Showing 1 - 10 of 3,471
In this paper we aim to empirically test the monitoring effect of Venture Capital financing on portfolio companies. Following Bernstein et al. (2015), we exploit the introduction of a new airline route between investor and investee locations as an exogenous shock lowering the cost of monitoring...
Persistent link: https://www.econbiz.de/10012964608
examine the effect of migrant entrepreneurship on Fintech funding and performance around venture capital (VC) investments in … Europe (EU). Based on a quantile analysis, we argue that migrant entrepreneurship seems to matter to VC investment size as … returns for investors. We point to the growing importance of migrant entrepreneurship for tech venture success in the European …
Persistent link: https://www.econbiz.de/10014350150
Using a new European Union-sponsored firm-level longitudinal dataset, we assess the impact of government-managed (GVC) and independent venture capital (IVC) funds on the sales and employee growth of European high-tech entrepreneurial firms. Our results show that the main statistically robust and...
Persistent link: https://www.econbiz.de/10013066054
An increasingly global venture capital (VC) business raises the question whether foreign VCs'investments pull economic activity away from domestic economies. Using a large sample ofVC-backed European ventures, we analyze whether involvement of foreign VCs influencesfirms' and entrepreneurs'...
Persistent link: https://www.econbiz.de/10012848733
In this review I could have focused on all of the excellent things in this work. But that would take too long, and the job of a reviewer is not to excessively praise but instead highlight areas of concern with the aim of full and correct dissemination of knowledge on a topic.I show conclusions...
Persistent link: https://www.econbiz.de/10013094348
The objective of the PICK-ME (Policy Incentives for Creation of Knowledge - Methods and Evidence) research project is to provide theoretical and empirical perspectives on innovation which give a greater role to the demand-side aspect of innovation. The main question is how can policy make...
Persistent link: https://www.econbiz.de/10010239908
In this paper we analyze how different types of venture capital investments - private, public and indirect public - affect performance of "cleantech" start-ups in Europe. We hand collected a unique dataset on the institutional setting (public/indirect/private) of almost 15000 investors in...
Persistent link: https://www.econbiz.de/10014438817
In this paper we analyze how different types of venture capital investments - private, public and indirect public - affect performance of portfolio companies. We use data on more than 20,000 VC deals in Europe between 2000 and 2018 and we hand collected a unique dataset on the institutional...
Persistent link: https://www.econbiz.de/10013282460
environment, government quality and support, education quality and entrepreneurship know-how, innovation environment and support …-stage Entrepreneurial Activity (TEA) data from the Global Entrepreneurship Monitor (GEM) dataset in 2003-2010. Due to the nascent nature of … new products, new technology, graduate education, and entrepreneurship networks. The most relevant country-level factors …
Persistent link: https://www.econbiz.de/10012051756
environment, government quality and support, education quality and entrepreneurship know-how, innovation environment and support …-stage Entrepreneurial Activity (TEA) data from the Global Entrepreneurship Monitor (GEM) dataset in 2003-2010. Due to the nascent nature of … new products, new technology, graduate education, and entrepreneurship networks. The most relevant country-level factors …
Persistent link: https://www.econbiz.de/10012139192