[期刊论文]


Venture capitalists and value creation: the role of informal investors in the growth of smaller European firms

作   者:
Matteo Rossi;Elvira Martini;

出版年:2019

页    码:233 - 233
出版社:Inderscience Publishers


摘   要:

In the last few decades, the innovation process has involved research systems, production systems, and governmental/institutional systems (Etzkowitz and Leydesrdoff, 1998, 2000; Fagerberg et al., 2005; Chesbrough, 2006). In this new context, both formal and informal investors - banks, business angel investors, venture capitalists, and corporate venture capitalists - play an important role. The aim of this paper is to analyse the particular role of venture capitalists (henceforth, VCs) in the innovation system, with a specific focus on new, small, innovative firms in the European context. This research is based on secondary data (Boston Consulting Group, 2015; DealRoom, 2018a, 2018b). The paper can be defined as a descriptive paper, and it attempts to illustrate a phenomenon. The limitations of the paper are a consequence of its very nature, i.e., the fact that it is largely conceptual and based on a secondary data.



关键字:

venture capital ; value creation ; firm performances ; innovation process ; Europe


所属期刊
International Journal of Globalisation and Small Business
ISSN: 1479-3059
来自:Inderscience Publishers