Patzelt, Holger; Knyphausen-Aufseß, Dodo zu; Habib, Yasmin - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005
Motivated by the different development stages of both, the venture capital (VC) as well as the life science industry in the USA and Europe, we investigate portfolio strategies of US-American and European VC firms active in this sector. We analyse portfolios of 88 VCs financing a total of 1050...