A new version of this entry is available:
Loading...
ResearchPaper
2013
Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies
Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies
Abstract (English)
We argue that different forms of venture capital contribute differently to the innovation process and, consequently, differ in their impact on portfolio companies? innovation output. Our results suggest that the innovation output of companies financed by independent VCs increases significantly faster than that of both non-VC-backed companies and of companies financed by governmental VCs. However, governmental VCs may be beneficial for innovation by complementing the skills and resources provided by an independent VC in a heterogeneous syndicate.
File is subject to an embargo until
This is a correction to:
A correction to this entry is available:
This is a new version of:
Notes
Die Volltext-Datei ist nur im Campusnetz verfügbar.
The full text file is only available on the campus network.
The full text file is only available on the campus network.
Publication license
Publication series
FZID discussion papers; 69
Published in
Faculty
Faculty of Business, Economics and Social Sciences
State Institutes
State Institutes
Institute
Institute of Financial Management
Forschungszentrum Innovation und Dienstleistung
Forschungszentrum Innovation und Dienstleistung
Examination date
Supervisor
Edition / version
Citation
Identification
DOI
ISSN
ISBN
Language
English
Publisher
Publisher place
Classification (DDC)
330 Economics
Original object
Free keywords
Standardized keywords (GND)
Sustainable Development Goals
BibTeX
@techreport{Tykvová2013,
url = {https://hohpublica.uni-hohenheim.de/handle/123456789/5690},
author = {Tykvová, Tereza and Bertoni, Fabio},
title = {Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies},
year = {2013},
school = {Universität Hohenheim},
series = {FZID discussion papers},
}