Venture Finance and Entrepreneurship have provided the invisible levers controlling the growth of new innovations in the world economy. The article tries to trace the history of growth in venture finance in US, UK, Europe, Africa, Asia and India. The structural differences between Informal,...

The stock market return and the risk of 33 quoted European venture capital companies during the period 1977-1991 are studied. The return is negative on average with eight of the 33 companies having a return that is higher than the market return. However, the systematic risk (measured by the beta...