	ADJ
hassl-883	282	11	selection	selection	NOUN
hassl-883	282	12	risk	risk	NOUN
hassl-883	282	13	as	as	SCONJ
hassl-883	282	14	they	they	PRON
hassl-883	282	15	have	have	VERB
hassl-883	282	16	to	to	PART
hassl-883	282	17	bear	bear	VERB
hassl-883	282	18	more	more	ADJ
hassl-883	282	19	costs	cost	NOUN
hassl-883	282	20	than	than	SCONJ
hassl-883	282	21	local	local	ADJ
hassl-883	282	22	players	player	NOUN
hassl-883	282	23	do	do	VERB
hassl-883	282	24	.	.	PUNCT
hassl-883	283	1	larger	large	ADJ
hassl-883	283	2	institutional	institutional	ADJ
hassl-883	283	3	and	and	CCONJ
hassl-883	283	4	cultural	cultural	ADJ
hassl-883	283	5	distances	distance	NOUN
hassl-883	283	6	between	between	ADP
hassl-883	283	7	foreign	foreign	ADJ
hassl-883	283	8	firms	firm	NOUN
hassl-883	283	9	and	and	CCONJ
hassl-883	283	10	local	local	ADJ
hassl-883	283	11	ventures	venture	NOUN
hassl-883	283	12	exacerbate	exacerbate	VERB
hassl-883	283	13	the	the	DET
hassl-883	283	14	costs	cost	NOUN
hassl-883	283	15	for	for	ADP
hassl-883	283	16	ventures	venture	NOUN
hassl-883	283	17	in	in	ADP
hassl-883	283	18	mitigating	mitigate	VERB
hassl-883	283	19	the	the	DET
hassl-883	283	20	imitation	imitation	NOUN
hassl-883	283	21	risk	risk	NOUN
hassl-883	283	22	.	.	PUNCT
hassl-883	284	1	as	as	ADP
hassl-883	284	2	a	a	DET
hassl-883	284	3	result	result	NOUN
hassl-883	284	4	,	,	PUNCT
hassl-883	284	5	early	early	ADJ
hassl-883	284	6	-	-	PUNCT
hassl-883	284	7	stage	stage	NOUN
hassl-883	284	8	cvc	cvc	NOUN
hassl-883	284	9	investment	investment	NOUN
hassl-883	284	10	is	be	AUX
hassl-883	284	11	less	less	ADV
hassl-883	284	12	likely	likely	ADJ
hassl-883	284	13	in	in	ADP
hassl-883	284	14	the	the	DET
hassl-883	284	15	cross	cross	NOUN
hassl-883	284	16	border	border	NOUN
hassl-883	284	17	context	context	NOUN
hassl-883	284	18	.	.	PUNCT
hassl-883	285	1	humanities	humanity	NOUN
hassl-883	285	2	and	and	CCONJ
hassl-883	285	3	social	social	ADJ
hassl-883	285	4	sciences	science	NOUN
hassl-883	285	5	letters	letter	NOUN
hassl-883	285	6	,	,	PUNCT
hassl-883	285	7	2021	2021	NUM
hassl-883	285	8	,	,	PUNCT
hassl-883	285	9	9(1	9(1	NUM
hassl-883	285	10	):	):	PUNCT
hassl-883	285	11	72	72	NUM
hassl-883	285	12	-	-	SYM
hassl-883	285	13	85	85	NUM
hassl-883	285	14	82	82	NUM
hassl-883	285	15	©	©	PROPN
hassl-883	285	16	2021	2021	NUM
hassl-883	285	17	conscientia	conscientia	PROPN
hassl-883	285	18	beam	beam	PROPN
hassl-883	285	19	.	.	PUNCT
hassl-883	286	1	all	all	DET
hassl-883	286	2	rights	right	NOUN
hassl-883	286	3	reserved	reserve	VERB
hassl-883	286	4	.	.	PUNCT
hassl-883	287	1	to	to	PART
hassl-883	287	2	overcome	overcome	VERB
hassl-883	287	3	the	the	DET
hassl-883	287	4	liability	liability	NOUN
hassl-883	287	5	of	of	ADP
hassl-883	287	6	foreignness	foreignness	NOUN
hassl-883	287	7	,	,	PUNCT
hassl-883	287	8	foreign	foreign	ADJ
hassl-883	287	9	firms	firm	NOUN
hassl-883	287	10	usually	usually	ADV
hassl-883	287	11	establish	establish	VERB
hassl-883	287	12	a	a	DET
hassl-883	287	13	local	local	ADJ
hassl-883	287	14	cvc	cvc	NOUN
hassl-883	287	15	unit	unit	NOUN
hassl-883	287	16	(	(	PUNCT
hassl-883	287	17	lu	lu	PROPN
hassl-883	287	18	&	&	CCONJ
hassl-883	287	19	hwang	hwang	PROPN
hassl-883	287	20	,	,	PUNCT
hassl-883	287	21	2010	2010	NUM
hassl-883	287	22	)	)	PUNCT
hassl-883	287	23	.	.	PUNCT
hassl-883	288	1	however	however	ADV
hassl-883	288	2	,	,	PUNCT
hassl-883	288	3	this	this	DET
hassl-883	288	4	mechanism	mechanism	NOUN
hassl-883	288	5	reduces	reduce	VERB
hassl-883	288	6	only	only	ADV
hassl-883	288	7	the	the	DET
hassl-883	288	8	information	information	NOUN
hassl-883	288	9	and	and	CCONJ
hassl-883	288	10	unfamiliarity	unfamiliarity	NOUN
hassl-883	288	11	costs	cost	NOUN
hassl-883	288	12	,	,	PUNCT
hassl-883	288	13	hence	hence	ADV
hassl-883	288	14	the	the	DET
hassl-883	288	15	adverse	adverse	ADJ
hassl-883	288	16	selection	selection	NOUN
hassl-883	288	17	risk	risk	NOUN
hassl-883	288	18	,	,	PUNCT
hassl-883	288	19	but	but	CCONJ
hassl-883	288	20	not	not	PART
hassl-883	288	21	the	the	DET
hassl-883	288	22	institutional	institutional	ADJ
hassl-883	288	23	and	and	CCONJ
hassl-883	288	24	cultural	cultural	ADJ
hassl-883	288	25	distances	distance	NOUN
hassl-883	288	26	,	,	PUNCT
hassl-883	288	27	because	because	SCONJ
hassl-883	288	28	the	the	DET
hassl-883	288	29	operating	operating	NOUN
hassl-883	288	30	entity	entity	NOUN
hassl-883	288	31	is	be	AUX
hassl-883	288	32	still	still	ADV
hassl-883	288	33	outside	outside	ADP
hassl-883	288	34	the	the	DET
hassl-883	288	35	u.s	u.s	PROPN
hassl-883	288	36	.	.	PROPN
hassl-883	288	37	therefore	therefore	ADV
hassl-883	288	38	,	,	PUNCT
hassl-883	288	39	having	have	VERB
hassl-883	288	40	a	a	DET
hassl-883	288	41	local	local	ADJ
hassl-883	288	42	cvc	cvc	NOUN
hassl-883	288	43	unit	unit	NOUN
hassl-883	288	44	does	do	AUX
hassl-883	288	45	not	not	PART
hassl-883	288	46	reduce	reduce	VERB
hassl-883	288	47	the	the	DET
hassl-883	288	48	imitation	imitation	NOUN
hassl-883	288	49	risk	risk	NOUN
hassl-883	288	50	to	to	ADP
hassl-883	288	51	ventures	venture	NOUN
hassl-883	288	52	.	.	PUNCT
hassl-883	289	1	to	to	PART
hassl-883	289	2	mitigate	mitigate	VERB
hassl-883	289	3	the	the	DET
hassl-883	289	4	imitation	imitation	NOUN
hassl-883	289	5	risk	risk	NOUN
hassl-883	289	6	,	,	PUNCT
hassl-883	289	7	it	it	PRON
hassl-883	289	8	is	be	AUX
hassl-883	289	9	necessary	necessary	ADJ
hassl-883	289	10	to	to	PART
hassl-883	289	11	weaken	weaken	VERB
hassl-883	289	12	the	the	DET
hassl-883	289	13	effect	effect	NOUN
hassl-883	289	14	of	of	ADP
hassl-883	289	15	institutional	institutional	ADJ
hassl-883	289	16	and	and	CCONJ
hassl-883	289	17	cultural	cultural	ADJ
hassl-883	289	18	distances	distance	NOUN
hassl-883	289	19	.	.	PUNCT
hassl-883	290	1	this	this	PRON
hassl-883	290	2	can	can	AUX
hassl-883	290	3	be	be	AUX
hassl-883	290	4	done	do	VERB
hassl-883	290	5	by	by	ADP
hassl-883	290	6	increasing	increase	VERB
hassl-883	290	7	the	the	DET
hassl-883	290	8	protection	protection	NOUN
hassl-883	290	9	surrounding	surround	VERB
hassl-883	290	10	the	the	DET
hassl-883	290	11	venture‟s	venture‟s	NOUN
hassl-883	290	12	invention	invention	NOUN
hassl-883	290	13	.	.	PUNCT
hassl-883	291	1	under	under	ADP
hassl-883	291	2	a	a	DET
hassl-883	291	3	strong	strong	ADJ
hassl-883	291	4	ipp	ipp	NOUN
hassl-883	291	5	regime	regime	NOUN
hassl-883	291	6	,	,	PUNCT
hassl-883	291	7	the	the	DET
hassl-883	291	8	venture‟s	venture‟s	NOUN
hassl-883	291	9	invention	invention	NOUN
hassl-883	291	10	is	be	AUX
hassl-883	291	11	more	more	ADV
hassl-883	291	12	comprehensively	comprehensively	ADV
hassl-883	291	13	protected	protect	VERB
hassl-883	291	14	by	by	ADP
hassl-883	291	15	patent	patent	NOUN
hassl-883	291	16	(	(	PUNCT
hassl-883	291	17	cohen	cohen	PROPN
hassl-883	291	18	et	et	PROPN
hassl-883	291	19	al	al	PROPN
hassl-883	291	20	.	.	PROPN
hassl-883	291	21	,	,	PUNCT
hassl-883	291	22	2001	2001	NUM
hassl-883	291	23	)	)	PUNCT
hassl-883	291	24	.	.	PUNCT
hassl-883	292	1	considering	consider	VERB
hassl-883	292	2	international	international	ADJ
hassl-883	292	3	cvc	cvc	NOUN
hassl-883	292	4	investment	investment	NOUN
hassl-883	292	5	is	be	AUX
hassl-883	292	6	more	more	ADV
hassl-883	292	7	beneficial	beneficial	ADJ
hassl-883	292	8	to	to	ADP
hassl-883	292	9	the	the	DET
hassl-883	292	10	internalization	internalization	NOUN
hassl-883	292	11	of	of	ADP
hassl-883	292	12	ventures	venture	NOUN
hassl-883	292	13	,	,	PUNCT
hassl-883	292	14	early	early	ADJ
hassl-883	292	15	-	-	PUNCT
hassl-883	292	16	stage	stage	NOUN
hassl-883	292	17	cvc	cvc	NOUN
hassl-883	292	18	investment	investment	NOUN
hassl-883	292	19	is	be	AUX
hassl-883	292	20	more	more	ADV
hassl-883	292	21	likely	likely	ADJ
hassl-883	292	22	to	to	PART
hassl-883	292	23	be	be	AUX
hassl-883	292	24	materialized	materialize	VERB
hassl-883	292	25	under	under	ADP
hassl-883	292	26	a	a	DET
hassl-883	292	27	strong	strong	ADJ
hassl-883	292	28	ipp	ipp	NOUN
hassl-883	292	29	regime	regime	NOUN
hassl-883	292	30	.	.	PUNCT
hassl-883	293	1	this	this	DET
hassl-883	293	2	study	study	NOUN
hassl-883	293	3	advances	advance	VERB
hassl-883	293	4	prior	prior	ADJ
hassl-883	293	5	research	research	NOUN
hassl-883	293	6	in	in	ADP
hassl-883	293	7	several	several	ADJ
hassl-883	293	8	ways	way	NOUN
hassl-883	293	9	.	.	PUNCT
hassl-883	294	1	first	first	ADV
hassl-883	294	2	,	,	PUNCT
hassl-883	294	3	based	base	VERB
hassl-883	294	4	on	on	ADP
hassl-883	294	5	the	the	DET
hassl-883	294	6	propositions	proposition	NOUN
hassl-883	294	7	of	of	ADP
hassl-883	294	8	bell	bell	NOUN
hassl-883	294	9	et	et	PROPN
hassl-883	294	10	al	al	PROPN
hassl-883	294	11	.	.	PROPN
hassl-883	295	1	(	(	PUNCT
hassl-883	295	2	2012	2012	NUM
hassl-883	295	3	)	)	PUNCT
hassl-883	295	4	,	,	PUNCT
hassl-883	295	5	it	it	PRON
hassl-883	295	6	extends	extend	VERB
hassl-883	295	7	the	the	DET
hassl-883	295	8	research	research	NOUN
hassl-883	295	9	on	on	ADP
hassl-883	295	10	the	the	DET
hassl-883	295	11	liability	liability	NOUN
hassl-883	295	12	of	of	ADP
hassl-883	295	13	foreignness	foreignness	NOUN
hassl-883	295	14	from	from	ADP
hassl-883	295	15	the	the	DET
hassl-883	295	16	perspective	perspective	NOUN
hassl-883	295	17	of	of	ADP
hassl-883	295	18	cvc	cvc	NOUN
hassl-883	295	19	investment	investment	NOUN
hassl-883	295	20	.	.	PUNCT
hassl-883	296	1	previous	previous	ADJ
hassl-883	296	2	liability	liability	NOUN
hassl-883	296	3	of	of	ADP
hassl-883	296	4	foreignness	foreignness	ADJ
hassl-883	296	5	research	research	NOUN
hassl-883	296	6	focused	focus	VERB
hassl-883	296	7	on	on	ADP
hassl-883	296	8	the	the	DET
hassl-883	296	9	global	global	ADJ
hassl-883	296	10	expansion	expansion	NOUN
hassl-883	296	11	of	of	ADP
hassl-883	296	12	manufacturing	manufacturing	NOUN
hassl-883	296	13	industries	industry	NOUN
hassl-883	296	14	;	;	PUNCT
hassl-883	296	15	few	few	ADJ
hassl-883	296	16	had	have	AUX
hassl-883	296	17	focused	focus	VERB
hassl-883	296	18	on	on	ADP
hassl-883	296	19	the	the	DET
hassl-883	296	20	capital	capital	NOUN
hassl-883	296	21	market	market	NOUN
hassl-883	296	22	,	,	PUNCT
hassl-883	296	23	and	and	CCONJ
hassl-883	296	24	none	none	NOUN
hassl-883	296	25	on	on	ADP
hassl-883	296	26	cvc	cvc	NOUN
hassl-883	296	27	investment	investment	NOUN
hassl-883	296	28	.	.	PUNCT
hassl-883	297	1	second	second	ADJ
hassl-883	297	2	,	,	PUNCT
hassl-883	297	3	this	this	PRON
hassl-883	297	4	combines	combine	VERB
hassl-883	297	5	the	the	DET
hassl-883	297	6	studies	study	NOUN
hassl-883	297	7	of	of	ADP
hassl-883	297	8	dushnitsky	dushnitsky	ADJ
hassl-883	297	9	.	.	PUNCT
hassl-883	298	1	and	and	CCONJ
hassl-883	298	2	lenox	lenox	PROPN
hassl-883	298	3	(	(	PUNCT
hassl-883	298	4	2005a	2005a	NUM
hassl-883	298	5	)	)	PUNCT
hassl-883	298	6	and	and	CCONJ
hassl-883	298	7	(	(	PUNCT
hassl-883	298	8	dushnitsky	dushnitsky	PROPN
hassl-883	298	9	&	&	CCONJ
hassl-883	298	10	shaver	shaver	PROPN
hassl-883	298	11	,	,	PUNCT
hassl-883	298	12	2009	2009	NUM
hassl-883	298	13	)	)	PUNCT
hassl-883	298	14	by	by	ADP
hassl-883	298	15	considering	consider	VERB
hassl-883	298	16	the	the	DET
hassl-883	298	17	ex	ex	NOUN
hassl-883	298	18	-	-	NOUN
hassl-883	298	19	ante	ante	ADJ
hassl-883	298	20	expected	expect	VERB
hassl-883	298	21	risk	risk	NOUN
hassl-883	298	22	of	of	ADP
hassl-883	298	23	investors	investor	NOUN
hassl-883	298	24	and	and	CCONJ
hassl-883	298	25	investees	investee	NOUN
hassl-883	298	26	.	.	PUNCT
hassl-883	299	1	the	the	DET
hassl-883	299	2	extant	extant	ADJ
hassl-883	299	3	literature	literature	NOUN
hassl-883	299	4	focuses	focus	VERB
hassl-883	299	5	on	on	ADP
hassl-883	299	6	the	the	DET
hassl-883	299	7	imitation	imitation	NOUN
hassl-883	299	8	risk	risk	NOUN
hassl-883	299	9	that	that	SCONJ
hassl-883	299	10	ventures	venture	NOUN
hassl-883	299	11	would	would	AUX
hassl-883	299	12	suffer	suffer	VERB
hassl-883	299	13	from	from	ADP
hassl-883	299	14	receiving	receive	VERB
hassl-883	299	15	cvc	cvc	NOUN
hassl-883	299	16	investments	investment	NOUN
hassl-883	299	17	.	.	PUNCT
hassl-883	300	1	this	this	DET
hassl-883	300	2	study	study	NOUN
hassl-883	300	3	,	,	PUNCT
hassl-883	300	4	however	however	ADV
hassl-883	300	5	,	,	PUNCT
hassl-883	300	6	highlights	highlight	NOUN
hassl-883	300	7	not	not	PART
hassl-883	300	8	only	only	ADV
hassl-883	300	9	the	the	DET
hassl-883	300	10	imitation	imitation	NOUN
hassl-883	300	11	risk	risk	NOUN
hassl-883	300	12	for	for	ADP
hassl-883	300	13	ventures	venture	NOUN
hassl-883	300	14	but	but	CCONJ
hassl-883	300	15	also	also	ADV
hassl-883	300	16	the	the	DET
hassl-883	300	17	adverse	adverse	ADJ
hassl-883	300	18	selection	selection	NOUN
hassl-883	300	19	risk	risk	NOUN
hassl-883	300	20	for	for	ADP
hassl-883	300	21	corporate	corporate	ADJ
hassl-883	300	22	investors	investor	NOUN
hassl-883	300	23	.	.	PUNCT
hassl-883	301	1	unless	unless	SCONJ
hassl-883	301	2	the	the	DET
hassl-883	301	3	adverse	adverse	ADJ
hassl-883	301	4	selection	selection	NOUN
hassl-883	301	5	risk	risk	NOUN
hassl-883	301	6	is	be	AUX
hassl-883	301	7	mitigated	mitigate	VERB
hassl-883	301	8	,	,	PUNCT
hassl-883	301	9	cvc	cvc	NOUN
hassl-883	301	10	investments	investment	NOUN
hassl-883	301	11	would	would	AUX
hassl-883	301	12	not	not	PART
hassl-883	301	13	be	be	AUX
hassl-883	301	14	materialized	materialize	VERB
hassl-883	301	15	.	.	PUNCT
hassl-883	302	1	this	this	DET
hassl-883	302	2	research	research	NOUN
hassl-883	302	3	is	be	AUX
hassl-883	302	4	not	not	PART
hassl-883	302	5	without	without	ADP
hassl-883	302	6	limitations	limitation	NOUN
hassl-883	302	7	.	.	PUNCT
hassl-883	303	1	in	in	ADP
hassl-883	303	2	the	the	DET
hassl-883	303	3	first	first	ADJ
hassl-883	303	4	place	place	NOUN
hassl-883	303	5	,	,	PUNCT
hassl-883	303	6	following	follow	VERB
hassl-883	303	7	dushnitsky	dushnitsky	PROPN
hassl-883	303	8	and	and	CCONJ
hassl-883	303	9	shaver	shaver	NOUN
hassl-883	303	10	(	(	PUNCT
hassl-883	303	11	2009	2009	NUM
hassl-883	303	12	)	)	PUNCT
hassl-883	303	13	,	,	PUNCT
hassl-883	303	14	we	we	PRON
hassl-883	303	15	used	use	VERB
hassl-883	303	16	veic	veic	VERB
hassl-883	303	17	to	to	PART
hassl-883	303	18	measure	measure	VERB
hassl-883	303	19	the	the	DET
hassl-883	303	20	overall	overall	ADJ
hassl-883	303	21	ipp	ipp	PROPN
hassl-883	303	22	regime	regime	NOUN
hassl-883	303	23	of	of	ADP
hassl-883	303	24	the	the	DET
hassl-883	303	25	ventures	venture	NOUN
hassl-883	303	26	.	.	PUNCT
hassl-883	304	1	yet	yet	ADV
hassl-883	304	2	,	,	PUNCT
hassl-883	304	3	this	this	PRON
hassl-883	304	4	may	may	AUX
hassl-883	304	5	not	not	PART
hassl-883	304	6	represent	represent	VERB
hassl-883	304	7	the	the	DET
hassl-883	304	8	actual	actual	ADJ
hassl-883	304	9	level	level	NOUN
hassl-883	304	10	of	of	ADP
hassl-883	304	11	ip	ip	DET
hassl-883	304	12	protection	protection	NOUN
hassl-883	304	13	of	of	ADP
hassl-883	304	14	each	each	DET
hassl-883	304	15	venture	venture	NOUN
hassl-883	304	16	.	.	PUNCT
hassl-883	305	1	second	second	ADV
hassl-883	305	2	,	,	PUNCT
hassl-883	305	3	there	there	PRON
hassl-883	305	4	are	be	VERB
hassl-883	305	5	some	some	DET
hassl-883	305	6	cases	case	NOUN
hassl-883	305	7	in	in	ADP
hassl-883	305	8	which	which	PRON
hassl-883	305	9	the	the	DET
hassl-883	305	10	headquarters	headquarters	NOUN
hassl-883	305	11	of	of	ADP
hassl-883	305	12	a	a	DET
hassl-883	305	13	corporation	corporation	NOUN
hassl-883	305	14	are	be	AUX
hassl-883	305	15	located	locate	VERB
hassl-883	305	16	outside	outside	ADP
hassl-883	305	17	the	the	DET
hassl-883	305	18	u.s	u.s	PROPN
hassl-883	305	19	.	.	PROPN
hassl-883	306	1	but	but	CCONJ
hassl-883	306	2	their	their	PRON
hassl-883	306	3	major	major	ADJ
hassl-883	306	4	operation	operation	NOUN
hassl-883	306	5	is	be	AUX
hassl-883	306	6	in	in	ADP
hassl-883	306	7	the	the	DET
hassl-883	306	8	u.s	u.s	PROPN
hassl-883	306	9	.	.	PROPN
hassl-883	306	10	for	for	ADP
hassl-883	306	11	example	example	NOUN
hassl-883	306	12	,	,	PUNCT
hassl-883	306	13	tyco	tyco	PROPN
hassl-883	306	14	international	international	PROPN
hassl-883	306	15	was	be	AUX
hassl-883	306	16	originally	originally	ADV
hassl-883	306	17	incorporated	incorporate	VERB
hassl-883	306	18	in	in	ADP
hassl-883	306	19	massachusetts	massachusetts	PROPN
hassl-883	306	20	and	and	CCONJ
hassl-883	306	21	has	have	VERB
hassl-883	306	22	its	its	PRON
hassl-883	306	23	operations	operation	NOUN
hassl-883	306	24	in	in	ADP
hassl-883	306	25	the	the	DET
hassl-883	306	26	u.s	u.s	PROPN
hassl-883	306	27	.	.	PROPN
hassl-883	306	28	,	,	PUNCT
hassl-883	306	29	but	but	CCONJ
hassl-883	306	30	the	the	DET
hassl-883	306	31	headquarters	headquarter	NOUN
hassl-883	306	32	are	be	AUX
hassl-883	306	33	in	in	ADP
hassl-883	306	34	switzerland	switzerland	PROPN
hassl-883	306	35	.	.	PUNCT
hassl-883	307	1	however	however	ADV
hassl-883	307	2	,	,	PUNCT
hassl-883	307	3	the	the	DET
hassl-883	307	4	proportion	proportion	NOUN
hassl-883	307	5	of	of	ADP
hassl-883	307	6	these	these	DET
hassl-883	307	7	cases	case	NOUN
hassl-883	307	8	is	be	AUX
hassl-883	307	9	not	not	PART
hassl-883	307	10	large	large	ADJ
hassl-883	307	11	enough	enough	ADV
hassl-883	307	12	to	to	PART
hassl-883	307	13	affect	affect	VERB
hassl-883	307	14	the	the	DET
hassl-883	307	15	results	result	NOUN
hassl-883	307	16	.	.	PUNCT
hassl-883	308	1	contrary	contrary	ADJ
hassl-883	308	2	to	to	ADP
hassl-883	308	3	conventional	conventional	ADJ
hassl-883	308	4	suggestions	suggestion	NOUN
hassl-883	308	5	from	from	ADP
hassl-883	308	6	the	the	DET
hassl-883	308	7	liability	liability	NOUN
hassl-883	308	8	of	of	ADP
hassl-883	308	9	foreignness	foreignness	NOUN
hassl-883	308	10	literature	literature	NOUN
hassl-883	308	11	,	,	PUNCT
hassl-883	308	12	the	the	DET
hassl-883	308	13	establishment	establishment	NOUN
hassl-883	308	14	of	of	ADP
hassl-883	308	15	a	a	DET
hassl-883	308	16	local	local	ADJ
hassl-883	308	17	unit	unit	NOUN
hassl-883	308	18	by	by	ADP
hassl-883	308	19	a	a	DET
hassl-883	308	20	foreign	foreign	ADJ
hassl-883	308	21	corporation	corporation	NOUN
hassl-883	308	22	only	only	ADV
hassl-883	308	23	reduces	reduce	VERB
hassl-883	308	24	the	the	DET
hassl-883	308	25	risk	risk	NOUN
hassl-883	308	26	for	for	ADP
hassl-883	308	27	the	the	DET
hassl-883	308	28	investor	investor	NOUN
hassl-883	308	29	,	,	PUNCT
hassl-883	308	30	specifically	specifically	ADV
hassl-883	308	31	,	,	PUNCT
hassl-883	308	32	their	their	PRON
hassl-883	308	33	adverse	adverse	ADJ
hassl-883	308	34	selection	selection	NOUN
hassl-883	308	35	risk	risk	NOUN
hassl-883	308	36	.	.	PUNCT
hassl-883	309	1	considering	consider	VERB
hassl-883	309	2	the	the	DET
hassl-883	309	3	fact	fact	NOUN
hassl-883	309	4	that	that	SCONJ
hassl-883	309	5	cvc	cvc	NOUN
hassl-883	309	6	investment	investment	NOUN
hassl-883	309	7	is	be	AUX
hassl-883	309	8	a	a	DET
hassl-883	309	9	seller‟s	seller‟s	NOUN
hassl-883	309	10	market	market	NOUN
hassl-883	309	11	(	(	PUNCT
hassl-883	309	12	graebner	graebner	NOUN
hassl-883	309	13	&	&	CCONJ
hassl-883	309	14	eisenhardt	eisenhardt	PROPN
hassl-883	309	15	,	,	PUNCT
hassl-883	309	16	2004	2004	NUM
hassl-883	309	17	)	)	PUNCT
hassl-883	309	18	,	,	PUNCT
hassl-883	309	19	the	the	DET
hassl-883	309	20	investee‟s	investee‟s	ADJ
hassl-883	309	21	side	side	NOUN
hassl-883	309	22	,	,	PUNCT
hassl-883	309	23	i.e.	i.e.	X
hassl-883	309	24	,	,	PUNCT
hassl-883	309	25	the	the	DET
hassl-883	309	26	imitation	imitation	NOUN
hassl-883	309	27	risk	risk	NOUN
hassl-883	309	28	for	for	ADP
hassl-883	309	29	ventures	venture	NOUN
hassl-883	309	30	,	,	PUNCT
hassl-883	309	31	has	have	VERB
hassl-883	309	32	to	to	PART
hassl-883	309	33	be	be	AUX
hassl-883	309	34	taken	take	VERB
hassl-883	309	35	into	into	ADP
hassl-883	309	36	account	account	NOUN
hassl-883	309	37	.	.	PUNCT
hassl-883	310	1	this	this	PRON
hassl-883	310	2	is	be	AUX
hassl-883	310	3	why	why	SCONJ
hassl-883	310	4	the	the	DET
hassl-883	310	5	likelihood	likelihood	NOUN
hassl-883	310	6	of	of	ADP
hassl-883	310	7	early	early	ADJ
hassl-883	310	8	-	-	PUNCT
hassl-883	310	9	stage	stage	NOUN
hassl-883	310	10	cvc	cvc	NOUN
hassl-883	310	11	investment	investment	NOUN
hassl-883	310	12	is	be	AUX
hassl-883	310	13	moderated	moderate	VERB
hassl-883	310	14	by	by	ADP
hassl-883	310	15	the	the	DET
hassl-883	310	16	ipp	ipp	PROPN
hassl-883	310	17	regime	regime	NOUN
hassl-883	310	18	when	when	SCONJ
hassl-883	310	19	the	the	DET
hassl-883	310	20	foreign	foreign	ADJ
hassl-883	310	21	corporations	corporation	NOUN
hassl-883	310	22	have	have	VERB
hassl-883	310	23	a	a	DET
hassl-883	310	24	local	local	ADJ
hassl-883	310	25	cvc	cvc	NOUN
hassl-883	310	26	unit	unit	NOUN
hassl-883	310	27	.	.	PUNCT
hassl-883	311	1	therefore	therefore	ADV
hassl-883	311	2	,	,	PUNCT
hassl-883	311	3	to	to	PART
hassl-883	311	4	overcome	overcome	VERB
hassl-883	311	5	the	the	DET
hassl-883	311	6	liability	liability	NOUN
hassl-883	311	7	of	of	ADP
hassl-883	311	8	foreignness	foreignness	NOUN
hassl-883	311	9	,	,	PUNCT
hassl-883	311	10	foreign	foreign	ADJ
hassl-883	311	11	firms	firm	NOUN
hassl-883	311	12	must	must	AUX
hassl-883	311	13	consider	consider	VERB
hassl-883	311	14	not	not	PART
hassl-883	311	15	only	only	ADV
hassl-883	311	16	building	build	VERB
hassl-883	311	17	up	up	ADP
hassl-883	311	18	social	social	ADJ
hassl-883	311	19	connections	connection	NOUN
hassl-883	311	20	in	in	ADP
hassl-883	311	21	the	the	DET
hassl-883	311	22	u.s	u.s	PROPN
hassl-883	311	23	.	.	PROPN
hassl-883	312	1	but	but	CCONJ
hassl-883	312	2	also	also	ADV
hassl-883	312	3	how	how	SCONJ
hassl-883	312	4	they	they	PRON
hassl-883	312	5	might	might	AUX
hassl-883	312	6	protect	protect	VERB
hassl-883	312	7	the	the	DET
hassl-883	312	8	technological	technological	ADJ
hassl-883	312	9	inventions	invention	NOUN
hassl-883	312	10	of	of	ADP
hassl-883	312	11	ventures	venture	NOUN
hassl-883	312	12	or	or	CCONJ
hassl-883	312	13	how	how	SCONJ
hassl-883	312	14	they	they	PRON
hassl-883	312	15	could	could	AUX
hassl-883	312	16	give	give	VERB
hassl-883	312	17	the	the	DET
hassl-883	312	18	ventures	venture	NOUN
hassl-883	312	19	confidence	confidence	NOUN
hassl-883	312	20	that	that	SCONJ
hassl-883	312	21	they	they	PRON
hassl-883	312	22	would	would	AUX
hassl-883	312	23	not	not	PART
hassl-883	312	24	expropriate	expropriate	VERB
hassl-883	312	25	the	the	DET
hassl-883	312	26	technology	technology	NOUN
hassl-883	312	27	.	.	PUNCT
hassl-883	313	1	hence	hence	ADV
hassl-883	313	2	,	,	PUNCT
hassl-883	313	3	apart	apart	ADV
hassl-883	313	4	from	from	ADP
hassl-883	313	5	building	build	VERB
hassl-883	313	6	up	up	ADP
hassl-883	313	7	social	social	ADJ
hassl-883	313	8	ties	tie	NOUN
hassl-883	313	9	with	with	ADP
hassl-883	313	10	other	other	ADJ
hassl-883	313	11	vc	vc	PROPN
hassl-883	313	12	investors	investor	NOUN
hassl-883	313	13	,	,	PUNCT
hassl-883	313	14	building	build	VERB
hassl-883	313	15	up	up	ADP
hassl-883	313	16	social	social	ADJ
hassl-883	313	17	ties	tie	NOUN
hassl-883	313	18	and	and	CCONJ
hassl-883	313	19	trust	trust	NOUN
hassl-883	313	20	-	-	PUNCT
hassl-883	313	21	based	base	VERB
hassl-883	313	22	relationships	relationship	NOUN
hassl-883	313	23	with	with	ADP
hassl-883	313	24	ventures	venture	NOUN
hassl-883	313	25	seems	seem	VERB
hassl-883	313	26	to	to	PART
hassl-883	313	27	be	be	AUX
hassl-883	313	28	important	important	ADJ
hassl-883	313	29	.	.	PUNCT
hassl-883	314	1	in	in	ADP
hassl-883	314	2	this	this	DET
hassl-883	314	3	vein	vein	NOUN
hassl-883	314	4	,	,	PUNCT
hassl-883	314	5	future	future	ADJ
hassl-883	314	6	research	research	NOUN
hassl-883	314	7	should	should	AUX
hassl-883	314	8	focus	focus	VERB
hassl-883	314	9	more	more	ADV
hassl-883	314	10	on	on	ADP
hassl-883	314	11	the	the	DET
hassl-883	314	12	bilateral	bilateral	ADJ
hassl-883	314	13	aspect	aspect	NOUN
hassl-883	314	14	of	of	ADP
hassl-883	314	15	cvc	cvc	NOUN
hassl-883	314	16	investment	investment	NOUN
hassl-883	314	17	in	in	ADP
hassl-883	314	18	overcoming	overcome	VERB
hassl-883	314	19	the	the	DET
hassl-883	314	20	liability	liability	NOUN
hassl-883	314	21	of	of	ADP
hassl-883	314	22	foreignness	foreignness	NOUN
hassl-883	314	23	.	.	PUNCT
hassl-883	315	1	building	build	VERB
hassl-883	315	2	a	a	DET
hassl-883	315	3	reputation	reputation	NOUN
hassl-883	315	4	of	of	ADP
hassl-883	315	5	being	be	AUX
hassl-883	315	6	a	a	DET
hassl-883	315	7	good	good	ADJ
hassl-883	315	8	investor	investor	NOUN
hassl-883	315	9	,	,	PUNCT
hassl-883	315	10	not	not	PART
hassl-883	315	11	expropriating	expropriate	VERB
hassl-883	315	12	the	the	DET
hassl-883	315	13	technology	technology	NOUN
hassl-883	315	14	,	,	PUNCT
hassl-883	315	15	and	and	CCONJ
hassl-883	315	16	creating	create	VERB
hassl-883	315	17	a	a	DET
hassl-883	315	18	win	win	NOUN
hassl-883	315	19	-	-	PUNCT
hassl-883	315	20	win	win	NOUN
hassl-883	315	21	relationship	relationship	NOUN
hassl-883	315	22	with	with	ADP
hassl-883	315	23	investees	investee	NOUN
hassl-883	315	24	could	could	AUX
hassl-883	315	25	be	be	AUX
hassl-883	315	26	an	an	DET
hassl-883	315	27	example	example	NOUN
hassl-883	315	28	.	.	PUNCT
hassl-883	316	1	funding	funding	NOUN
hassl-883	316	2	:	:	PUNCT
hassl-883	316	3	this	this	DET
hassl-883	316	4	research	research	NOUN
hassl-883	316	5	was	be	AUX
hassl-883	316	6	funded	fund	VERB
hassl-883	316	7	by	by	ADP
hassl-883	316	8	the	the	DET
hassl-883	316	9	bk	bk	PROPN
hassl-883	316	10	21	21	NUM
hassl-883	316	11	program	program	NOUN
hassl-883	316	12	of	of	ADP
hassl-883	316	13	the	the	DET
hassl-883	316	14	national	national	PROPN
hassl-883	316	15	research	research	PROPN
hassl-883	316	16	foundation	foundation	PROPN
hassl-883	316	17	of	of	ADP
hassl-883	316	18	korea	korea	PROPN
hassl-883	316	19	(	(	PUNCT
hassl-883	316	20	nrf	nrf	NUM
hassl-883	316	21	)	)	PUNCT
hassl-883	316	22	.	.	PUNCT
hassl-883	317	1	competing	compete	VERB
hassl-883	317	2	interests	interest	NOUN
hassl-883	317	3	:	:	PUNCT
hassl-883	317	4	the	the	DET
hassl-883	317	5	authors	author	NOUN
hassl-883	317	6	declare	declare	VERB
hassl-883	317	7	that	that	SCONJ
hassl-883	317	8	they	they	PRON
hassl-883	317	9	have	have	VERB
hassl-883	317	10	no	no	DET
hassl-883	317	11	competing	compete	VERB
hassl-883	317	12	interests	interest	NOUN
hassl-883	317	13	.	.	PUNCT
hassl-883	318	1	acknowledgement	acknowledgement	NOUN
hassl-883	318	2	:	:	PUNCT
hassl-883	318	3	all	all	DET
hassl-883	318	4	authors	author	NOUN
hassl-883	318	5	contributed	contribute	VERB
hassl-883	318	6	equally	equally	ADV
hassl-883	318	7	to	to	ADP
hassl-883	318	8	the	the	DET
hassl-883	318	9	conception	conception	NOUN
hassl-883	318	10	and	and	CCONJ
hassl-883	318	11	design	design	NOUN
hassl-883	318	12	of	of	ADP
hassl-883	318	13	the	the	DET
hassl-883	318	14	study	study	NOUN
hassl-883	318	15	.	.	PUNCT
hassl-883	319	1	references	reference	NOUN
hassl-883	319	2	ahuja	ahuja	PROPN
hassl-883	319	3	,	,	PUNCT
hassl-883	319	4	g.	g.	PROPN
hassl-883	319	5	,	,	PUNCT
hassl-883	319	6	&	&	CCONJ
hassl-883	319	7	katila	katila	PROPN
hassl-883	319	8	,	,	PUNCT
hassl-883	319	9	r.	r.	PROPN
hassl-883	319	10	(	(	PUNCT
hassl-883	319	11	2001	2001	NUM
hassl-883	319	12	)	)	PUNCT
hassl-883	319	13	.	.	PUNCT
hassl-883	320	1	technological	technological	ADJ
hassl-883	320	2	acquisitions	acquisition	NOUN
hassl-883	320	3	and	and	CCONJ
hassl-883	320	4	the	the	DET
hassl-883	320	5	innovation	innovation	NOUN
hassl-883	320	6	performance	performance	NOUN
hassl-883	320	7	of	of	ADP
hassl-883	320	8	acquiring	acquire	VERB
hassl-883	320	9	firms	firm	NOUN
hassl-883	320	10	:	:	PUNCT
hassl-883	320	11	a	a	DET
hassl-883	320	12	longitudinal	longitudinal	ADJ
hassl-883	320	13	study	study	NOUN
hassl-883	320	14	.	.	PUNCT
hassl-883	321	1	strategic	strategic	ADJ
hassl-883	321	2	management	management	NOUN
hassl-883	321	3	journal	journal	NOUN
hassl-883	321	4	,	,	PUNCT
hassl-883	321	5	22(3	22(3	NUM
hassl-883	321	6	)	)	PUNCT
hassl-883	321	7	,	,	PUNCT
hassl-883	321	8	197-220.available	197-220.available	NUM
hassl-883	321	9	at	at	ADP
hassl-883	321	10	:	:	PUNCT
hassl-883	321	11	https://doi.org/10.1002/smj.157	https://doi.org/10.1002/smj.157	PROPN
hassl-883	321	12	.	.	PUNCT
hassl-883	322	1	humanities	humanity	NOUN
hassl-883	322	2	and	and	CCONJ
hassl-883	322	3	social	social	ADJ
hassl-883	322	4	sciences	science	NOUN
hassl-883	322	5	letters	letter	NOUN
hassl-883	322	6	,	,	PUNCT
hassl-883	322	7	2021	2021	NUM
hassl-883	322	8	,	,	PUNCT
hassl-883	322	9	9(1	9(1	NUM
hassl-883	322	10	):	):	PUNCT
hassl-883	322	11	72	72	NUM
hassl-883	322	12	-	-	SYM
hassl-883	322	13	85	85	NUM
hassl-883	322	14	83	83	NUM
hassl-883	322	15	©	©	PROPN
hassl-883	322	16	2021	2021	NUM
hassl-883	322	17	conscientia	conscientia	PROPN
hassl-883	322	18	beam	beam	PROPN
hassl-883	322	19	.	.	PUNCT
hassl-883	323	1	all	all	DET
hassl-883	323	2	rights	right	NOUN
hassl-883	323	3	reserved	reserve	VERB
hassl-883	323	4	.	.	PUNCT
hassl-883	324	1	alvarez	alvarez	PROPN
hassl-883	324	2	-	-	PUNCT
hassl-883	324	3	garrido	garrido	PROPN
hassl-883	324	4	,	,	PUNCT
hassl-883	324	5	e.	e.	PROPN
hassl-883	324	6	,	,	PUNCT
hassl-883	324	7	&	&	CCONJ
hassl-883	324	8	dushnitsky	dushnitsky	PROPN
hassl-883	324	9	,	,	PUNCT
hassl-883	324	10	g.	g.	PROPN
hassl-883	324	11	(	(	PUNCT
hassl-883	324	12	2016	2016	NUM
hassl-883	324	13	)	)	PUNCT
hassl-883	324	14	.	.	PUNCT
hassl-883	325	1	are	be	AUX
hassl-883	325	2	entrepreneurial	entrepreneurial	ADJ
hassl-883	325	3	venture	venture	NOUN
hassl-883	325	4	's	's	PART
hassl-883	325	5	innovation	innovation	NOUN
hassl-883	325	6	rates	rate	NOUN
hassl-883	325	7	sensitive	sensitive	ADJ
hassl-883	325	8	to	to	ADP
hassl-883	325	9	investor	investor	NOUN
hassl-883	325	10	complementary	complementary	ADJ
hassl-883	325	11	assets	asset	NOUN
hassl-883	325	12	?	?	PUNCT
hassl-883	326	1	comparing	compare	VERB
hassl-883	326	2	biotech	biotech	ADJ
hassl-883	326	3	ventures	venture	NOUN
hassl-883	326	4	backed	back	VERB
hassl-883	326	5	by	by	ADP
hassl-883	326	6	corporate	corporate	ADJ
hassl-883	326	7	and	and	CCONJ
hassl-883	326	8	independent	independent	ADJ
hassl-883	326	9	vcs	vcs	PROPN
hassl-883	326	10	.	.	PUNCT
hassl-883	327	1	strategic	strategic	ADJ
hassl-883	327	2	management	management	NOUN
hassl-883	327	3	journal	journal	NOUN
hassl-883	327	4	,	,	PUNCT
hassl-883	327	5	37(5	37(5	NUM
hassl-883	327	6	)	)	PUNCT
hassl-883	327	7	,	,	PUNCT
hassl-883	327	8	819	819	NUM
hassl-883	327	9	-	-	SYM
hassl-883	327	10	834	834	NUM
hassl-883	327	11	.	.	PUNCT
hassl-883	328	1	arzubiaga	arzubiaga	PROPN
hassl-883	328	2	,	,	PUNCT
hassl-883	328	3	u.	u.	PROPN
hassl-883	328	4	,	,	PUNCT
hassl-883	328	5	castillo	castillo	PROPN
hassl-883	328	6	-	-	PUNCT
hassl-883	328	7	apraiz	apraiz	PROPN
hassl-883	328	8	,	,	PUNCT
hassl-883	328	9	j.	j.	PROPN
hassl-883	328	10	,	,	PUNCT
hassl-883	328	11	&	&	CCONJ
hassl-883	328	12	palma	palma	NOUN
hassl-883	328	13	-	-	PUNCT
hassl-883	328	14	ruiz	ruiz	NOUN
hassl-883	328	15	,	,	PUNCT
hassl-883	328	16	j.	j.	PROPN
hassl-883	328	17	m.	m.	PROPN
hassl-883	328	18	(	(	PUNCT
hassl-883	328	19	2020	2020	NUM
hassl-883	328	20	)	)	PUNCT
hassl-883	328	21	.	.	PUNCT
hassl-883	329	1	organisational	organisational	ADJ
hassl-883	329	2	learning	learning	NOUN
hassl-883	329	3	as	as	ADP
hassl-883	329	4	a	a	DET
hassl-883	329	5	mediator	mediator	NOUN
hassl-883	329	6	in	in	ADP
hassl-883	329	7	the	the	DET
hassl-883	329	8	host	host	NOUN
hassl-883	329	9	-	-	PUNCT
hassl-883	329	10	home	home	NOUN
hassl-883	329	11	country	country	NOUN
hassl-883	329	12	similarity	similarity	NOUN
hassl-883	329	13	–	–	PUNCT
hassl-883	329	14	international	international	ADJ
hassl-883	329	15	firm	firm	ADJ
hassl-883	329	16	performance	performance	NOUN
hassl-883	329	17	link	link	NOUN
hassl-883	329	18	:	:	PUNCT
hassl-883	329	19	the	the	DET
hassl-883	329	20	role	role	NOUN
hassl-883	329	21	of	of	ADP
hassl-883	329	22	exploration	exploration	NOUN
hassl-883	329	23	and	and	CCONJ
hassl-883	329	24	exploitation	exploitation	NOUN
hassl-883	329	25	.	.	PUNCT
hassl-883	330	1	european	european	ADJ
hassl-883	330	2	business	business	PROPN
hassl-883	330	3	review	review	PROPN
hassl-883	330	4	.	.	PUNCT
hassl-883	331	1	basu	basu	PROPN
hassl-883	331	2	,	,	PUNCT
hassl-883	331	3	s.	s.	PROPN
hassl-883	331	4	,	,	PUNCT
hassl-883	331	5	phelps	phelps	PROPN
hassl-883	331	6	,	,	PUNCT
hassl-883	331	7	c.	c.	PROPN
hassl-883	331	8	,	,	PUNCT
hassl-883	331	9	&	&	CCONJ
hassl-883	331	10	kotha	kotha	PROPN
hassl-883	331	11	,	,	PUNCT
hassl-883	331	12	s.	s.	PROPN
hassl-883	331	13	(	(	PUNCT
hassl-883	331	14	2011	2011	NUM
hassl-883	331	15	)	)	PUNCT
hassl-883	331	16	.	.	PUNCT
hassl-883	332	1	towards	towards	ADP
hassl-883	332	2	understanding	understanding	NOUN
hassl-883	332	3	who	who	PRON
hassl-883	332	4	makes	make	VERB
hassl-883	332	5	corporate	corporate	ADJ
hassl-883	332	6	venture	venture	NOUN
hassl-883	332	7	capital	capital	NOUN
hassl-883	332	8	investments	investment	NOUN
hassl-883	332	9	and	and	CCONJ
hassl-883	332	10	why	why	SCONJ
hassl-883	332	11	.	.	PUNCT
hassl-883	332	12	journal	journal	NOUN
hassl-883	332	13	of	of	ADP
hassl-883	332	14	business	business	NOUN
hassl-883	332	15	venturing	venturing	NOUN
hassl-883	332	16	,	,	PUNCT
hassl-883	332	17	26(2	26(2	NUM
hassl-883	332	18	)	)	PUNCT
hassl-883	332	19	,	,	PUNCT
hassl-883	332	20	153-171.available	153-171.available	NUM
hassl-883	332	21	at	at	ADP
hassl-883	332	22	:	:	PUNCT
hassl-883	332	23	https://doi.org/10.1016/j.jbusvent.2009.07.001	https://doi.org/10.1016/j.jbusvent.2009.07.001	PROPN
hassl-883	332	24	.	.	PUNCT
hassl-883	332	25	bell	bell	PROPN
hassl-883	332	26	,	,	PUNCT
hassl-883	332	27	r.	r.	PROPN
hassl-883	332	28	g.	g.	PROPN
hassl-883	332	29	,	,	PUNCT
hassl-883	332	30	filatotchev	filatotchev	PROPN
hassl-883	332	31	,	,	PUNCT
hassl-883	332	32	i.	i.	PROPN
hassl-883	332	33	,	,	PUNCT
hassl-883	332	34	&	&	CCONJ
hassl-883	332	35	rasheed	rasheed	PROPN
hassl-883	332	36	,	,	PUNCT
hassl-883	332	37	a.	a.	NOUN
hassl-883	332	38	a.	a.	NOUN
hassl-883	332	39	(	(	PUNCT
hassl-883	332	40	2012	2012	NUM
hassl-883	332	41	)	)	PUNCT
hassl-883	332	42	.	.	PUNCT
hassl-883	333	1	the	the	DET
hassl-883	333	2	liability	liability	NOUN
hassl-883	333	3	of	of	ADP
hassl-883	333	4	foreignness	foreignness	NOUN
hassl-883	333	5	in	in	ADP
hassl-883	333	6	capital	capital	NOUN
hassl-883	333	7	markets	market	NOUN
hassl-883	333	8	:	:	PUNCT
hassl-883	333	9	sources	source	NOUN
hassl-883	333	10	and	and	CCONJ
hassl-883	333	11	remedies	remedy	NOUN
hassl-883	333	12	.	.	PUNCT
hassl-883	334	1	journal	journal	PROPN
hassl-883	334	2	of	of	ADP
hassl-883	334	3	international	international	ADJ
hassl-883	334	4	business	business	NOUN
hassl-883	334	5	studies	study	NOUN
hassl-883	334	6	,	,	PUNCT
hassl-883	334	7	43(2	43(2	PROPN
hassl-883	334	8	)	)	PUNCT
hassl-883	334	9	,	,	PUNCT
hassl-883	334	10	107-122.available	107-122.available	NUM
hassl-883	334	11	at	at	ADP
hassl-883	334	12	:	:	PUNCT
hassl-883	334	13	https://doi.org/10.1057/jibs.2011.55	https://doi.org/10.1057/jibs.2011.55	PROPN
hassl-883	334	14	.	.	PUNCT
hassl-883	335	1	benson	benson	PROPN
hassl-883	335	2	,	,	PUNCT
hassl-883	335	3	d.	d.	PROPN
hassl-883	335	4	,	,	PUNCT
hassl-883	335	5	&	&	CCONJ
hassl-883	335	6	ziedonis	ziedonis	PROPN
hassl-883	335	7	,	,	PUNCT
hassl-883	335	8	r.	r.	PROPN
hassl-883	335	9	h.	h.	PROPN
hassl-883	335	10	(	(	PUNCT
hassl-883	335	11	2009	2009	NUM
hassl-883	335	12	)	)	PUNCT
hassl-883	335	13	.	.	PUNCT
hassl-883	336	1	corporate	corporate	ADJ
hassl-883	336	2	venture	venture	NOUN
hassl-883	336	3	capital	capital	NOUN
hassl-883	336	4	as	as	ADP
hassl-883	336	5	a	a	DET
hassl-883	336	6	window	window	NOUN
hassl-883	336	7	on	on	ADP
hassl-883	336	8	new	new	ADJ
hassl-883	336	9	technologies	technology	NOUN
hassl-883	336	10	:	:	PUNCT
hassl-883	336	11	implications	implication	NOUN
hassl-883	336	12	for	for	ADP
hassl-883	336	13	the	the	DET
hassl-883	336	14	performance	performance	NOUN
hassl-883	336	15	of	of	ADP
hassl-883	336	16	corporate	corporate	ADJ
hassl-883	336	17	investors	investor	NOUN
hassl-883	336	18	when	when	SCONJ
hassl-883	336	19	acquiring	acquire	VERB
hassl-883	336	20	startups	startup	NOUN
hassl-883	336	21	.	.	PUNCT
hassl-883	337	1	organization	organization	NOUN
hassl-883	337	2	science	science	PROPN
hassl-883	337	3	20(2	20(2	NUM
hassl-883	337	4	)	)	PUNCT
hassl-883	337	5	,	,	PUNCT
hassl-883	338	1	329-351.available	329-351.available	NUM
hassl-883	338	2	at	at	ADP
hassl-883	338	3	:	:	PUNCT
hassl-883	338	4	https://doi.org/10.1287/orsc.1080.0386	https://doi.org/10.1287/orsc.1080.0386	PROPN
hassl-883	338	5	.	.	PUNCT
hassl-883	339	1	castillo	castillo	PROPN
hassl-883	339	2	-	-	PUNCT
hassl-883	339	3	apraiz	apraiz	PROPN
hassl-883	339	4	,	,	PUNCT
hassl-883	339	5	j.	j.	PROPN
hassl-883	339	6	,	,	PUNCT
hassl-883	339	7	de	de	X
hassl-883	339	8	palma	palma	NOUN
hassl-883	339	9	,	,	PUNCT
hassl-883	339	10	m.	m.	NOUN
hassl-883	339	11	,	,	PUNCT
hassl-883	339	12	&	&	CCONJ
hassl-883	339	13	arzubiaga	arzubiaga	PROPN
hassl-883	339	14	,	,	PUNCT
hassl-883	339	15	u.	u.	PROPN
hassl-883	339	16	(	(	PUNCT
hassl-883	339	17	2020	2020	NUM
hassl-883	339	18	)	)	PUNCT
hassl-883	339	19	.	.	PUNCT
hassl-883	340	1	is	be	AUX
hassl-883	340	2	the	the	DET
hassl-883	340	3	impact	impact	NOUN
hassl-883	340	4	of	of	ADP
hassl-883	340	5	sustainability	sustainability	NOUN
hassl-883	340	6	exploration	exploration	NOUN
hassl-883	340	7	on	on	ADP
hassl-883	340	8	firm	firm	ADJ
hassl-883	340	9	economic	economic	ADJ
hassl-883	340	10	return	return	NOUN
hassl-883	340	11	so	so	ADV
hassl-883	340	12	obvious	obvious	ADJ
hassl-883	340	13	?	?	PUNCT
hassl-883	341	1	the	the	DET
hassl-883	341	2	case	case	NOUN
hassl-883	341	3	of	of	ADP
hassl-883	341	4	internationalized	internationalized	ADJ
hassl-883	341	5	spanish	spanish	ADJ
hassl-883	341	6	firms	firm	NOUN
hassl-883	341	7	operating	operate	VERB
hassl-883	341	8	in	in	ADP
hassl-883	341	9	high	high	ADJ
hassl-883	341	10	-	-	PUNCT
hassl-883	341	11	tech	tech	NOUN
hassl-883	341	12	and	and	CCONJ
hassl-883	341	13	low	low	ADJ
hassl-883	341	14	-	-	PUNCT
hassl-883	341	15	tech	tech	NOUN
hassl-883	341	16	industries	industry	NOUN
hassl-883	341	17	.	.	PUNCT
hassl-883	342	1	in	in	ADP
hassl-883	342	2	v.	v.	ADP
hassl-883	342	3	ratten	ratten	PROPN
hassl-883	342	4	,	,	PUNCT
hassl-883	342	5	m.	m.	NOUN
hassl-883	342	6	ramírezpasillas	ramírezpasillas	PROPN
hassl-883	342	7	,	,	PUNCT
hassl-883	342	8	&	&	CCONJ
hassl-883	342	9	h.	h.	PROPN
hassl-883	342	10	lundberg	lundberg	PROPN
hassl-883	342	11	(	(	PUNCT
hassl-883	342	12	eds	eds	PROPN
hassl-883	342	13	.	.	PUNCT
hassl-883	342	14	)	)	PUNCT
hassl-883	342	15	,	,	PUNCT
hassl-883	342	16	sustainable	sustainable	ADJ
hassl-883	342	17	innovation	innovation	NOUN
hassl-883	342	18	:	:	PUNCT
hassl-883	342	19	advocating	advocate	VERB
hassl-883	342	20	and	and	CCONJ
hassl-883	342	21	organizing	organize	VERB
hassl-883	342	22	enterprises	enterprise	NOUN
hassl-883	342	23	consciously	consciously	ADV
hassl-883	342	24	:	:	PUNCT
hassl-883	343	1	routledge	routledge	PROPN
hassl-883	343	2	.	.	PUNCT
hassl-883	343	3	ceccagnoli	ceccagnoli	PROPN
hassl-883	343	4	,	,	PUNCT
hassl-883	343	5	m.	m.	NOUN
hassl-883	343	6	,	,	PUNCT
hassl-883	343	7	higgins	higgins	PROPN
hassl-883	343	8	,	,	PUNCT
hassl-883	343	9	m.	m.	NOUN
hassl-883	343	10	j.	j.	PROPN
hassl-883	343	11	,	,	PUNCT
hassl-883	343	12	&	&	CCONJ
hassl-883	343	13	kang	kang	PROPN
hassl-883	343	14	,	,	PUNCT
hassl-883	343	15	h.	h.	PROPN
hassl-883	343	16	d.	d.	PROPN
hassl-883	343	17	(	(	PUNCT
hassl-883	343	18	2018	2018	NUM
hassl-883	343	19	)	)	PUNCT
hassl-883	343	20	.	.	PUNCT
hassl-883	344	1	corporate	corporate	ADJ
hassl-883	344	2	venture	venture	NOUN
hassl-883	344	3	capital	capital	NOUN
hassl-883	344	4	as	as	ADP
hassl-883	344	5	a	a	DET
hassl-883	344	6	real	real	ADJ
hassl-883	344	7	option	option	NOUN
hassl-883	344	8	in	in	ADP
hassl-883	344	9	the	the	DET
hassl-883	344	10	markets	market	NOUN
hassl-883	344	11	for	for	ADP
hassl-883	344	12	technology	technology	NOUN
hassl-883	344	13	.	.	PUNCT
hassl-883	345	1	strategic	strategic	ADJ
hassl-883	345	2	management	management	NOUN
hassl-883	345	3	journal	journal	NOUN
hassl-883	345	4	,	,	PUNCT
hassl-883	345	5	39(13	39(13	NUM
hassl-883	345	6	)	)	PUNCT
hassl-883	345	7	,	,	PUNCT
hassl-883	345	8	3355	3355	NUM
hassl-883	345	9	-	-	SYM
hassl-883	345	10	3381	3381	NUM
hassl-883	345	11	.	.	PUNCT
hassl-883	346	1	chen	chen	PROPN
hassl-883	346	2	,	,	PUNCT
hassl-883	346	3	t.	t.	PROPN
hassl-883	346	4	j.	j.	PROPN
hassl-883	346	5	(	(	PUNCT
hassl-883	346	6	2006	2006	NUM
hassl-883	346	7	)	)	PUNCT
hassl-883	346	8	.	.	PUNCT
hassl-883	347	1	liability	liability	NOUN
hassl-883	347	2	of	of	ADP
hassl-883	347	3	foreignness	foreignness	NOUN
hassl-883	347	4	and	and	CCONJ
hassl-883	347	5	entry	entry	NOUN
hassl-883	347	6	mode	mode	NOUN
hassl-883	347	7	choice	choice	NOUN
hassl-883	347	8	:	:	PUNCT
hassl-883	347	9	taiwanese	taiwanese	ADJ
hassl-883	347	10	firms	firm	NOUN
hassl-883	347	11	in	in	ADP
hassl-883	347	12	europe	europe	PROPN
hassl-883	347	13	.	.	PUNCT
hassl-883	348	1	journal	journal	PROPN
hassl-883	348	2	of	of	ADP
hassl-883	348	3	business	business	NOUN
hassl-883	348	4	research	research	NOUN
hassl-883	348	5	,	,	PUNCT
hassl-883	348	6	59(2	59(2	NUM
hassl-883	348	7	)	)	PUNCT
hassl-883	348	8	,	,	PUNCT
hassl-883	348	9	288-294.available	288-294.available	NUM
hassl-883	348	10	at	at	ADP
hassl-883	348	11	:	:	PUNCT
hassl-883	348	12	https://doi.org/10.1016/j.jbusres.2005.04.009	https://doi.org/10.1016/j.jbusres.2005.04.009	NOUN
hassl-883	348	13	.	.	PUNCT
hassl-883	349	1	chesbrough	chesbrough	PROPN
hassl-883	349	2	,	,	PUNCT
hassl-883	349	3	h.	h.	PROPN
hassl-883	349	4	,	,	PUNCT
hassl-883	349	5	&	&	CCONJ
hassl-883	349	6	tachau	tachau	PROPN
hassl-883	349	7	,	,	PUNCT
hassl-883	349	8	j.	j.	PROPN
hassl-883	349	9	(	(	PUNCT
hassl-883	349	10	2002	2002	NUM
hassl-883	349	11	)	)	PUNCT
hassl-883	349	12	.	.	PUNCT
hassl-883	350	1	innovating	innovate	VERB
hassl-883	350	2	an	an	DET
hassl-883	350	3	outsourced	outsourced	ADJ
hassl-883	350	4	r&d	r&d	NOUN
hassl-883	350	5	process	process	NOUN
hassl-883	350	6	for	for	ADP
hassl-883	350	7	matsushita	matsushita	PROPN
hassl-883	350	8	electric	electric	PROPN
hassl-883	350	9	(	(	PUNCT
hassl-883	350	10	mei	mei	PROPN
hassl-883	350	11	):	):	PUNCT
hassl-883	350	12	launching	launch	VERB
hassl-883	350	13	the	the	DET
hassl-883	350	14	panasonic	panasonic	ADJ
hassl-883	350	15	digital	digital	PROPN
hassl-883	350	16	concepts	concept	NOUN
hassl-883	350	17	center	center	PROPN
hassl-883	350	18	:	:	PUNCT
hassl-883	351	1	hbs	hbs	PROPN
hassl-883	351	2	no	no	INTJ
hassl-883	351	3	.	.	NOUN
hassl-883	351	4	602	602	NUM
hassl-883	351	5	-	-	SYM
hassl-883	351	6	120	120	NUM
hassl-883	351	7	.	.	PUNCT
hassl-883	352	1	boston	boston	PROPN
hassl-883	352	2	:	:	PUNCT
hassl-883	352	3	harvard	harvard	PROPN
hassl-883	352	4	business	business	PROPN
hassl-883	352	5	school	school	NOUN
hassl-883	352	6	publishing	publishing	NOUN
hassl-883	352	7	.	.	PUNCT
hassl-883	353	1	chesbrough	chesbrough	NOUN
hassl-883	353	2	.	.	PUNCT
hassl-883	353	3	,	,	PUNCT
hassl-883	353	4	h.	h.	PROPN
hassl-883	353	5	w.	w.	PROPN
hassl-883	353	6	(	(	PUNCT
hassl-883	353	7	2002	2002	NUM
hassl-883	353	8	)	)	PUNCT
hassl-883	353	9	.	.	PUNCT
hassl-883	354	1	making	make	VERB
hassl-883	354	2	sense	sense	NOUN
hassl-883	354	3	of	of	ADP
hassl-883	354	4	corporate	corporate	ADJ
hassl-883	354	5	venture	venture	NOUN
hassl-883	354	6	capital	capital	NOUN
hassl-883	354	7	.	.	PUNCT
hassl-883	355	1	harvard	harvard	PROPN
hassl-883	355	2	business	business	PROPN
hassl-883	355	3	review	review	PROPN
hassl-883	355	4	,	,	PUNCT
hassl-883	355	5	80(3	80(3	NUM
hassl-883	355	6	)	)	PUNCT
hassl-883	355	7	,	,	PUNCT
hassl-883	355	8	90	90	NUM
hassl-883	355	9	-	-	SYM
hassl-883	355	10	99	99	NUM
hassl-883	355	11	.	.	PUNCT
hassl-883	356	1	cohen	cohen	PROPN
hassl-883	356	2	,	,	PUNCT
hassl-883	356	3	w.	w.	PROPN
hassl-883	356	4	,	,	PUNCT
hassl-883	356	5	nelson	nelson	PROPN
hassl-883	356	6	,	,	PUNCT
hassl-883	356	7	r.	r.	PROPN
hassl-883	356	8	,	,	PUNCT
hassl-883	356	9	&	&	CCONJ
hassl-883	356	10	walsh	walsh	PROPN
hassl-883	356	11	,	,	PUNCT
hassl-883	356	12	j.	j.	PROPN
hassl-883	356	13	(	(	PUNCT
hassl-883	356	14	2001	2001	NUM
hassl-883	356	15	)	)	PUNCT
hassl-883	356	16	.	.	PUNCT
hassl-883	357	1	protecting	protect	VERB
hassl-883	357	2	their	their	PRON
hassl-883	357	3	intellectual	intellectual	ADJ
hassl-883	357	4	assets	asset	NOUN
hassl-883	357	5	:	:	PUNCT
hassl-883	357	6	appropriability	appropriability	NOUN
hassl-883	357	7	conditions	condition	NOUN
hassl-883	357	8	and	and	CCONJ
hassl-883	357	9	why	why	SCONJ
hassl-883	357	10	u.s	u.s	PROPN
hassl-883	357	11	.	.	PROPN
hassl-883	357	12	manufacturing	manufacturing	NOUN
hassl-883	357	13	firms	firm	NOUN
hassl-883	357	14	patent	patent	NOUN
hassl-883	357	15	(	(	PUNCT
hassl-883	357	16	or	or	CCONJ
hassl-883	357	17	not	not	PART
hassl-883	357	18	)	)	PUNCT
hassl-883	357	19	.	.	PUNCT
hassl-883	358	1	national	national	PROPN
hassl-883	358	2	bureau	bureau	PROPN
hassl-883	358	3	of	of	ADP
hassl-883	358	4	economic	economic	ADJ
hassl-883	358	5	research	research	NOUN
hassl-883	358	6	,	,	PUNCT
hassl-883	358	7	working	work	VERB
hassl-883	358	8	paper	paper	NOUN
hassl-883	358	9	no	no	DET
hassl-883	358	10	7552	7552	NUM
hassl-883	358	11	.	.	PUNCT
hassl-883	359	1	dushnitsky	dushnitsky	PROPN
hassl-883	359	2	,	,	PUNCT
hassl-883	359	3	g.	g.	PROPN
hassl-883	359	4	(	(	PUNCT
hassl-883	359	5	2006	2006	NUM
hassl-883	359	6	)	)	PUNCT
hassl-883	359	7	.	.	PUNCT
hassl-883	360	1	corporate	corporate	ADJ
hassl-883	360	2	venture	venture	NOUN
hassl-883	360	3	capital	capital	NOUN
hassl-883	360	4	:	:	PUNCT
hassl-883	360	5	past	past	ADP
hassl-883	360	6	evidence	evidence	NOUN
hassl-883	360	7	and	and	CCONJ
hassl-883	360	8	future	future	ADJ
hassl-883	360	9	directions	direction	NOUN
hassl-883	360	10	.	.	PUNCT
hassl-883	361	1	in	in	ADP
hassl-883	361	2	y.	y.	PROPN
hassl-883	361	3	b.	b.	PROPN
hassl-883	361	4	casson	casson	PROPN
hassl-883	361	5	m	m	PROPN
hassl-883	361	6	,	,	PUNCT
hassl-883	361	7	basu	basu	PROPN
hassl-883	361	8	a	a	PROPN
hassl-883	361	9	,	,	PUNCT
hassl-883	361	10	wadeson	wadeson	NOUN
hassl-883	361	11	n	n	PROPN
hassl-883	361	12	(	(	PUNCT
hassl-883	361	13	ed	ed	NOUN
hassl-883	361	14	.	.	PUNCT
hassl-883	361	15	)	)	PUNCT
hassl-883	361	16	,	,	PUNCT
hassl-883	361	17	oxford	oxford	PROPN
hassl-883	361	18	handbook	handbook	NOUN
hassl-883	361	19	of	of	ADP
hassl-883	361	20	entrepreneruship	entrepreneruship	NOUN
hassl-883	361	21	(	(	PUNCT
hassl-883	361	22	pp	pp	ADJ
hassl-883	361	23	.	.	PUNCT
hassl-883	361	24	387	387	NUM
hassl-883	361	25	-	-	NUM
hassl-883	361	26	431	431	NUM
hassl-883	361	27	)	)	PUNCT
hassl-883	361	28	.	.	PUNCT
hassl-883	362	1	oxford	oxford	PROPN
hassl-883	362	2	,	,	PUNCT
hassl-883	362	3	uk	uk	PROPN
hassl-883	362	4	:	:	PUNCT
hassl-883	362	5	oxford	oxford	PROPN
hassl-883	362	6	university	university	PROPN
hassl-883	362	7	press	press	NOUN
hassl-883	362	8	.	.	PUNCT
hassl-883	363	1	dushnitsky	dushnitsky	PROPN
hassl-883	363	2	.	.	PUNCT
hassl-883	363	3	,	,	PUNCT
hassl-883	363	4	g.	g.	PROPN
hassl-883	363	5	,	,	PUNCT
hassl-883	363	6	&	&	CCONJ
hassl-883	363	7	lenox	lenox	NOUN
hassl-883	363	8	,	,	PUNCT
hassl-883	363	9	m.	m.	NOUN
hassl-883	363	10	j.	j.	PROPN
hassl-883	363	11	(	(	PUNCT
hassl-883	363	12	2005a	2005a	NUM
hassl-883	363	13	)	)	PUNCT
hassl-883	363	14	.	.	PUNCT
hassl-883	364	1	when	when	SCONJ
hassl-883	364	2	do	do	AUX
hassl-883	364	3	firms	firm	NOUN
hassl-883	364	4	undertake	undertake	VERB
hassl-883	364	5	r&d	r&d	NOUN
hassl-883	364	6	by	by	ADP
hassl-883	364	7	investing	invest	VERB
hassl-883	364	8	in	in	ADP
hassl-883	364	9	new	new	ADJ
hassl-883	364	10	ventures	venture	NOUN
hassl-883	364	11	?	?	PUNCT
hassl-883	365	1	strategic	strategic	ADJ
hassl-883	365	2	management	management	NOUN
hassl-883	365	3	journal	journal	NOUN
hassl-883	365	4	,	,	PUNCT
hassl-883	365	5	26(10	26(10	NUM
hassl-883	365	6	)	)	PUNCT
hassl-883	365	7	,	,	PUNCT
hassl-883	365	8	947-965.available	947-965.available	NUM
hassl-883	365	9	at	at	ADP
hassl-883	365	10	:	:	PUNCT
hassl-883	365	11	https://doi.org/10.1002/smj.488	https://doi.org/10.1002/smj.488	PROPN
hassl-883	365	12	.	.	PUNCT
hassl-883	366	1	dushnitsky	dushnitsky	PROPN
hassl-883	366	2	..	..	PUNCT
hassl-883	366	3	,	,	PUNCT
hassl-883	366	4	g.	g.	PROPN
hassl-883	366	5	,	,	PUNCT
hassl-883	366	6	&	&	CCONJ
hassl-883	366	7	lenox	lenox	NOUN
hassl-883	366	8	,	,	PUNCT
hassl-883	366	9	m.	m.	NOUN
hassl-883	366	10	j.	j.	PROPN
hassl-883	366	11	(	(	PUNCT
hassl-883	366	12	2005b	2005b	NUM
hassl-883	366	13	)	)	PUNCT
hassl-883	366	14	.	.	PUNCT
hassl-883	367	1	when	when	SCONJ
hassl-883	367	2	do	do	AUX
hassl-883	367	3	incumbents	incumbent	NOUN
hassl-883	367	4	learn	learn	VERB
hassl-883	367	5	from	from	ADP
hassl-883	367	6	entrepreneurial	entrepreneurial	ADJ
hassl-883	367	7	ventures	venture	NOUN
hassl-883	367	8	?	?	PUNCT
hassl-883	368	1	corporate	corporate	ADJ
hassl-883	368	2	venture	venture	NOUN
hassl-883	368	3	capital	capital	NOUN
hassl-883	368	4	and	and	CCONJ
hassl-883	368	5	investing	invest	VERB
hassl-883	368	6	firm	firm	ADJ
hassl-883	368	7	innovation	innovation	NOUN
hassl-883	368	8	rates	rate	NOUN
hassl-883	368	9	.	.	PUNCT
hassl-883	369	1	research	research	NOUN
hassl-883	369	2	policy	policy	NOUN
hassl-883	369	3	,	,	PUNCT
hassl-883	369	4	34(5	34(5	PROPN
hassl-883	369	5	)	)	PUNCT
hassl-883	369	6	,	,	PUNCT
hassl-883	369	7	615-639.available	615-639.available	NUM
hassl-883	369	8	at	at	ADP
hassl-883	369	9	:	:	PUNCT
hassl-883	369	10	https://doi.org/10.1016/j.respol.2005.01.017	https://doi.org/10.1016/j.respol.2005.01.017	NOUN
hassl-883	369	11	.	.	PUNCT
hassl-883	370	1	dushnitsky	dushnitsky	PROPN
hassl-883	370	2	,	,	PUNCT
hassl-883	370	3	g.	g.	PROPN
hassl-883	370	4	,	,	PUNCT
hassl-883	370	5	&	&	CCONJ
hassl-883	370	6	shaver	shaver	PROPN
hassl-883	370	7	,	,	PUNCT
hassl-883	370	8	j.	j.	PROPN
hassl-883	370	9	m.	m.	PROPN
hassl-883	370	10	(	(	PUNCT
hassl-883	370	11	2009	2009	NUM
hassl-883	370	12	)	)	PUNCT
hassl-883	370	13	.	.	PUNCT
hassl-883	371	1	limitations	limitation	NOUN
hassl-883	371	2	to	to	ADP
hassl-883	371	3	interorganizational	interorganizational	ADJ
hassl-883	371	4	knowledge	knowledge	NOUN
hassl-883	371	5	acquisition	acquisition	NOUN
hassl-883	371	6	:	:	PUNCT
hassl-883	371	7	the	the	DET
hassl-883	371	8	paradox	paradox	NOUN
hassl-883	371	9	of	of	ADP
hassl-883	371	10	corporate	corporate	ADJ
hassl-883	371	11	venture	venture	NOUN
hassl-883	371	12	capital	capital	NOUN
hassl-883	371	13	.	.	PUNCT
hassl-883	372	1	strategic	strategic	ADJ
hassl-883	372	2	management	management	NOUN
hassl-883	372	3	journal	journal	NOUN
hassl-883	372	4	,	,	PUNCT
hassl-883	372	5	30(10	30(10	NUM
hassl-883	372	6	)	)	PUNCT
hassl-883	372	7	,	,	PUNCT
hassl-883	372	8	1045-1064.available	1045-1064.available	ADJ
hassl-883	372	9	at	at	ADP
hassl-883	372	10	:	:	PUNCT
hassl-883	372	11	https://doi.org/10.1002/smj.781	https://doi.org/10.1002/smj.781	PROPN
hassl-883	372	12	.	.	PUNCT
hassl-883	372	13	gompers	gomper	NOUN
hassl-883	372	14	,	,	PUNCT
hassl-883	372	15	p.	p.	PROPN
hassl-883	372	16	,	,	PUNCT
hassl-883	372	17	&	&	CCONJ
hassl-883	372	18	lerner	lerner	PROPN
hassl-883	372	19	,	,	PUNCT
hassl-883	372	20	j.	j.	PROPN
hassl-883	372	21	(	(	PUNCT
hassl-883	372	22	2000	2000	NUM
hassl-883	372	23	)	)	PUNCT
hassl-883	372	24	.	.	PUNCT
hassl-883	373	1	the	the	DET
hassl-883	373	2	determinants	determinant	NOUN
hassl-883	373	3	of	of	ADP
hassl-883	373	4	corporate	corporate	ADJ
hassl-883	373	5	venture	venture	NOUN
hassl-883	373	6	capital	capital	NOUN
hassl-883	373	7	success	success	NOUN
hassl-883	373	8	:	:	PUNCT
hassl-883	373	9	organizational	organizational	ADJ
hassl-883	373	10	structure	structure	NOUN
hassl-883	373	11	,	,	PUNCT
hassl-883	373	12	incentives	incentive	NOUN
hassl-883	373	13	,	,	PUNCT
hassl-883	373	14	and	and	CCONJ
hassl-883	373	15	complementarities	complementarity	NOUN
hassl-883	373	16	.	.	PUNCT
hassl-883	374	1	in	in	ADP
hassl-883	374	2	concentrated	concentrated	ADJ
hassl-883	374	3	corporate	corporate	ADJ
hassl-883	374	4	ownership	ownership	NOUN
hassl-883	374	5	(	(	PUNCT
hassl-883	374	6	pp	pp	ADJ
hassl-883	374	7	.	.	PUNCT
hassl-883	374	8	17	17	NUM
hassl-883	374	9	-	-	SYM
hassl-883	374	10	54	54	NUM
hassl-883	374	11	):	):	PUNCT
hassl-883	374	12	university	university	NOUN
hassl-883	374	13	of	of	ADP
hassl-883	374	14	chicago	chicago	PROPN
hassl-883	374	15	press	press	PROPN
hassl-883	374	16	.	.	PUNCT
hassl-883	375	1	graebner	graebner	PROPN
hassl-883	375	2	,	,	PUNCT
hassl-883	375	3	m.	m.	PROPN
hassl-883	375	4	e.	e.	PROPN
hassl-883	375	5	,	,	PUNCT
hassl-883	375	6	&	&	CCONJ
hassl-883	375	7	eisenhardt	eisenhardt	PROPN
hassl-883	375	8	,	,	PUNCT
hassl-883	375	9	k.	k.	PROPN
hassl-883	375	10	m.	m.	PROPN
hassl-883	375	11	(	(	PUNCT
hassl-883	375	12	2004	2004	NUM
hassl-883	375	13	)	)	PUNCT
hassl-883	375	14	.	.	PUNCT
hassl-883	376	1	the	the	DET
hassl-883	376	2	seller	seller	NOUN
hassl-883	376	3	's	's	PART
hassl-883	376	4	side	side	NOUN
hassl-883	376	5	of	of	ADP
hassl-883	376	6	the	the	DET
hassl-883	376	7	story	story	NOUN
hassl-883	376	8	:	:	PUNCT
hassl-883	376	9	acquisition	acquisition	NOUN
hassl-883	376	10	as	as	ADP
hassl-883	376	11	courtship	courtship	NOUN
hassl-883	376	12	and	and	CCONJ
hassl-883	376	13	governance	governance	NOUN
hassl-883	376	14	as	as	ADP
hassl-883	376	15	syndicate	syndicate	NOUN
hassl-883	376	16	in	in	ADP
hassl-883	376	17	entrepreneurial	entrepreneurial	ADJ
hassl-883	376	18	firms	firm	NOUN
hassl-883	376	19	.	.	PUNCT
hassl-883	377	1	administrative	administrative	ADJ
hassl-883	377	2	science	science	PROPN
hassl-883	377	3	quarterly	quarterly	ADV
hassl-883	377	4	,	,	PUNCT
hassl-883	377	5	49(3	49(3	PROPN
hassl-883	377	6	)	)	PUNCT
hassl-883	377	7	,	,	PUNCT
hassl-883	377	8	366	366	NUM
hassl-883	377	9	-	-	SYM
hassl-883	377	10	403	403	NUM
hassl-883	377	11	.	.	PUNCT
hassl-883	378	1	hasegawa	hasegawa	PROPN
hassl-883	378	2	,	,	PUNCT
hassl-883	378	3	k.	k.	PROPN
hassl-883	378	4	(	(	PUNCT
hassl-883	378	5	2011	2011	NUM
hassl-883	378	6	)	)	PUNCT
hassl-883	378	7	.	.	PUNCT
hassl-883	379	1	evolution	evolution	NOUN
hassl-883	379	2	of	of	ADP
hassl-883	379	3	the	the	DET
hassl-883	379	4	corporate	corporate	ADJ
hassl-883	379	5	venture	venture	NOUN
hassl-883	379	6	capital	capital	NOUN
hassl-883	379	7	operations	operation	NOUN
hassl-883	379	8	of	of	ADP
hassl-883	379	9	japanese	japanese	ADJ
hassl-883	379	10	electronics	electronic	NOUN
hassl-883	379	11	companies	company	NOUN
hassl-883	379	12	.	.	PUNCT
hassl-883	380	1	paper	paper	NOUN
hassl-883	380	2	presented	present	VERB
hassl-883	380	3	at	at	ADP
hassl-883	380	4	the	the	DET
hassl-883	380	5	ieee	ieee	PROPN
hassl-883	380	6	international	international	PROPN
hassl-883	380	7	technology	technology	PROPN
hassl-883	380	8	management	management	NOUN
hassl-883	380	9	conference	conference	NOUN
hassl-883	380	10	.	.	PUNCT
hassl-883	381	1	humanities	humanity	NOUN
hassl-883	381	2	and	and	CCONJ
hassl-883	381	3	social	social	ADJ
hassl-883	381	4	sciences	science	NOUN
hassl-883	381	5	letters	letter	NOUN
hassl-883	381	6	,	,	PUNCT
hassl-883	381	7	2021	2021	NUM
hassl-883	381	8	,	,	PUNCT
hassl-883	381	9	9(1	9(1	NUM
hassl-883	381	10	):	):	PUNCT
hassl-883	381	11	72	72	NUM
hassl-883	381	12	-	-	SYM
hassl-883	381	13	85	85	NUM
hassl-883	381	14	84	84	NUM
hassl-883	381	15	©	©	PROPN
hassl-883	381	16	2021	2021	NUM
hassl-883	381	17	conscientia	conscientia	PROPN
hassl-883	381	18	beam	beam	PROPN
hassl-883	381	19	.	.	PUNCT
hassl-883	382	1	all	all	DET
hassl-883	382	2	rights	right	NOUN
hassl-883	382	3	reserved	reserve	VERB
hassl-883	382	4	.	.	PUNCT
hassl-883	383	1	he	he	PRON
hassl-883	383	2	,	,	PUNCT
hassl-883	383	3	z.-l	z.-l	PROPN
hassl-883	383	4	.	.	PUNCT
hassl-883	383	5	,	,	PUNCT
hassl-883	383	6	&	&	CCONJ
hassl-883	383	7	wong	wong	PROPN
hassl-883	383	8	,	,	PUNCT
hassl-883	383	9	p.-k	p.-k	PROPN
hassl-883	383	10	.	.	PUNCT
hassl-883	384	1	(	(	PUNCT
hassl-883	384	2	2004	2004	NUM
hassl-883	384	3	)	)	PUNCT
hassl-883	384	4	.	.	PUNCT
hassl-883	385	1	exploration	exploration	NOUN
hassl-883	385	2	vs.	vs.	ADP
hassl-883	385	3	exploitation	exploitation	NOUN
hassl-883	385	4	:	:	PUNCT
hassl-883	385	5	an	an	DET
hassl-883	385	6	empirical	empirical	ADJ
hassl-883	385	7	test	test	NOUN
hassl-883	385	8	of	of	ADP
hassl-883	385	9	the	the	DET
hassl-883	385	10	ambidexterity	ambidexterity	NOUN
hassl-883	385	11	hypothesis	hypothesis	NOUN
hassl-883	385	12	.	.	PUNCT
hassl-883	386	1	organization	organization	NOUN
hassl-883	386	2	science	science	NOUN
hassl-883	386	3	,	,	PUNCT
hassl-883	386	4	15(4	15(4	NUM
hassl-883	386	5	)	)	PUNCT
hassl-883	386	6	,	,	PUNCT
hassl-883	386	7	481	481	NUM
hassl-883	386	8	-	-	SYM
hassl-883	386	9	494	494	NUM
hassl-883	386	10	.	.	PUNCT
hassl-883	387	1	huang	huang	PROPN
hassl-883	387	2	,	,	PUNCT
hassl-883	387	3	p.	p.	PROPN
hassl-883	387	4	,	,	PUNCT
hassl-883	387	5	&	&	CCONJ
hassl-883	387	6	madhavan	madhavan	PROPN
hassl-883	387	7	,	,	PUNCT
hassl-883	387	8	r.	r.	PROPN
hassl-883	387	9	(	(	PUNCT
hassl-883	387	10	2020	2020	NUM
hassl-883	387	11	)	)	PUNCT
hassl-883	387	12	.	.	PUNCT
hassl-883	388	1	dumb	dumb	ADJ
hassl-883	388	2	money	money	NOUN
hassl-883	388	3	or	or	CCONJ
hassl-883	388	4	smart	smart	ADJ
hassl-883	388	5	money	money	NOUN
hassl-883	388	6	?	?	PUNCT
hassl-883	389	1	meta	meta	VERB
hassl-883	389	2	-	-	PUNCT
hassl-883	389	3	analytically	analytically	ADV
hassl-883	389	4	unpacking	unpack	VERB
hassl-883	389	5	corporate	corporate	ADJ
hassl-883	389	6	venture	venture	NOUN
hassl-883	389	7	capital	capital	NOUN
hassl-883	389	8	.	.	PUNCT
hassl-883	390	1	strategic	strategic	ADJ
hassl-883	390	2	entrepreneurship	entrepreneurship	NOUN
hassl-883	390	3	journal	journal	NOUN
hassl-883	390	4	.	.	PUNCT
hassl-883	391	1	kang	kang	PROPN
hassl-883	391	2	,	,	PUNCT
hassl-883	391	3	s.	s.	PROPN
hassl-883	391	4	,	,	PUNCT
hassl-883	391	5	&	&	CCONJ
hassl-883	391	6	hwang	hwang	PROPN
hassl-883	391	7	,	,	PUNCT
hassl-883	391	8	j.	j.	PROPN
hassl-883	391	9	(	(	PUNCT
hassl-883	391	10	2019	2019	NUM
hassl-883	391	11	)	)	PUNCT
hassl-883	391	12	.	.	PUNCT
hassl-883	392	1	an	an	DET
hassl-883	392	2	investigation	investigation	NOUN
hassl-883	392	3	into	into	ADP
hassl-883	392	4	the	the	DET
hassl-883	392	5	performance	performance	NOUN
hassl-883	392	6	of	of	ADP
hassl-883	392	7	an	an	DET
hassl-883	392	8	ambidextrously	ambidextrously	ADV
hassl-883	392	9	balanced	balanced	ADJ
hassl-883	392	10	innovator	innovator	NOUN
hassl-883	392	11	and	and	CCONJ
hassl-883	392	12	its	its	PRON
hassl-883	392	13	relatedness	relatedness	NOUN
hassl-883	392	14	to	to	PART
hassl-883	392	15	open	open	VERB
hassl-883	392	16	innovation	innovation	NOUN
hassl-883	392	17	.	.	PUNCT
hassl-883	393	1	journal	journal	NOUN
hassl-883	393	2	of	of	ADP
hassl-883	393	3	open	open	ADJ
hassl-883	393	4	innovation	innovation	NOUN
hassl-883	393	5	:	:	PUNCT
hassl-883	393	6	technology	technology	NOUN
hassl-883	393	7	,	,	PUNCT
hassl-883	393	8	market	market	NOUN
hassl-883	393	9	,	,	PUNCT
hassl-883	393	10	and	and	CCONJ
hassl-883	393	11	complexity	complexity	NOUN
hassl-883	393	12	,	,	PUNCT
hassl-883	393	13	5(2	5(2	NUM
hassl-883	393	14	)	)	PUNCT
hassl-883	393	15	,	,	PUNCT
hassl-883	393	16	1-12.available	1-12.available	NUM
hassl-883	393	17	at	at	ADP
hassl-883	393	18	:	:	PUNCT
hassl-883	393	19	https://doi.org/10.3390/joitmc5020023	https://doi.org/10.3390/joitmc5020023	NOUN
hassl-883	393	20	.	.	PUNCT
hassl-883	394	1	kang	kang	PROPN
hassl-883	394	2	,	,	PUNCT
hassl-883	394	3	s.	s.	PROPN
hassl-883	394	4	,	,	PUNCT
hassl-883	394	5	&	&	CCONJ
hassl-883	394	6	hwang	hwang	PROPN
hassl-883	394	7	,	,	PUNCT
hassl-883	394	8	j.	j.	PROPN
hassl-883	394	9	(	(	PUNCT
hassl-883	394	10	2019b	2019b	NUM
hassl-883	394	11	)	)	PUNCT
hassl-883	394	12	.	.	PUNCT
hassl-883	395	1	moderating	moderate	VERB
hassl-883	395	2	factors	factor	NOUN
hassl-883	395	3	in	in	ADP
hassl-883	395	4	distant	distant	ADJ
hassl-883	395	5	investment	investment	NOUN
hassl-883	395	6	of	of	ADP
hassl-883	395	7	corporate	corporate	ADJ
hassl-883	395	8	venture	venture	NOUN
hassl-883	395	9	capital	capital	NOUN
hassl-883	395	10	.	.	PUNCT
hassl-883	396	1	journal	journal	PROPN
hassl-883	396	2	of	of	ADP
hassl-883	396	3	open	open	ADJ
hassl-883	396	4	innovation	innovation	NOUN
hassl-883	396	5	:	:	PUNCT
hassl-883	396	6	technology	technology	NOUN
hassl-883	396	7	,	,	PUNCT
hassl-883	396	8	market	market	NOUN
hassl-883	396	9	,	,	PUNCT
hassl-883	396	10	and	and	CCONJ
hassl-883	396	11	complexity	complexity	NOUN
hassl-883	396	12	,	,	PUNCT
hassl-883	396	13	5(1	5(1	NUM
hassl-883	396	14	)	)	PUNCT
hassl-883	396	15	,	,	PUNCT
hassl-883	396	16	1-13.available	1-13.available	NUM
hassl-883	396	17	at	at	ADP
hassl-883	396	18	:	:	PUNCT
hassl-883	396	19	https://doi.org/10.3390/joitmc5010019	https://doi.org/10.3390/joitmc5010019	PROPN
hassl-883	396	20	.	.	PUNCT
hassl-883	397	1	katila	katila	PROPN
hassl-883	397	2	,	,	PUNCT
hassl-883	397	3	r.	r.	PROPN
hassl-883	397	4	,	,	PUNCT
hassl-883	397	5	rosenberger	rosenberger	PROPN
hassl-883	397	6	,	,	PUNCT
hassl-883	397	7	j.	j.	PROPN
hassl-883	397	8	d.	d.	PROPN
hassl-883	397	9	,	,	PUNCT
hassl-883	397	10	&	&	CCONJ
hassl-883	397	11	eisenhardt	eisenhardt	PROPN
hassl-883	397	12	,	,	PUNCT
hassl-883	397	13	k.	k.	PROPN
hassl-883	397	14	m.	m.	PROPN
hassl-883	397	15	(	(	PUNCT
hassl-883	397	16	2008	2008	NUM
hassl-883	397	17	)	)	PUNCT
hassl-883	397	18	.	.	PUNCT
hassl-883	398	1	swimming	swim	VERB
hassl-883	398	2	with	with	ADP
hassl-883	398	3	sharks	shark	NOUN
hassl-883	398	4	:	:	PUNCT
hassl-883	398	5	technology	technology	NOUN
hassl-883	398	6	ventures	venture	NOUN
hassl-883	398	7	,	,	PUNCT
hassl-883	398	8	defense	defense	NOUN
hassl-883	398	9	mechanisms	mechanism	NOUN
hassl-883	398	10	and	and	CCONJ
hassl-883	398	11	corporate	corporate	ADJ
hassl-883	398	12	relationships	relationship	NOUN
hassl-883	398	13	.	.	PUNCT
hassl-883	399	1	administrative	administrative	ADJ
hassl-883	399	2	science	science	PROPN
hassl-883	399	3	quarterly	quarterly	ADV
hassl-883	399	4	,	,	PUNCT
hassl-883	399	5	53(2	53(2	NUM
hassl-883	399	6	)	)	PUNCT
hassl-883	399	7	,	,	PUNCT
hassl-883	399	8	295-332.available	295-332.available	NUM
hassl-883	399	9	at	at	ADP
hassl-883	399	10	:	:	PUNCT
hassl-883	399	11	https://doi.org/10.2189/asqu.53.2.295	https://doi.org/10.2189/asqu.53.2.295	PROPN
hassl-883	399	12	.	.	PUNCT
hassl-883	399	13	kortum	kortum	PROPN
hassl-883	399	14	,	,	PUNCT
hassl-883	399	15	s.	s.	PROPN
hassl-883	399	16	,	,	PUNCT
hassl-883	399	17	&	&	CCONJ
hassl-883	399	18	lerner	lerner	PROPN
hassl-883	399	19	,	,	PUNCT
hassl-883	399	20	j.	j.	PROPN
hassl-883	399	21	(	(	PUNCT
hassl-883	399	22	2000	2000	NUM
hassl-883	399	23	)	)	PUNCT
hassl-883	399	24	.	.	PUNCT
hassl-883	400	1	assessing	assess	VERB
hassl-883	400	2	the	the	DET
hassl-883	400	3	contribution	contribution	NOUN
hassl-883	400	4	of	of	ADP
hassl-883	400	5	venture	venture	NOUN
hassl-883	400	6	capital	capital	NOUN
hassl-883	400	7	to	to	ADP
hassl-883	400	8	innovation	innovation	NOUN
hassl-883	400	9	rand	rand	PROPN
hassl-883	400	10	journal	journal	PROPN
hassl-883	400	11	of	of	ADP
hassl-883	400	12	economics	economic	NOUN
hassl-883	400	13	,	,	PUNCT
hassl-883	400	14	31(4	31(4	NUM
hassl-883	400	15	)	)	PUNCT
hassl-883	400	16	,	,	PUNCT
hassl-883	400	17	674692.available	674692.available	ADJ
hassl-883	400	18	at	at	ADP
hassl-883	400	19	:	:	PUNCT
hassl-883	400	20	https://doi.org/10.2307/2696354	https://doi.org/10.2307/2696354	X
hassl-883	400	21	.	.	NOUN
hassl-883	400	22	lipuma	lipuma	PROPN
hassl-883	400	23	,	,	PUNCT
hassl-883	400	24	j.	j.	PROPN
hassl-883	400	25	a.	a.	PROPN
hassl-883	400	26	(	(	PUNCT
hassl-883	400	27	2006	2006	NUM
hassl-883	400	28	)	)	PUNCT
hassl-883	400	29	.	.	PUNCT
hassl-883	401	1	independent	independent	ADJ
hassl-883	401	2	venture	venture	NOUN
hassl-883	401	3	capital	capital	NOUN
hassl-883	401	4	,	,	PUNCT
hassl-883	401	5	corporate	corporate	ADJ
hassl-883	401	6	venture	venture	NOUN
hassl-883	401	7	capital	capital	NOUN
hassl-883	401	8	,	,	PUNCT
hassl-883	401	9	and	and	CCONJ
hassl-883	401	10	the	the	DET
hassl-883	401	11	internationalisation	internationalisation	NOUN
hassl-883	401	12	intensity	intensity	NOUN
hassl-883	401	13	of	of	ADP
hassl-883	401	14	technology	technology	NOUN
hassl-883	401	15	-	-	PUNCT
hassl-883	401	16	based	base	VERB
hassl-883	401	17	portfolio	portfolio	NOUN
hassl-883	401	18	firms	firm	NOUN
hassl-883	401	19	.	.	PUNCT
hassl-883	402	1	international	international	ADJ
hassl-883	402	2	entrepreneurship	entrepreneurship	NOUN
hassl-883	402	3	and	and	CCONJ
hassl-883	402	4	management	management	NOUN
hassl-883	402	5	journal	journal	NOUN
hassl-883	402	6	,	,	PUNCT
hassl-883	402	7	2(2	2(2	NUM
hassl-883	402	8	)	)	PUNCT
hassl-883	402	9	,	,	PUNCT
hassl-883	402	10	245	245	NUM
hassl-883	402	11	-	-	SYM
hassl-883	402	12	260	260	NUM
hassl-883	402	13	.	.	PUNCT
hassl-883	403	1	lu	lu	PROPN
hassl-883	403	2	,	,	PUNCT
hassl-883	403	3	q.	q.	PROPN
hassl-883	403	4	,	,	PUNCT
hassl-883	403	5	&	&	CCONJ
hassl-883	403	6	hwang	hwang	PROPN
hassl-883	403	7	,	,	PUNCT
hassl-883	403	8	p.	p.	NOUN
hassl-883	403	9	(	(	PUNCT
hassl-883	403	10	2010	2010	NUM
hassl-883	403	11	)	)	PUNCT
hassl-883	403	12	.	.	PUNCT
hassl-883	404	1	the	the	DET
hassl-883	404	2	impact	impact	NOUN
hassl-883	404	3	of	of	ADP
hassl-883	404	4	liability	liability	NOUN
hassl-883	404	5	of	of	ADP
hassl-883	404	6	foreignness	foreignness	NOUN
hassl-883	404	7	on	on	ADP
hassl-883	404	8	international	international	ADJ
hassl-883	404	9	venture	venture	NOUN
hassl-883	404	10	capital	capital	NOUN
hassl-883	404	11	firms	firm	NOUN
hassl-883	404	12	in	in	ADP
hassl-883	404	13	singapore	singapore	PROPN
hassl-883	404	14	.	.	PUNCT
hassl-883	405	1	asia	asia	PROPN
hassl-883	405	2	pacific	pacific	PROPN
hassl-883	405	3	journal	journal	PROPN
hassl-883	405	4	of	of	ADP
hassl-883	405	5	management	management	NOUN
hassl-883	405	6	,	,	PUNCT
hassl-883	405	7	27(1	27(1	NUM
hassl-883	405	8	)	)	PUNCT
hassl-883	405	9	,	,	PUNCT
hassl-883	405	10	81-97.available	81-97.available	ADJ
hassl-883	405	11	at	at	ADP
hassl-883	405	12	:	:	PUNCT
hassl-883	405	13	https://doi.org/10.1007/s10490-008-9125-0	https://doi.org/10.1007/s10490-008-9125-0	PROPN
hassl-883	405	14	.	.	PUNCT
hassl-883	406	1	ma	ma	PROPN
hassl-883	406	2	,	,	PUNCT
hassl-883	406	3	s.	s.	PROPN
hassl-883	406	4	(	(	PUNCT
hassl-883	406	5	2020	2020	NUM
hassl-883	406	6	)	)	PUNCT
hassl-883	406	7	.	.	PUNCT
hassl-883	407	1	the	the	DET
hassl-883	407	2	life	life	NOUN
hassl-883	407	3	cycle	cycle	NOUN
hassl-883	407	4	of	of	ADP
hassl-883	407	5	corporate	corporate	ADJ
hassl-883	407	6	venture	venture	NOUN
hassl-883	407	7	capital	capital	NOUN
hassl-883	407	8	.	.	PUNCT
hassl-883	408	1	the	the	DET
hassl-883	408	2	review	review	NOUN
hassl-883	408	3	of	of	ADP
hassl-883	408	4	financial	financial	ADJ
hassl-883	408	5	studies	study	NOUN
hassl-883	408	6	,	,	PUNCT
hassl-883	408	7	33(1	33(1	NUM
hassl-883	408	8	)	)	PUNCT
hassl-883	408	9	,	,	PUNCT
hassl-883	408	10	358	358	NUM
hassl-883	408	11	-	-	SYM
hassl-883	408	12	394	394	NUM
hassl-883	408	13	.	.	PUNCT
hassl-883	409	1	march	march	PROPN
hassl-883	409	2	,	,	PUNCT
hassl-883	409	3	j.	j.	PROPN
hassl-883	409	4	g.	g.	PROPN
hassl-883	409	5	(	(	PUNCT
hassl-883	409	6	1991	1991	NUM
hassl-883	409	7	)	)	PUNCT
hassl-883	409	8	.	.	PUNCT
hassl-883	410	1	exploration	exploration	NOUN
hassl-883	410	2	and	and	CCONJ
hassl-883	410	3	exploitation	exploitation	NOUN
hassl-883	410	4	in	in	ADP
hassl-883	410	5	organizational	organizational	ADJ
hassl-883	410	6	learning	learning	NOUN
hassl-883	410	7	.	.	PUNCT
hassl-883	411	1	organization	organization	NOUN
hassl-883	411	2	science	science	NOUN
hassl-883	411	3	,	,	PUNCT
hassl-883	411	4	2(1	2(1	NUM
hassl-883	411	5	)	)	PUNCT
hassl-883	411	6	,	,	PUNCT
hassl-883	411	7	71	71	NUM
hassl-883	411	8	-	-	SYM
hassl-883	411	9	87	87	NUM
hassl-883	411	10	.	.	PUNCT
hassl-883	412	1	maula	maula	PROPN
hassl-883	412	2	,	,	PUNCT
hassl-883	412	3	m.	m.	NOUN
hassl-883	412	4	v.	v.	PROPN
hassl-883	412	5	,	,	PUNCT
hassl-883	412	6	keil	keil	PROPN
hassl-883	412	7	,	,	PUNCT
hassl-883	412	8	t.	t.	PROPN
hassl-883	412	9	,	,	PUNCT
hassl-883	412	10	&	&	CCONJ
hassl-883	412	11	zahra	zahra	PROPN
hassl-883	412	12	,	,	PUNCT
hassl-883	412	13	s.	s.	PROPN
hassl-883	412	14	a.	a.	PROPN
hassl-883	412	15	(	(	PUNCT
hassl-883	412	16	2013	2013	NUM
hassl-883	412	17	)	)	PUNCT
hassl-883	412	18	.	.	PUNCT
hassl-883	413	1	top	top	ADJ
hassl-883	413	2	management‟s	management‟s	ADJ
hassl-883	413	3	attention	attention	NOUN
hassl-883	413	4	to	to	ADP
hassl-883	413	5	discontinuous	discontinuous	ADJ
hassl-883	413	6	technological	technological	ADJ
hassl-883	413	7	change	change	NOUN
hassl-883	413	8	:	:	PUNCT
hassl-883	413	9	corporate	corporate	ADJ
hassl-883	413	10	venture	venture	NOUN
hassl-883	413	11	capital	capital	NOUN
hassl-883	413	12	as	as	ADP
hassl-883	413	13	an	an	DET
hassl-883	413	14	alert	alert	ADJ
hassl-883	413	15	mechanism	mechanism	NOUN
hassl-883	413	16	.	.	PUNCT
hassl-883	414	1	organization	organization	NOUN
hassl-883	414	2	science	science	NOUN
hassl-883	414	3	,	,	PUNCT
hassl-883	414	4	24(3	24(3	NUM
hassl-883	414	5	)	)	PUNCT
hassl-883	414	6	,	,	PUNCT
hassl-883	414	7	926	926	NUM
hassl-883	414	8	-	-	SYM
hassl-883	414	9	947	947	NUM
hassl-883	414	10	.	.	PUNCT
hassl-883	415	1	mcgrath	mcgrath	PROPN
hassl-883	415	2	,	,	PUNCT
hassl-883	415	3	r.	r.	PROPN
hassl-883	415	4	g.	g.	PROPN
hassl-883	415	5	(	(	PUNCT
hassl-883	415	6	1997	1997	NUM
hassl-883	415	7	)	)	PUNCT
hassl-883	415	8	.	.	PUNCT
hassl-883	416	1	a	a	DET
hassl-883	416	2	real	real	ADJ
hassl-883	416	3	options	option	NOUN
hassl-883	416	4	logic	logic	NOUN
hassl-883	416	5	for	for	ADP
hassl-883	416	6	initiating	initiate	VERB
hassl-883	416	7	technology	technology	NOUN
hassl-883	416	8	positioning	positioning	NOUN
hassl-883	416	9	investments	investment	NOUN
hassl-883	416	10	academy	academy	PROPN
hassl-883	416	11	of	of	ADP
hassl-883	416	12	management	management	PROPN
hassl-883	416	13	review	review	PROPN
hassl-883	416	14	,	,	PUNCT
hassl-883	416	15	22(4	22(4	NUM
hassl-883	416	16	)	)	PUNCT
hassl-883	416	17	,	,	PUNCT
hassl-883	416	18	974-996.available	974-996.available	NUM
hassl-883	416	19	at	at	ADP
hassl-883	416	20	:	:	PUNCT
hassl-883	416	21	https://doi.org/10.2307/259251	https://doi.org/10.2307/259251	NOUN
hassl-883	416	22	.	.	PUNCT
hassl-883	417	1	park	park	PROPN
hassl-883	417	2	,	,	PUNCT
hassl-883	417	3	h.	h.	PROPN
hassl-883	417	4	d.	d.	PROPN
hassl-883	417	5	,	,	PUNCT
hassl-883	417	6	&	&	CCONJ
hassl-883	417	7	steensma	steensma	PROPN
hassl-883	417	8	,	,	PUNCT
hassl-883	417	9	h.	h.	PROPN
hassl-883	417	10	k.	k.	PROPN
hassl-883	417	11	(	(	PUNCT
hassl-883	417	12	2012	2012	NUM
hassl-883	417	13	)	)	PUNCT
hassl-883	417	14	.	.	PUNCT
hassl-883	418	1	when	when	SCONJ
hassl-883	418	2	does	do	AUX
hassl-883	418	3	corporate	corporate	ADJ
hassl-883	418	4	venture	venture	NOUN
hassl-883	418	5	capital	capital	NOUN
hassl-883	418	6	add	add	VERB
hassl-883	418	7	value	value	NOUN
hassl-883	418	8	for	for	ADP
hassl-883	418	9	new	new	ADJ
hassl-883	418	10	ventures	venture	NOUN
hassl-883	418	11	?	?	PUNCT
hassl-883	419	1	strategic	strategic	ADJ
hassl-883	419	2	management	management	NOUN
hassl-883	419	3	journal	journal	NOUN
hassl-883	419	4	,	,	PUNCT
hassl-883	419	5	33(1	33(1	NUM
hassl-883	419	6	)	)	PUNCT
hassl-883	419	7	,	,	PUNCT
hassl-883	419	8	1	1	NUM
hassl-883	419	9	-	-	SYM
hassl-883	419	10	22	22	NUM
hassl-883	419	11	.	.	PUNCT
hassl-883	420	1	pinkow	pinkow	ADV
hassl-883	420	2	,	,	PUNCT
hassl-883	420	3	f.	f.	PROPN
hassl-883	420	4	,	,	PUNCT
hassl-883	420	5	&	&	CCONJ
hassl-883	420	6	iversen	iversen	PROPN
hassl-883	420	7	,	,	PUNCT
hassl-883	420	8	j.	j.	PROPN
hassl-883	420	9	(	(	PUNCT
hassl-883	420	10	2020	2020	NUM
hassl-883	420	11	)	)	PUNCT
hassl-883	420	12	.	.	PUNCT
hassl-883	421	1	strategic	strategic	ADJ
hassl-883	421	2	objectives	objective	NOUN
hassl-883	421	3	of	of	ADP
hassl-883	421	4	corporate	corporate	ADJ
hassl-883	421	5	venture	venture	NOUN
hassl-883	421	6	capital	capital	NOUN
hassl-883	421	7	as	as	ADP
hassl-883	421	8	a	a	DET
hassl-883	421	9	tool	tool	NOUN
hassl-883	421	10	for	for	ADP
hassl-883	421	11	open	open	ADJ
hassl-883	421	12	innovation	innovation	NOUN
hassl-883	421	13	.	.	PUNCT
hassl-883	422	1	journal	journal	NOUN
hassl-883	422	2	of	of	ADP
hassl-883	422	3	open	open	ADJ
hassl-883	422	4	innovation	innovation	NOUN
hassl-883	422	5	:	:	PUNCT
hassl-883	422	6	technology	technology	NOUN
hassl-883	422	7	,	,	PUNCT
hassl-883	422	8	market	market	NOUN
hassl-883	422	9	,	,	PUNCT
hassl-883	422	10	and	and	CCONJ
hassl-883	422	11	complexity	complexity	NOUN
hassl-883	422	12	,	,	PUNCT
hassl-883	422	13	6(4	6(4	NUM
hassl-883	422	14	)	)	PUNCT
hassl-883	422	15	,	,	PUNCT
hassl-883	422	16	1-21.available	1-21.available	NUM
hassl-883	422	17	at	at	ADP
hassl-883	422	18	:	:	PUNCT
hassl-883	422	19	https://doi.org/10.3390/joitmc6040157	https://doi.org/10.3390/joitmc6040157	PROPN
hassl-883	422	20	.	.	PUNCT
hassl-883	423	1	sears	sears	PROPN
hassl-883	423	2	,	,	PUNCT
hassl-883	423	3	j.	j.	PROPN
hassl-883	423	4	b.	b.	PROPN
hassl-883	423	5	,	,	PUNCT
hassl-883	423	6	mcleod	mcleod	PROPN
hassl-883	423	7	,	,	PUNCT
hassl-883	423	8	m.	m.	PROPN
hassl-883	423	9	s.	s.	PROPN
hassl-883	423	10	,	,	PUNCT
hassl-883	423	11	evert	evert	PROPN
hassl-883	423	12	,	,	PUNCT
hassl-883	423	13	r.	r.	PROPN
hassl-883	423	14	e.	e.	PROPN
hassl-883	423	15	,	,	PUNCT
hassl-883	423	16	&	&	CCONJ
hassl-883	423	17	payne	payne	PROPN
hassl-883	423	18	,	,	PUNCT
hassl-883	423	19	g.	g.	PROPN
hassl-883	423	20	t.	t.	PROPN
hassl-883	423	21	(	(	PUNCT
hassl-883	423	22	2020	2020	NUM
hassl-883	423	23	)	)	PUNCT
hassl-883	423	24	.	.	PUNCT
hassl-883	424	1	alleviating	alleviate	VERB
hassl-883	424	2	concerns	concern	NOUN
hassl-883	424	3	of	of	ADP
hassl-883	424	4	misappropriation	misappropriation	NOUN
hassl-883	424	5	in	in	ADP
hassl-883	424	6	corporate	corporate	ADJ
hassl-883	424	7	venture	venture	NOUN
hassl-883	424	8	capital	capital	NOUN
hassl-883	424	9	:	:	PUNCT
hassl-883	424	10	creating	create	VERB
hassl-883	424	11	credible	credible	ADJ
hassl-883	424	12	commitments	commitment	NOUN
hassl-883	424	13	and	and	CCONJ
hassl-883	424	14	calculative	calculative	ADJ
hassl-883	424	15	trust	trust	NOUN
hassl-883	424	16	.	.	PUNCT
hassl-883	425	1	strategic	strategic	ADJ
hassl-883	425	2	organization	organization	NOUN
hassl-883	425	3	,	,	PUNCT
hassl-883	425	4	1476127020926174	1476127020926174	NUM
hassl-883	425	5	.	.	PUNCT
hassl-883	426	1	shane	shane	PROPN
hassl-883	426	2	,	,	PUNCT
hassl-883	426	3	s.	s.	PROPN
hassl-883	426	4	(	(	PUNCT
hassl-883	426	5	2000	2000	NUM
hassl-883	426	6	)	)	PUNCT
hassl-883	426	7	.	.	PUNCT
hassl-883	427	1	prior	prior	ADJ
hassl-883	427	2	knowledge	knowledge	NOUN
hassl-883	427	3	and	and	CCONJ
hassl-883	427	4	the	the	DET
hassl-883	427	5	discovery	discovery	NOUN
hassl-883	427	6	of	of	ADP
hassl-883	427	7	entrepreneurial	entrepreneurial	ADJ
hassl-883	427	8	opportunities	opportunity	NOUN
hassl-883	427	9	.	.	PUNCT
hassl-883	428	1	organization	organization	NOUN
hassl-883	428	2	science	science	NOUN
hassl-883	428	3	,	,	PUNCT
hassl-883	428	4	11(4	11(4	NUM
hassl-883	428	5	)	)	PUNCT
hassl-883	428	6	,	,	PUNCT
hassl-883	428	7	448469.available	448469.available	ADJ
hassl-883	428	8	at	at	ADP
hassl-883	428	9	:	:	PUNCT
hassl-883	428	10	https://doi.org/10.1287/orsc.11.4.448.14602	https://doi.org/10.1287/orsc.11.4.448.14602	PROPN
hassl-883	428	11	.	.	PUNCT
hassl-883	429	1	shane	shane	PROPN
hassl-883	429	2	.	.	PROPN
hassl-883	429	3	,	,	PUNCT
hassl-883	429	4	s.	s.	PROPN
hassl-883	429	5	,	,	PUNCT
hassl-883	429	6	&	&	CCONJ
hassl-883	429	7	cable	cable	NOUN
hassl-883	429	8	,	,	PUNCT
hassl-883	429	9	d.	d.	PROPN
hassl-883	429	10	(	(	PUNCT
hassl-883	429	11	2002	2002	NUM
hassl-883	429	12	)	)	PUNCT
hassl-883	429	13	.	.	PUNCT
hassl-883	430	1	network	network	NOUN
hassl-883	430	2	ties	tie	NOUN
hassl-883	430	3	,	,	PUNCT
hassl-883	430	4	reputation	reputation	NOUN
hassl-883	430	5	,	,	PUNCT
hassl-883	430	6	and	and	CCONJ
hassl-883	430	7	the	the	DET
hassl-883	430	8	financing	financing	NOUN
hassl-883	430	9	of	of	ADP
hassl-883	430	10	new	new	ADJ
hassl-883	430	11	ventures	venture	NOUN
hassl-883	430	12	.	.	PUNCT
hassl-883	431	1	management	management	NOUN
hassl-883	431	2	science	science	PROPN
hassl-883	431	3	,	,	PUNCT
hassl-883	431	4	48(3	48(3	PROPN
hassl-883	431	5	)	)	PUNCT
hassl-883	431	6	,	,	PUNCT
hassl-883	431	7	364381.available	364381.available	ADJ
hassl-883	431	8	at	at	ADP
hassl-883	431	9	:	:	PUNCT
hassl-883	431	10	https://doi.org/10.1287/mnsc.48.3.364.7731	https://doi.org/10.1287/mnsc.48.3.364.7731	PROPN
hassl-883	431	11	.	.	PUNCT
hassl-883	432	1	sharma	sharma	PROPN
hassl-883	432	2	,	,	PUNCT
hassl-883	432	3	p.	p.	PROPN
hassl-883	432	4	,	,	PUNCT
hassl-883	432	5	&	&	CCONJ
hassl-883	432	6	chrisman	chrisman	PROPN
hassl-883	432	7	,	,	PUNCT
hassl-883	432	8	j.	j.	PROPN
hassl-883	432	9	(	(	PUNCT
hassl-883	432	10	1999	1999	NUM
hassl-883	432	11	)	)	PUNCT
hassl-883	432	12	.	.	PUNCT
hassl-883	433	1	toward	toward	ADP
hassl-883	433	2	a	a	DET
hassl-883	433	3	reconciliation	reconciliation	NOUN
hassl-883	433	4	of	of	ADP
hassl-883	433	5	the	the	DET
hassl-883	433	6	definition	definition	NOUN
hassl-883	433	7	in	in	ADP
hassl-883	433	8	the	the	DET
hassl-883	433	9	field	field	NOUN
hassl-883	433	10	of	of	ADP
hassl-883	433	11	corporate	corporate	ADJ
hassl-883	433	12	entrepreneurship	entrepreneurship	NOUN
hassl-883	433	13	.	.	PUNCT
hassl-883	434	1	entrepreneurship	entrepreneurship	NOUN
hassl-883	434	2	theory	theory	NOUN
hassl-883	434	3	and	and	CCONJ
hassl-883	434	4	practice	practice	NOUN
hassl-883	434	5	,	,	PUNCT
hassl-883	434	6	23(3	23(3	NUM
hassl-883	434	7	)	)	PUNCT
hassl-883	434	8	,	,	PUNCT
hassl-883	434	9	11	11	NUM
hassl-883	434	10	-	-	SYM
hassl-883	434	11	27	27	NUM
hassl-883	434	12	.	.	PUNCT
hassl-883	435	1	stuart	stuart	PROPN
hassl-883	435	2	,	,	PUNCT
hassl-883	435	3	t.	t.	PROPN
hassl-883	435	4	e.	e.	PROPN
hassl-883	435	5	(	(	PUNCT
hassl-883	435	6	1999	1999	NUM
hassl-883	435	7	)	)	PUNCT
hassl-883	435	8	.	.	PUNCT
hassl-883	436	1	interorganizational	interorganizational	ADJ
hassl-883	436	2	alliances	alliance	NOUN
hassl-883	436	3	and	and	CCONJ
hassl-883	436	4	the	the	DET
hassl-883	436	5	performance	performance	NOUN
hassl-883	436	6	of	of	ADP
hassl-883	436	7	firms	firm	NOUN
hassl-883	436	8	.	.	PUNCT
hassl-883	437	1	administrative	administrative	ADJ
hassl-883	437	2	science	science	PROPN
hassl-883	437	3	quarterly	quarterly	ADV
hassl-883	437	4	,	,	PUNCT
hassl-883	437	5	44	44	NUM
hassl-883	437	6	,	,	PUNCT
hassl-883	437	7	315349.available	315349.available	ADJ
hassl-883	437	8	at	at	ADP
hassl-883	437	9	:	:	PUNCT
hassl-883	437	10	https://doi.org/10.2307/2666998	https://doi.org/10.2307/2666998	X
hassl-883	437	11	.	.	PUNCT
hassl-883	438	1	humanities	humanity	NOUN
hassl-883	438	2	and	and	CCONJ
hassl-883	438	3	social	social	ADJ
hassl-883	438	4	sciences	science	NOUN
hassl-883	438	5	letters	letter	NOUN
hassl-883	438	6	,	,	PUNCT
hassl-883	438	7	2021	2021	NUM
hassl-883	438	8	,	,	PUNCT
hassl-883	438	9	9(1	9(1	NUM
hassl-883	438	10	):	):	PUNCT
hassl-883	438	11	72	72	NUM
hassl-883	438	12	-	-	SYM
hassl-883	438	13	85	85	NUM
hassl-883	438	14	85	85	NUM
hassl-883	438	15	©	©	PROPN
hassl-883	438	16	2021	2021	NUM
hassl-883	438	17	conscientia	conscientia	PROPN
hassl-883	438	18	beam	beam	PROPN
hassl-883	438	19	.	.	PUNCT
hassl-883	439	1	all	all	DET
hassl-883	439	2	rights	right	NOUN
hassl-883	439	3	reserved	reserve	VERB
hassl-883	439	4	.	.	PUNCT
hassl-883	440	1	tyebjee	tyebjee	PROPN
hassl-883	440	2	,	,	PUNCT
hassl-883	440	3	t.	t.	PROPN
hassl-883	440	4	t.	t.	PROPN
hassl-883	440	5	,	,	PUNCT
hassl-883	440	6	&	&	CCONJ
hassl-883	440	7	bruno	bruno	PROPN
hassl-883	440	8	,	,	PUNCT
hassl-883	440	9	a.	a.	PROPN
hassl-883	440	10	v.	v.	PROPN
hassl-883	440	11	(	(	PUNCT
hassl-883	440	12	1984	1984	NUM
hassl-883	440	13	)	)	PUNCT
hassl-883	440	14	.	.	PUNCT
hassl-883	441	1	a	a	DET
hassl-883	441	2	model	model	NOUN
hassl-883	441	3	of	of	ADP
hassl-883	441	4	venture	venture	NOUN
hassl-883	441	5	capitalist	capitalist	ADJ
hassl-883	441	6	investment	investment	NOUN
hassl-883	441	7	activity	activity	NOUN
hassl-883	441	8	.	.	PUNCT
hassl-883	442	1	management	management	NOUN
hassl-883	442	2	science	science	NOUN
hassl-883	442	3	,	,	PUNCT
hassl-883	442	4	30(9	30(9	NUM
hassl-883	442	5	)	)	PUNCT
hassl-883	442	6	,	,	PUNCT
hassl-883	442	7	10511066.available	10511066.available	ADJ
hassl-883	442	8	at	at	ADP
hassl-883	442	9	:	:	PUNCT
hassl-883	442	10	https://doi.org/10.1287/mnsc.30.9.1051	https://doi.org/10.1287/mnsc.30.9.1051	ADJ
hassl-883	442	11	.	.	PUNCT
hassl-883	443	1	wadhwa	wadhwa	PROPN
hassl-883	443	2	,	,	PUNCT
hassl-883	443	3	a.	a.	NOUN
hassl-883	443	4	,	,	PUNCT
hassl-883	443	5	&	&	CCONJ
hassl-883	443	6	kotha	kotha	PROPN
hassl-883	443	7	,	,	PUNCT
hassl-883	443	8	s.	s.	PROPN
hassl-883	443	9	(	(	PUNCT
hassl-883	443	10	2006	2006	NUM
hassl-883	443	11	)	)	PUNCT
hassl-883	443	12	.	.	PUNCT
hassl-883	444	1	knowledge	knowledge	NOUN
hassl-883	444	2	creation	creation	NOUN
hassl-883	444	3	through	through	ADP
hassl-883	444	4	external	external	ADJ
hassl-883	444	5	venturing	venturing	NOUN
hassl-883	444	6	:	:	PUNCT
hassl-883	444	7	evidence	evidence	NOUN
hassl-883	444	8	from	from	ADP
hassl-883	444	9	the	the	DET
hassl-883	444	10	telecommunications	telecommunications	NOUN
hassl-883	444	11	equipment	equipment	NOUN
hassl-883	444	12	manufacturing	manufacturing	NOUN
hassl-883	444	13	industry	industry	NOUN
hassl-883	444	14	.	.	PUNCT
hassl-883	445	1	academy	academy	PROPN
hassl-883	445	2	of	of	ADP
hassl-883	445	3	management	management	PROPN
hassl-883	445	4	journal	journal	PROPN
hassl-883	445	5	,	,	PUNCT
hassl-883	445	6	49(4	49(4	NOUN
hassl-883	445	7	)	)	PUNCT
hassl-883	445	8	,	,	PUNCT
hassl-883	445	9	819	819	NUM
hassl-883	445	10	-	-	SYM
hassl-883	445	11	835	835	NUM
hassl-883	445	12	.	.	PUNCT
hassl-883	446	1	wadhwa	wadhwa	PROPN
hassl-883	446	2	.	.	PUNCT
hassl-883	446	3	,	,	PUNCT
hassl-883	446	4	a.	a.	PROPN
hassl-883	446	5	,	,	PUNCT
hassl-883	446	6	phelps	phelps	PROPN
hassl-883	446	7	,	,	PUNCT
hassl-883	446	8	c.	c.	PROPN
hassl-883	446	9	,	,	PUNCT
hassl-883	446	10	&	&	CCONJ
hassl-883	446	11	kotha	kotha	PROPN
hassl-883	446	12	,	,	PUNCT
hassl-883	446	13	s.	s.	PROPN
hassl-883	446	14	(	(	PUNCT
hassl-883	446	15	2016	2016	NUM
hassl-883	446	16	)	)	PUNCT
hassl-883	446	17	.	.	PUNCT
hassl-883	447	1	corporate	corporate	ADJ
hassl-883	447	2	venture	venture	NOUN
hassl-883	447	3	capital	capital	NOUN
hassl-883	447	4	portfolios	portfolio	NOUN
hassl-883	447	5	and	and	CCONJ
hassl-883	447	6	firm	firm	ADJ
hassl-883	447	7	innovation	innovation	NOUN
hassl-883	447	8	.	.	PUNCT
hassl-883	448	1	journal	journal	NOUN
hassl-883	448	2	of	of	ADP
hassl-883	448	3	business	business	NOUN
hassl-883	448	4	venturing	venturing	NOUN
hassl-883	448	5	,	,	PUNCT
hassl-883	448	6	31(1	31(1	NUM
hassl-883	448	7	)	)	PUNCT
hassl-883	448	8	,	,	PUNCT
hassl-883	448	9	95	95	NUM
hassl-883	448	10	-	-	SYM
hassl-883	448	11	112	112	NUM
hassl-883	448	12	.	.	PUNCT
hassl-883	449	1	yang	yang	PROPN
hassl-883	449	2	,	,	PUNCT
hassl-883	449	3	y.	y.	PROPN
hassl-883	449	4	,	,	PUNCT
hassl-883	449	5	narayanan	narayanan	PROPN
hassl-883	449	6	,	,	PUNCT
hassl-883	449	7	v.	v.	PROPN
hassl-883	449	8	k.	k.	PROPN
hassl-883	449	9	,	,	PUNCT
hassl-883	449	10	&	&	CCONJ
hassl-883	449	11	zahra	zahra	PROPN
hassl-883	449	12	,	,	PUNCT
hassl-883	449	13	s.	s.	PROPN
hassl-883	449	14	(	(	PUNCT
hassl-883	449	15	2009	2009	NUM
hassl-883	449	16	)	)	PUNCT
hassl-883	449	17	.	.	PUNCT
hassl-883	450	1	developing	develop	VERB
hassl-883	450	2	the	the	DET
hassl-883	450	3	selection	selection	NOUN
hassl-883	450	4	and	and	CCONJ
hassl-883	450	5	valuation	valuation	NOUN
hassl-883	450	6	capabilities	capability	NOUN
hassl-883	450	7	through	through	ADP
hassl-883	450	8	learning	learn	VERB
hassl-883	450	9	:	:	PUNCT
hassl-883	450	10	the	the	DET
hassl-883	450	11	case	case	NOUN
hassl-883	450	12	of	of	ADP
hassl-883	450	13	corporate	corporate	ADJ
hassl-883	450	14	venture	venture	NOUN
hassl-883	450	15	capital	capital	NOUN
hassl-883	450	16	.	.	PUNCT
hassl-883	451	1	journal	journal	PROPN
hassl-883	451	2	of	of	ADP
hassl-883	451	3	business	business	NOUN
hassl-883	451	4	venturing	venturing	NOUN
hassl-883	451	5	,	,	PUNCT
hassl-883	451	6	24(3	24(3	NUM
hassl-883	451	7	)	)	PUNCT
hassl-883	451	8	,	,	PUNCT
hassl-883	451	9	261	261	NUM
hassl-883	451	10	-	-	SYM
hassl-883	451	11	273	273	NUM
hassl-883	451	12	.	.	PUNCT
hassl-883	452	1	zaheer	zaheer	PROPN
hassl-883	452	2	,	,	PUNCT
hassl-883	452	3	s.	s.	PROPN
hassl-883	452	4	(	(	PUNCT
hassl-883	452	5	1995	1995	NUM
hassl-883	452	6	)	)	PUNCT
hassl-883	452	7	.	.	PUNCT
hassl-883	453	1	overcoming	overcome	VERB
hassl-883	453	2	the	the	DET
hassl-883	453	3	liability	liability	NOUN
hassl-883	453	4	of	of	ADP
hassl-883	453	5	foreignness	foreignness	NOUN
hassl-883	453	6	.	.	PUNCT
hassl-883	454	1	academy	academy	PROPN
hassl-883	454	2	of	of	ADP
hassl-883	454	3	management	management	PROPN
hassl-883	454	4	journal	journal	NOUN
hassl-883	454	5	,	,	PUNCT
hassl-883	454	6	38(2	38(2	NOUN
hassl-883	454	7	)	)	PUNCT
hassl-883	454	8	,	,	PUNCT
hassl-883	454	9	341-363.available	341-363.available	NUM
hassl-883	454	10	at	at	ADP
hassl-883	454	11	:	:	PUNCT
hassl-883	454	12	https://doi.org/10.2307/256683	https://doi.org/10.2307/256683	NOUN
hassl-883	454	13	.	.	PUNCT
hassl-883	455	1	views	view	NOUN
hassl-883	455	2	and	and	CCONJ
hassl-883	455	3	opinions	opinion	NOUN
hassl-883	455	4	expressed	express	VERB
hassl-883	455	5	in	in	ADP
hassl-883	455	6	this	this	DET
hassl-883	455	7	article	article	NOUN
hassl-883	455	8	are	be	AUX
hassl-883	455	9	the	the	DET
hassl-883	455	10	views	view	NOUN
hassl-883	455	11	and	and	CCONJ
hassl-883	455	12	opinions	opinion	NOUN
hassl-883	455	13	of	of	ADP
hassl-883	455	14	the	the	DET
hassl-883	455	15	author(s	author(s	NOUN
hassl-883	455	16	)	)	PUNCT
hassl-883	455	17	,	,	PUNCT
hassl-883	455	18	humanities	humanity	NOUN
hassl-883	455	19	and	and	CCONJ
hassl-883	455	20	social	social	ADJ
hassl-883	455	21	sciences	science	NOUN
hassl-883	455	22	letters	letter	NOUN
hassl-883	455	23	shall	shall	AUX
hassl-883	455	24	not	not	PART
hassl-883	455	25	be	be	AUX
hassl-883	455	26	responsible	responsible	ADJ
hassl-883	455	27	or	or	CCONJ
hassl-883	455	28	answerable	answerable	ADJ
hassl-883	455	29	for	for	ADP
hassl-883	455	30	any	any	DET
hassl-883	455	31	loss	loss	NOUN
hassl-883	455	32	,	,	PUNCT
hassl-883	455	33	damage	damage	NOUN
hassl-883	455	34	or	or	CCONJ
hassl-883	455	35	liability	liability	NOUN
hassl-883	455	36	etc	etc	X
hassl-883	455	37	.	.	X
hassl-883	456	1	caused	cause	VERB
hassl-883	456	2	in	in	ADP
hassl-883	456	3	relation	relation	NOUN
hassl-883	456	4	to	to	PART
hassl-883	456	5	/	/	PUNCT
hassl-883	456	6	arising	arise	VERB
hassl-883	456	7	out	out	ADP
hassl-883	456	8	of	of	ADP
hassl-883	456	9	the	the	DET
hassl-883	456	10	use	use	NOUN
hassl-883	456	11	of	of	ADP
hassl-883	456	12	the	the	DET
hassl-883	456	13	content	content	NOUN
hassl-883	456	14	.	.	PUNCT