Startups are an effective way of promoting innovation in the software industry. This article intends to improve the theoretical and practical understanding of the key elements and factors that promote the growth of a successful ecosystem by exploring the case of Israel, which hosts one of the...

We study the conflict of interests between the limited partners (LPs) and the general partner (GP) in a VC fund with a limited life span. LPs commit money to investments in risky projects, while the GP selects projects and provides unobservable monitoring effort. We assume that midway into the...

We study the conflict of interests between the limited partners (LPs) and the general partner (GP) in a venture capital (VC) fund with a limited life span. LPs commit money, while the GP selects and monitors projects. Midway into the project, the GP privately observes the project’s quality and...