This paper investigates whether industry technological changes affect the timing of venture capital-backed IPOs. Venture capitalists (VCs) shorten incubation periods and take portfolio companies public when the industry exhibits high levels of technological change. This technology timing of IPOs...

The present study investigates the relatively successful development of the homegrown IT industry in Poland since the early 1990s. The case is theoretically interesting because it runs counter to the dominant perspective on the economic systems in postcommunist Central Europe, which emphasizes...

This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between private equity investors acting in a single national...