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Table 1 The comparison effect of VC intra- and extra-industrial reputations

From: Venture capital reputation: a blessing or a curse for entrepreneurial firm innovation—a contingent effect of industrial distance

VC reputation Resource inflows Resource outflows Result
Intra-industrial Strong
Strong signaling role;
Strong resource role (can be easily absorbed);
Weak
Internalizing resources by absorbing; Resource outflows offset by absorptive resource inflows;
Ein > Eout
Blessing effect
Extra-industrial Weak
Weak signaling role;
Strong resource role (but poorly absorbed);
Strong
Ignorance of internal resources cultivation;
Resource outflows more than offset by poorly absorptive resource inflows.
Eout > Ein
Curse effect