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of venture capital on the growth of Micro and Small Industries (MSIs) in Indonesia through innovation and internet …. The results showed that venture capital had a direct positive but insignificant influence on growth. Meanwhile, innovation … venture capital on growth. This study proves that venture capital increases innovation activities and accelerates growth. …
Persistent link: https://www.econbiz.de/10013499902
Venture capitalists not only finance but also advise and thereby add value to young innovative firms. The prospects of venture capital backed firms thus depend on joint efforts of entrepreneurs and informed venture capitalists, and are subject to double moral hazard. In financing a portfolio of...
Persistent link: https://www.econbiz.de/10001718469
Since 1992 Ethiopia has been engaged in liberalizing its financial sector. The hallmark of the strategy is gradualism. The approach is not without problems especially from Bretton Woods Institutions that saw the reform as a sluggish process. This study examines this liberalization program by...
Persistent link: https://www.econbiz.de/10010333062
of a low-leverage/high cash no-short-term capital structure policy. We use Jovanovic's model (1982) that relates growth …, age and size, as used by Heshmati (2001), to which we add a dummy indicating financial conservatism. As the growth of a …
Persistent link: https://www.econbiz.de/10011536974
of a low-leverage/high cash no-short-term capital structure policy. We use Jovanovic's model (1982) that relates growth …, age and size, as used by Heshmati (2001), to which we add a dummy indicating financial conservatism. As the growth of a …
Persistent link: https://www.econbiz.de/10011306174
explore the relationship between asset growth, investment, and cash flow and find that firms use all available internal funds … to channel towards asset growth even during the financial crisis. We conclude that firms in Asia were resilient to the …
Persistent link: https://www.econbiz.de/10010617723
This paper deals with the question of whether public venture capital (VC) is performing its task properly, taking a look at how public VC companies' selection process, investment behavior, and consulting services reflect goals that differ from those of private VC firms. The results present...
Persistent link: https://www.econbiz.de/10010298521
This paper compares the post-investment value-added activities performed by governmental venture capital (GVC) and independent venture capital (IVC) for their portfolio companies, and controls for the selection effect that the different investment profiles of these investors might have on the...
Persistent link: https://www.econbiz.de/10010326858
This paper deals with the question of whether public venture capital (VC) is performing its task properly, taking a look at how public VC companies' selection process, investment behavior, and consulting services reflect goals that differ from those of private VC firms. The results present...
Persistent link: https://www.econbiz.de/10003376214
This paper compares the post-investment value-added activities performed by governmental venture capital (GVC) and independent venture capital (IVC) for their portfolio companies, and controls for the selection effect that the different investment profiles of these investors might have on the...
Persistent link: https://www.econbiz.de/10009296648