This master thesis sheds light on the phenomenon of non-financial value-adds of venture capital investors in the European Union. Literature on the resource-based view and venture capital suggests that, besides providing funding to their portfolio companies, venture capitalists also add value in a non-financial way to them. However, most previous research is based on US…

The business model concept has attracted considerable interest from researchers and practitioners alike. It is increasingly considered to be a major driver of innovation, inheriting the potential to create competitive advantage. More recent studies observed that a firm can operate multiple business models simultaneously, that is, business model portfolios. However, the unit of analysis when…