Although there seems to be consensus in the literature that venture capital investors increase the innovation output of their portfolio companies, there is little evidence about how investor type (governmental vs. private) and transaction structure (syndicated vs. non-syndicated) moderate this...

We argue that different forms of venture capital contribute differently to the innovation process and, consequently, differ in their impact on portfolio companies' innovation output. Our results suggest that the innovation output of companies financed by independent VCs increases significantly...

The aim of this work is to investigate the drivers of productivity evolution in the European life insurance industry in the aftermath of the enforcement of the Third Directive. We apply Data Envelopment Analysis (DEA) to a panel of 602 life insurance companies operating in five European...

This work studies the extent to which the investments of young high-tech companies in Europe are supported by public venture capital (PVC) financing. We estimate an investment equation derived from a sales accelerator model, and benchmark PVC to the most well-known category of venture capital:...

The VICO project collected a database on young high-tech entrepreneurial companies operating in seven European countries (Belgium, Finland, France, Germany, Italy, Spain, and the United Kingdom). The objective of the data collection process was to build a data infrastructure to conduct an...