Making SMEs and start-ups a driver of growth and job creation requires a number of policies to improve the performance of SMEs, whose labour productivity in the manufacturing sector has fallen to less than a third of that in large companies. The large-scale support for SMEs should shift from...

Introduction -- Institutional description of the venture capital industry and the IPO market -- Literature review and formulation of hypotheses -- Data and methodology -- The characteristics of IPO firms on KOSDAQ 1999-2001 -- Underpricing -- Long-term performance -- Conclusion

chapter 1 Introduction -- chapter 2 Institutional description of the venture capital industry and the IPO market -- chapter 3 Literature review and formulation of hypotheses -- chapter 4 Data and methodology -- chapter 5 The characteristics of IPO firms on KOSDAQ 1999–2001 -- chapter 6...