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The existing literature in both public economics and financial economics often fails to consider how appropriate and effective public policy may be in promoting the venture capital industry. Public economics has dealt extensively with the effect of taxes and subsidies but has neglected the...
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made a plea for guidance in the era of entrepreneurship, scholars have been slow to respond. The purpose of this paper is … introduced a greater element of entrepreneurship have been rewarded with additional growth. …
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This paper proposes and analyses a model of start-up investment. Innovative entrepreneurs are commercially … the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …
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