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The creation of value through innovation is among the defining traits of new technology-driven ventures. In this paper …. On average, for every Euro of EIF-supported VC financing, start-ups generated 2.74 Euro of private innovation value. …
Persistent link: https://www.econbiz.de/10011859809
five years following the investment date. Overall, our work provides meaningful evidence towards the positive effects of … EIF’s VC activity on the exit prospects and innovative capacity of young and innovative businesses in Europe. …
Persistent link: https://www.econbiz.de/10012436188
concerning the success rates, failure rates, investment rates, equity shares, and IPO values. Raising capital gains taxation …
Persistent link: https://www.econbiz.de/10011782639
positive effects of EIF-supported VC investment on the financial growth of young and innovative businesses in Europe. …
Persistent link: https://www.econbiz.de/10011995881
We test under what circumstances boards discipline managers and whether such interventions improve performance. We exploit exogenous variation due to the staggered adoption of corporate governance laws in formerly Communist countries coupled with detailed ‘hard’ information about the...
Persistent link: https://www.econbiz.de/10008702077
In recent years, venture capital has become an important source for nancing young entrepreneurial rms. Given the apparently more innovative nature and extra value added of venture capital backed rms compared to other firms, policy makers have taken an increasing interest in an active venture...
Persistent link: https://www.econbiz.de/10012142333
the financial crisis additionally limit the investment activity of BAs with investment activity at low levels. This paper …
Persistent link: https://www.econbiz.de/10011862423
This paper evaluates the impact of the introduction of savings groups on poverty, vulnerability, and financial …, we investigate the impact of savings groups after more than two years of exposure. We find t hat savings groups channel … savings groups increases female labor market participation and, in poorer areas, it fosters greater specialization in …
Persistent link: https://www.econbiz.de/10012587506
This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata … from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters … demonstrate that employment growth is explained by product innovation. On the other hand, we find no evidence of a displacement …
Persistent link: https://www.econbiz.de/10012670262
The ownership nationality of large US multinational companies plays an implicit but important role in the current debate over how such companies should be taxed. This paper identifies that role and investigates what is actually known about where these companies’ shareholders reside
Persistent link: https://www.econbiz.de/10011387732