Showing 1 - 10 of 93
importance of the U.S. In the early 1990s, the declining U.S. IPO share was due to the extraordinary growth of IPOs in foreign …
Persistent link: https://www.econbiz.de/10013127767
individual capital gains tax liability on their realized gains. Moreover, most of the growth in venture funding during the last …
Persistent link: https://www.econbiz.de/10013132877
Agents in two-sided matching games vary in characteristics that are unobservable in typical data on matching markets. We investigate the identification of the distribution of unobserved characteristics using data on who matches with whom. In full generality, we consider many-to-many matching and...
Persistent link: https://www.econbiz.de/10013104978
We evaluate the performance of limited partners' (LPs) private equity investments over time. Using a sample of 14 …,380 investments by 1,852 LPs in 1,250 buyout and venture funds started between 1991 and 2006, we find that the superior performance of …
Persistent link: https://www.econbiz.de/10013087047
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …-based technologies, thus contributing to economic growth. We conclude that both public investments and private investments are key to … innovation performance …
Persistent link: https://www.econbiz.de/10013065646
whether this attraction enhances or detracts from performance. Addressing these problems in the venture capital syndication … find that while collaborating for ability-based characteristics enhances investment performance, collaborating for affinity …
Persistent link: https://www.econbiz.de/10013065957
We present evidence on the performance of nearly 1400 U.S. private equity (buyout and venture capital) funds using a … as recent research. We find better buyout fund performance than has previously been documented. This in part reflects ….S. buyout fund performance has exceeded that of public markets for most vintages for a long period of time. The outperformance …
Persistent link: https://www.econbiz.de/10013066572
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work...
Persistent link: https://www.econbiz.de/10013067246
This paper studies the effect of business partners on the commercialization of nvention based ventures, and it assesses the relative importance of partners' human and social capital on commercialization outcomes. Projects run by partnerships were five times more likely to reach...
Persistent link: https://www.econbiz.de/10013067734
We examine the effect of trust on financial investment and contracting decisions in a micro-economic environment where trust is exogenous. Using hand-collected data on European venture capital, we show that the Eurobarometer measure of trust among nations significantly affects investment...
Persistent link: https://www.econbiz.de/10013068297