Venture Capital: A Catalyst for Innovation and Growth

Jeremy Greenwood, Pengfei Han and Juan Sanchez

Review, 2022, vol. 104, issue 2, 120-130

Abstract: This article studies the development of the venture capital (VC) industry in the United States and assesses how VC financing affects firm innovation and growth. The results highlight the essential role of VC financing for U.S. innovation and growth and suggest that VC development in other countries could promote their economic growth.

Keywords: venture capital; innovation; growth (search for similar items in EconPapers)
JEL-codes: E13 E22 G24 L26 O16 O31 O40 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:93937

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