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Government Sponsored versus Private Venture Capital : Canadian Evidence
Brander, James A. - 2008
public policy objectives, including value-creation, innovation, and competition. A number of novel data-collection methods …, including value-creation, as measured by the likelihood and size of IPOs and M&As, and innovation, as measured by patents. It is …
Persistent link: https://www.econbiz.de/10012464618
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The Effects of Government-Sponsored Venture Capital : International Evidence
Brander, James A. - 2010
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10012462136