The value added by government venture capital funds compared with independent venture capital funds
Technovation(2013)
摘要
Government venture capital (GVC) funds have been a common policy initiative in European countries to overcome funding gaps in the promotion of early-stage ventures. In this work, we focus on the performance of such government funds. We compare the importance for the firm's development of post-investment, valueadded activities by GVC firms and independent venture capital (IVC) firms.
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关键词
Innovation policy,Venture capital,Independent venture capital,Government venture capital
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