 THE ATTRACTIVENESS OF CROATIA IN TERMS OF ATTRACTING VC INVESTORSMarija Simic ()
Economic Thought and Practice, 2015, vol. 24, issue 1, 267-294 Abstract: Venture capital is crucial for stimulating innovation and economic growth. VC investment is now considered to be an international business. The institutional investors’ decision in which country to invest is an extremely complex, expensive and time-consuming task. It gets additionally complicated by the lack of a uniform definition of private equity and venture capital (PE/VC), by various data collection methodologies and lack of databases. This paper examines the attractiveness of Croatia in attracting PE/VC investors, and also a comparison with CEE countries is made. The database of investments in CEE has been created, the issue of the PE/VC definition is analysed, as well as the methodology of data collecting and determining the VC/PE Index. The research results show that, in terms of a total PE investments and the ratio of PE and GDP, Croatia is below average regarding its attractiveness for PE/VC investors for the period from 2003 to 2013, as compared to the CEE countries. Keywords: Private equity and Venture Capital; VC/ PE Country Attractiveness Index; CEE; Croatia (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:avo:emipdu:v:24:y:2015:i:1:p:267-294 Ordering information: This journal article can be ordered from Access Statistics for this article Economic Thought and Practice is currently edited by Nebojsa Stojcic More articles in Economic Thought and Practice from Department of Economics and Business, University of Dubrovnik Contact information at EDIRC. |
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