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Author:Ooghe, H.
Bekaert, A.
Bossche, P. van den
Title:Venture capital in the U.S.A., Europe and Japan.
Journal:Management International Review
1989 : VOL. 29:1, p. 29-45
Index terms:VENTURE CAPITAL
USA
EUROPE, WEST
JAPAN
Language:eng
Abstract:Analyzed are the reasons for the development of venture capital as a new source of finance. Structural economic problems, which are confronting the traditional industrial countries nowadays, require technological innovation as an important means in competing with the new industrialized countries. Innovation, however, needs a suitable source of finance, which companies with high-risk cannot raise from conventional funding resources. In additional, explained are the most important characteristics of venture capital.
SCIMA record nr: 65103
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