Leamon, Ann; Garcia-Robles, Maria Susana; Lerner, Josh - Inter-American Development Bank - 2013
Venture capital investment has been found to be remarkably effective at stimulating innovation and job growth …. Government policy plays an important part in creating an ecosystem in which venture capital and innovation can thrive. Yet … government programs have also sunk billions of dollars into misguided efforts to inspire venture capital and innovation. In this …