Public venture capital: missing link or weakest link?

Thierry Rayna and Ludmila Striukova ()

International Journal of Entrepreneurship and Innovation Management, 2009, vol. 9, issue 4, 453-465

Abstract: The aim of the article is to examine whether venture capital trusts (VCTs) meet government's expectations and help solve the problem of underinvestment in young companies. In order to do so a survey of companies that were funded by one of the VCTs, the Oxford Technology Trust (OTT), was conducted and the results of this exploratory study are presented in this article. VCTs are compared to two recent government initiatives that also target the lack of investment in young firms. Finally, an attempt is made to assess the effectiveness of VCTs, in particular and such policies, in general.

Keywords: venture capital trusts; VCT; equity gap; business angels; start-ups; enterprise capital funds; ECF; London Technology Fund; LTF; UK; United Kingdom; public venture capital; government expectations; underinvestment; young companies. (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.inderscience.com/link.php?id=24590 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijeima:v:9:y:2009:i:4:p:453-465

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Innovation Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().