The venture capital industry represents the high growth end of the enterprise development spectrum. To promote this high value activity, states have ventured into new development finance realms. This article reviews various state approaches and concentrates on a diversified strategy adopted by...

Governmental fragmentation in metropolitan areas is integrally linked to the problem of fiscal disparities among localities relative to their needs. The tax-base-sharing scheme adopted by the Minnesota Legislature was applied to the mature, slow-growing, metropolitan Allegheny County,...