Mohlo by se vám také líbit

Více informací o knize Dynamic Efficiency and Path Dependencies in Venture Capital Markets

• Parametry knihy
• Anotace
• Oblíbené z jiného soudku

Nákupem získáte 331 bodů

Anotace knihy

This book offers a new explanation why venture capital in investments differ substantially between countries. Recent literature has attributed these differences to differences in the financial architecture and tax regulations. By contrast, this book shows by using simulations of a general equilibrium model that interactions between venture capitalists' reputation building and experience accumulation lead to different levels of venture capital investments. The interactions taking place in venture capital markets can result in inefficiencies in experience accumulation. The study argues that government subsidies in such a situation may increase venture capitalists' experience accumulation. However, using an agency model, this study shows that subsidies can have negative effects since they reduce venture capitalists' incentives to support the management teams.

Parametry knihy

Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics Macroeconomics

• Plný název: Dynamic Efficiency and Path Dependencies in Venture Capital Markets
• Autor: A. Schertler
• Jazyk: Angličtina
• Vazba: Pevná
• Počet stran: 192
• EAN: 9783540407102
• ISBN: 3540407103
• ID: 05273916
• Nakladatelství: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Hmotnost: 1060 g
• Rozměry: 235 × 155 × 19 mm
• Datum vydání: 02. December 2003

Oblíbené z jiného soudku

---

---

---