Most cited papers in Private Equity and Venture Capital
What are the most cited papers in Private Equity and Venture Capital?
The most cited paper in Private Equity and Venture Capital is "The separation of ownership and control in East Asian Corporations" (Stijn Claessens, Simeon Djankov, Larry H.P. Lang, 2000), with 5,316 citations. Next come "Prior Knowledge and the Discovery of Entrepreneurial Opportunities" (4,622) and "Investor Protection and Corporate Valuation" (4,194).
Showing 50 of 100 papers. Every paper with more than 1,374 citations is listed.
| # | Paper | ||
|---|---|---|---|
| 1 | The separation of ownership and control in East Asian Corporations Stijn Claessens, Simeon Djankov, Larry H.P. Lang · Journal of Financial Economics | 2000 | 5,316 |
| 2 | Prior Knowledge and the Discovery of Entrepreneurial Opportunities Scott A. Shane · Organization Science | Aug 2000 | 4,622 |
| 3 | Investor Protection and Corporate Valuation Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer et al. · The Journal of Finance | Jun 2002 | 4,194 |
| 4 | The dynamics of crowdfunding: An exploratory study Ethan Mollick · Journal of Business Venturing | 13 Aug 2013 | 4,175 |
| 5 | Creating Something from Nothing: Resource Construction through Entrepreneurial Bricolage Ted Baker, Reed E. Nelson · Administrative Science Quarterly | Sep 2005 | 4,055 |
| 6 | The determinants and implications of corporate cash holdings Tim C. Opler · Journal of Financial Economics | Apr 1999 | 3,987 |
| 7 | Disentangling the Incentive and Entrenchment Effects of Large Shareholdings Stijn Claessens, Simeon Djankov, Joseph P. H. Fan et al. · The Journal of Finance | Dec 2002 | 3,978 |
| 8 | A Conceptual Model of Entrepreneurship as Firm Behavior Jeffrey G. Covin, Dennis P. Slevin · Entrepreneurship Theory and Practice | Oct 1991 | 3,908 |
| 9 | The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle Allen N. Berger, Gregory F. Udell · Journal of Banking & Finance | Aug 1998 | 3,765 |
| 10 | Market value and patent citations Bronwyn H. Hall, Adam B. Jaffe, Manuel Trajtenberg · Research Publications (Maastricht University) | 2005 | 3,330 |
| 11 | Institutional Logics and the Historical Contingency of Power in Organizations: Executive Succession in the Higher Education Publishing Industry, 1958– 1990 Patricia Thornton, William C. Ocasio · American Journal of Sociology | Nov 1999 | 3,235 |
| 12 | The Influence of Institutional Investors on Myopic R&D Investment Behavior Brian J. Bushee · SSRN Electronic Journal | 1998 | 3,220 |
| 13 | Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives Amy J. Hillman, Thomas Dalziel · Academy of Management Review | Jul 2003 | 3,218 |
| 14 | Entrepreneurial Action And The Role Of Uncertainty In The Theory Of The Entrepreneur Jeffery S. McMullen, Dean A. Shepherd · Academy of Management Review | 2006 | 3,094 |
| 15 | Law and Finance Rafael La Porta, Florencio López de Silanes, Andrei Shleifer et al. · SSRN Electronic Journal | Jul 1996 | 2,940 |
| 16 | Interorganizational Endorsements and the Performance of Entrepreneurial Ventures Toby E. Stuart, Ha Nguyen Hoang, Ralph C. Hybels · Administrative Science Quarterly | Jun 1999 | 2,803 |
| 17 | Capital Structure Decisions: Which Factors Are Reliably Important? Murray Z. Frank, Vidhan K. Goyal · Financial Management | Mar 2009 | 2,782 |
| 18 | Don't go it alone: alliance network composition and startups' performance in Canadian biotechnology Joel A. C. Baum, Tony Calabrese, Brian S. Silverman · Strategic Management Journal | Mar 2000 | 2,753 |
| 19 | Crowdfunding: Tapping the right crowd Paul Belleflamme, Thomas Andrew Lambert, Armin Schwienbacher · Journal of Business Venturing | 29 Sep 2013 | 2,721 |
| 20 | The structure and governance of venture-capital organizations William A. Sahlman · Journal of Financial Economics | Oct 1990 | 2,706 |
| 21 | Fools Rush in? The Institutional Context of Industry Creation* Howard E. Aldrich, C. Marlene Fiol | 2007 | 2,651 |
| 22 | Small and medium-size enterprises: Access to finance as a growth constraint Thorsten Beck, Asli Demirgüç‐Kunt · Journal of Banking & Finance | 4 Jul 2006 | 2,629 |
| 23 | A Paradigm of Entrepreneurship: Entrepreneurial Management* Howard H. Stevenson, José-Carlos Jarillo | 2007 | 2,537 |
| 24 | The entrepreneur's business model: toward a unified perspective Michael H. Morris, Minet Schindehutte, Jeffrey A. Allen · Journal of Business Research | 27 Jan 2004 | 2,534 |
| 25 | A Review of IPO Activity, Pricing, and Allocations Jay R. Ritter, Ivo Welch · The Journal of Finance | Aug 2002 | 2,518 |
| 26 | A Conceptual Framework for Describing the Phenomenon of New Venture Creation William B. Gartner · Academy of Management Review | Oct 1985 | 2,432 |
| 27 | Venture Capitalist Certification in Initial Public Offerings William L. Megginson, Kathleen A. Weiss · The Journal of Finance | Jul 1991 | 2,422 |
| 28 | Some Simple Economics of Open Source Josh Lerner, Jean Tirole · Journal of Industrial Economics | Jun 2002 | 2,404 |
| 29 | Capital Structures in Developing Countries Laurence David Booth, Varouj A. Aivazian, Asli Demirgüç‐Kunt et al. · The Journal of Finance | Feb 2001 | 2,375 |
| 30 | Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique Erik Stam · European Planning Studies | 8 Jul 2015 | 2,341 |
| 31 | Initial human and financial capital as predictors of new venture performance Arnold C. Cooper, Javier Gimeno, Carolyn Y. Woo · Journal of Business Venturing | Sep 1994 | 2,314 |
| 32 | Corporate governance, investor protection, and performance in emerging markets Leora F. Klapper, Inessa Love · Journal of Corporate Finance | 13 May 2003 | 2,283 |
| 33 | Contextual influences on the corporate entrepreneurship-performance relationship: A longitudinal analysis Shaker A. Zahra, Jeffrey G. Covin · Journal of Business Venturing | 1995 | 2,270 |
| 34 | Network-based research in entrepreneurship Ha Nguyen Hoang, Boštjan Antončić · Journal of Business Venturing | Mar 2003 | 2,232 |
| 35 | The Relational Organization of Entrepreneurial Ecosystems Ben Spigel · Entrepreneurship Theory and Practice | 25 Jun 2015 | 2,196 |
| 36 | Ownership structure and corporate performance Harold Demsetz, Belén Villalonga · Journal of Corporate Finance | Sep 2001 | 2,151 |
| 37 | Optimal Investment, Monitoring, and the Staging of Venture Capital Paul A. Gompers · The Journal of Finance | Dec 1995 | 2,149 |
| 38 | Institutional Investors and Executive Compensation Jay C. Hartzell, Laura T. Starks · The Journal of Finance | 7 Nov 2003 | 2,136 |
| 39 | Corporate governance and the value of cash holdings Amy K. Dittmar, Jan Mahrt‐Smith · Journal of Financial Economics | 29 Nov 2006 | 2,127 |
| 40 | Corporate Ownership Around the World Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer · SSRN Electronic Journal | 1998 | 2,124 |
| 41 | Entrepreneurship: Past Research and Future Challenges Murray B. Low, Ian C. MacMillan · Journal of Management | Jun 1988 | 2,090 |
| 42 | Innovation: Mapping the winds of creative destruction W. J. Abernathy, KimB. Clark · Research Policy | Apr 1993 | 2,055 |
| 43 | Human capital and entrepreneurial success: A meta-analytical review Jens Unger, Andreas Rauch, Michael H. Frese et al. · Journal of Business Venturing | Nov 2009 | 2,051 |
| 44 | Internal capabilities, external networks, and performance: a study on technology‐based ventures Choon‐Woo Lee, Kyungmook Lee, Johannes M. Pennings · Strategic Management Journal | Jun 2001 | 2,033 |
| 45 | Open Source Software and the “Private-Collective” Innovation Model: Issues for Organization Science Eric von Hippel, Georg von Krogh · Organization Science | Apr 2003 | 2,031 |
| 46 | Innovation and Institutional Ownership Philippe Aghion, John Michael Van Reenen, Luigi Zingales · American Economic Review | 28 Jan 2013 | 2,019 |
| 47 | Beyond high tech: early adopters of open innovation in other industries Henry W. Chesbrough, Adrienne Kardon Crowther · R and D Management | 25 May 2006 | 2,015 |
| 48 | The Venture Capital Revolution Paul A. Gompers, Josh Lerner · The Journal of Economic Perspectives | May 2001 | 1,980 |
| 49 | Monitoring: Which institutions matter? Xia Chen, Jarrad Harford, Kai Li · Journal of Financial Economics | 23 Jun 2007 | 1,967 |
| 50 | Exploration and exploitation alliances in biotechnology: a system of new product development Frank T. Rothaermel, DAVID L. DEEDS · Strategic Management Journal | 22 Jan 2004 | 1,962 |
Citations are OpenAlex's own counts, from its 2026-09-23 snapshot, so the ranking can differ from Google Scholar or Web of Science. A paper is listed for a field when OpenAlex files it under one of the field's topics; retracted papers and papers whose citation count cannot be traced to citing works are left out, and a preprint and the article it became are shown once. Release dates are OpenAlex's: where a source gave only a month or a year, that is what is shown. How the lists are chosen.