The Early Shoots: Genes Ventures, Matuschka/TVM, & HANNOVER Finanz

Paul Jowett and Francoise Jowett

Chapter 4 in Private Equity, 2011, pp 24-51 from Palgrave Macmillan

Abstract: Abstract The first early shoots of a more entrepreneurial approach to growth and venture capital emerged in the period 1978-1984. This was a time of much unrest in Germany, coming shortly after the “German Autumn” of 1977, when Red Army Faction terrorism began. It was a period when many West German citizens had grown tired of the Cold War, with its legacy of “mutually assured destruction”. Yet despite a growing scepticism of the US’s role in the world, many Germans were captivated by the technological miracle of Silicon Valley, and questioned whether such innovation could be stimulated in Germany. The prospects looked poor. Germany’s corporations had become conservative and bureaucratic, so heavily divided into functional specialisms that no manager had oversight of the whole. If Germany was to keep up with the Americans, it would undoubtedly require a new generation of entrepreneurs. But where were they to be found, and how could they be empowered to break new ground?

Keywords: Private Equity; German Company; Equity Capital; Venture Capital Fund; Portfolio Company (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30866-4_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230308664

DOI: 10.1057/9780230308664_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().