EconPapers    
Economics at your fingertips  
 

Does venture capital really foster innovation?

Ana Faria and Natália Barbosa ()

No 03/2013, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: Using panel data of 17 European Union countries, we find robust empirical support for a positive impact of venture capital on innovation. After controlling for the potential endogenous relationship between venture capital and innovation, the results indicate that venture capital fosters innovation but mainly on a later stage.

Keywords: venture capital; innovation; dynamic panel data (search for similar items in EconPapers)
JEL-codes: G30 O31 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cse, nep-ent, nep-eur, nep-ino, nep-knm and nep-sbm
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www3.eeg.uminho.pt/economia/nipe/docs/2013/NIPE_WP_03_2013.pdf (application/pdf)

Related works:
Journal Article: Does venture capital really foster innovation? (2014) Downloads
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:nip:nipewp:03/2013

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in NIPE Working Papers from NIPE - Universidade do Minho Núcleo de Investigação em Políticas Económicas e Empresariais, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal. Contact information at EDIRC.
Bibliographic data for series maintained by NIPE ().

 
Page updated 2025-02-05
Handle: RePEc:nip:nipewp:03/2013