VENTURE INVESTMENT IN ROMANIAN IT SECTOR BEFORE AND DURING THE GLOBAL CRISIS

Liviu Jalba and Mircea Vuici

Revista Economica, 2012, vol. Supplement, issue 1, 380-386

Abstract: IT companies are among the typical clients of venture capital investors, which provide their financing in the early stages of the growth cycle. Although in Romania the IT sector is quite dynamic and has continuous need for funding, venture investment is relatively under-developed, and this situation was worsened by the global economic crisis. This paper examines the evolution of venture capital and angel investment in Romania`s IT companies before and during the crisis, analyzing the key factors behind the delay in this area.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:1:p:380-386

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