Venture Capital in Latvia Revisited

Alfred Vanags, Julija Stashevska () and Anders Paalzow ()
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Anders Paalzow: Stockholm School of Economics in Riga

No 9, TeliaSonera Institute Discussion papers from Baltic International Centre for Economic Policy Studies (BICEPS), Stockholm School of Economics in Riga (SSE Riga)

Abstract: This study represents an update and extension of Dijokas and Vanags (2004) which was the first attempt to examine the size and scope of the venture capital (VC) sector in Latvia. Here we trace the development of the sector since then, based on a survey of the main local funds together with data from the state venture capital programme developed within the framework of the ERDF for the 2004–2006 structural funds programming period. The main results of in- terest concern changes in the sectoral composition of VC in Latvia and an assessment of how the sector has grown. This is reported in section 2. Section 3 examines the rationale and role of publicly supported VC programmes.

Pages: 35 pages
Date: 2010-10
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Persistent link: https://EconPapers.repec.org/RePEc:bic:tpaper:9

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