Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies

Tykvová, Tereza; Bertoni, Fabio

Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies

dc.contributor.author	Tykvová, Tereza	de
dc.contributor.author	Bertoni, Fabio	de
dc.date.accessioned	2024-04-08T08:48:12Z
dc.date.available	2024-04-08T08:48:12Z
dc.date.created	2013-03-11
dc.date.issued	2013
dc.description	Die Volltext-Datei ist nur im Campusnetz verfügbar.	de
dc.description	The full text file is only available on the campus network.	en
dc.description.abstract	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.	en
dc.identifier.swb	379854805
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/5690
dc.identifier.urn	urn:nbn:de:bsz:100-opus-8319
dc.language.iso	eng
dc.relation.ispartofseries	FZID discussion papers; 69
dc.rights.license	publ-ohne-pod	en
dc.rights.license	publ-ohne-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subject.ddc	330
dc.subject.gnd	Risikokapital	de
dc.subject.gnd	Innovationspotenzial	de
dc.title	Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	beschränkt	en
local.access	Campusnetz	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.faculty.number	3	de
local.faculty.number	7	de
local.institute.number	510	de
local.institute.number	795	de
local.opus.number	831
local.series.issueNumber	69
local.series.title	FZID discussion papers
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Business, Economics and Social Sciences	en
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.faculty	Landesanstalten	de
local.university.institute	Institute for Business Administration	en
local.university.institute	Institut für Financial Management	de
local.university.institute	Forschungszentrum Innovation und Dienstleistung	de

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Which form of venture capital is most supportive of innovation? : Evidence from European biotechnology companies

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