The role of venture capital funds in developing innovative activities of the European Union countries
: Katarzyna Wierzbicka ()
Additional contact information
: Katarzyna Wierzbicka: Wydzial Ekonomii i Zarzadzania Uniwersytet w Bialymstoku, Polska
No 140/2017, Working Papers from Institute of Economic Research
Venture capital funds are very important in the development of innovative activity of economic entities. The funds contribute to closing the equity gap in the financing of innovative companies. The purpose of the study is to show the role that venture capital funds play in the development and functioning of business entities in EU companies. DEA (Data Envelopment Analysis), a non-parametric decision making unit (DMU), was used to examine the relationship. The study covered the 2010 and 2015 periods. The results confirm the assumption that venture capital funds operate most effectively in the most innovative economies of the EU.
Keywords: innovativation; venture capital; Innovative activity; efficiency (search for similar items in EconPapers)
JEL-codes: O16 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm and nep-eur
Date: 2017-05, Revised 2017-05
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://www.badania-gospodarcze.pl/images/Working_Papers/2017_No_140.pdf First version, 2017 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pes:wpaper:2017:no140
Access Statistics for this paper
More papers in Working Papers from Institute of Economic Research Contact information at EDIRC.
Series data maintained by Adam P. Balcerzak ().