The Role of Government in the Development of BTCs

Ruby Gonsen

Chapter 6 in Technological Capabilities in Developing Countries, 1998, pp 150-181 from Palgrave Macmillan

Abstract: Abstract Economic theory provides a basis for government intervention based on whether the relevant markets function efficiently. If all markets function efficiently, the best strategy for optimal allocation of resources and production is one of minimum intervention. If there is market failure,1 however, optimality is not guaranteed; government intervention may be required to improve the functioning of imperfect markets.

Keywords: Venture Capital; Unite States7; Technological Capability; Venture Capital Firm; Fiscal Incentive (search for similar items in EconPapers)
Date: 1998
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:978-1-349-26369-1_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349263691

DOI: 10.1007/978-1-349-26369-1_6

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 ().