Venture capital and economic growth in Japan

Jiayuan Wang ()
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Jiayuan Wang: Graduate School of Economics, Nagoya University

Economics Bulletin, 2021, vol. 41, issue 2, 468-477

Abstract: This study analyzes the effects of venture capital on Japan's regional economy by using region-level panel data. Results of this study show that an increase in venture capital has positive effects on the establishment of start-up firms and employment. This study expands on prior macro-level research on the relationships between venture capital and economic growth. It reveals that on a regional level in Japan, venture capital still has a stimulating effect on economic growth.

Keywords: Venture capital; Entrepreneurship; Regional Economy; Employment (search for similar items in EconPapers)
JEL-codes: O1 R1 (search for similar items in EconPapers)
Date: 2021-04-09
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