Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/72368 
Year of Publication: 
2006
Series/Report no.: 
UCD Centre for Economic Research Working Paper Series No. WP06/25
Publisher: 
University College Dublin, UCD School of Economics, Dublin
Abstract: 
Ireland, the “Celtic Tiger” economy of today, had for decades been one of the poorest of the Western European economies. This paper analyses the three-pronged approach of the Irish authorities in promoting successful high-tech start-up firms. An investment climate conducive to the emergence of such firms was first created. Emerging firms were then offered substantial public support in developing their capabilities. Finally, the authorities played a significant role in promoting the emergence of a dynamic venture capital industry. Such interventionist policies would have been highly unlikely to succeed in the absence of strong institutional capacity.
Subjects: 
Venture Capital
High-Tech Start Ups
Ireland
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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