productive and active VC industry boosts innovation driven growth …The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists …

financing affects firm innovation and growth. The results highlight the essential role of VC financing for U.S. innovation and … growth and suggest that VC development in other countries could promote their economic growth …

productive and active VC industry boosts innovation driven growth. …The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists …

Why does trust vary so substantially across countries? This paper presents a general equilibrium growth model in which … rate of investment. The predictions of the model are examined empirically for a cross-section of countries and have …

and show that low trust environments reduce the rate of investment and thus the economy's growth rate. Further, we show …-trust societies, in turn, exhibit higher rates of investment and growth …Why does trust vary so substantially across countries? How does trust affect growth? This paper presents a general …