Venture Capital Backed Growth

Christian Keuschnigg

University of St. Gallen Department of Economics working paper series 2002 from Department of Economics, University of St. Gallen

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)
JEL-codes: D82 G32 O16 O40 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2002-01
New Economics Papers: this item is included in nep-dev, nep-ent and nep-mfd
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://ux-tauri.unisg.ch/RePEc/usg/dp2002/dp0204keuschnigg_ganz.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:usg:dp2002:2002-04

Access Statistics for this paper

More papers in University of St. Gallen Department of Economics working paper series 2002 from Department of Economics, University of St. Gallen Contact information at EDIRC.
Bibliographic data for series maintained by Joerg Baumberger ( this e-mail address is bad, please contact ).