Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/20012 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorEngel, Dirken
dc.contributor.authorKeilbach, Maxen
dc.date.accessioned2009-01-28T16:10:16Z-
dc.date.available2009-01-28T16:10:16Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/20012-
dc.description.abstractThe paper analyses the impact of venture capital finance on growth and innovation activities of young German firms. Among other variables, our panel of firm data includes data on venture capital funding and patent applications. With statistical matching procedures we draw an adequate control group of non­venture funded but otherwise comparable firms. The analysis confirms other findings that venture funded firms in Germany have higher number of patent applications than those in the control group. However, they do so already before the venture capitalists engagement. After this engagement, the number of patent applications does not differ significantly from that of the control group, however the venture funded firms display significantly larger growthrates. We conclude that the higher innovation output of venture funded firms is mainly driven by the selection process made by the venture capitalist.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research into Economic Systems |cJenaen
dc.relation.ispartofseries|aPapers on Entrepreneurship, Growth and Public Policy |x2205en
dc.subject.jelC33en
dc.subject.jelC14en
dc.subject.jelD92en
dc.subject.jelD21en
dc.subject.jelL21en
dc.subject.ddc330en
dc.subject.keywordFirm Demographyen
dc.subject.keywordFirm Start-Upsen
dc.subject.keywordFirm Growthen
dc.subject.keywordVenture Capitalen
dc.subject.keywordPatented Innovationsen
dc.subject.keywordMicroeconomic Evaluation Methodsen
dc.subject.stwRisikokapitalen
dc.subject.stwUnternehmensgründungen
dc.subject.stwInnovationen
dc.subject.stwUnternehmenswachstumen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleFirm Level Implications of Early Stage Venture Capital Investment - An Empiri cal Investigation-
dc.typeWorking Paperen
dc.identifier.ppn494686936en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
306.27 kB





Publikationen in EconStor sind urheberrechtlich geschützt.