Governmental venture capital for innovative young firms

MG Colombo, DJ Cumming, S Vismara - The Journal of Technology …, 2016 - Springer
Governments around the world have set up governmental venture capital (GVC) funds, and
are increasingly doing so, with the aims of fostering the development of a private venture …

Does governmental venture capital spur invention and innovation? Evidence from young European biotech companies

F Bertoni, T Tykvová - Research Policy, 2015 - Elsevier
This paper explores whether and how governmental venture capital investors (GVCs) spur
invention and innovation in young biotech companies in Europe. To gauge invention we …

Governmental and independent venture capital investments in Europe: A firm-level performance analysis

DJ Cumming, L Grilli, S Murtinu - Journal of corporate finance, 2017 - Elsevier
This paper examines the impact of government versus private independent venture capital
(VC) backing on the exit performance of entrepreneurial firms. Our analyses are based on …

De-segmenting research in entrepreneurial finance

DJ Cumming, S Vismara - Venture Capital, 2017 - Taylor & Francis
Entrepreneurial finance literature is largely segmented. Different streams of the academic
literature between entrepreneurship and finance have become segmented for reasons of …

The value added by government venture capital funds compared with independent venture capital funds

T Luukkonen, M Deschryvere, F Bertoni - Technovation, 2013 - Elsevier
Government venture capital (GVC) funds have been a common policy initiative in European
countries to overcome funding gaps in the promotion of early-stage ventures. In this work …

[图书][B] Private equity demystified: An explanatory guide

J Gilligan, M Wright - 2020 - books.google.com
This book deals with risk capital provided for established firms outside the stock market,
private equity, which has grown rapidly over the last three decades, yet is largely poorly …

The impact of government-supported participative loans on the growth of entrepreneurial ventures

F Bertoni, J Martí, C Reverte - Research Policy, 2019 - Elsevier
We study the employment and sales growth of entrepreneurial ventures that have received a
government-sponsored participative loan (PL), a hybrid form of financing between debt and …

The impact of private equity on firms׳ patenting activity

K Amess, J Stiebale, M Wright - European Economic Review, 2016 - Elsevier
The paper analyses the impact of private equity (PE) backed leveraged buyouts (LBOs) on
innovative output (patenting). Using a sample of 407 UK deals we find that LBOs have a …

Institutional logics and organizational filters: Differential responses to innovation and environmentalism in China's cleantech sector

X Chen, Y Wei, MS Wang - Journal of Business Research, 2024 - Elsevier
While the institutional logics perspective has been applied to explore various empirical
contexts, less is known about how different organizations respond differentially to the …

Venture's economic impact in Australia

D Cumming, S Johan - The Journal of Technology Transfer, 2016 - Springer
We empirically compare the contributions of venture capital (VC) and private equity backed
firms, including those backed by government subsidized innovation investment funds (IIFs) …