Venture Capital Backed Growth

Christian Keuschnigg

No 664, CESifo Working Paper Series from CESifo

Abstract: The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists not only finance but also advise start-up entrepreneurs and thereby add value to new firms. The paper demonstrates how a productive and active VC industry boosts innovation driven growth.

Keywords: venture capital; double moral hazard; innovation; growth (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo_wp664.pdf (application/pdf)

Related works:
Journal Article: Venture Capital Backed Growth (2004)
Working Paper: Venture Capital Backed Growth (2002)
Working Paper: Venture Capital Backed Growth (2002)
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:ces:ceswps:_664

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().