Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/71139 
Year of Publication: 
2012
Series/Report no.: 
CFS Working Paper No. 2012/16
Publisher: 
Goethe University Frankfurt, Center for Financial Studies (CFS), Frankfurt a. M.
Abstract: 
After nearly two decades of US leadership during the 1980s and 1990s, are Europe's venture capital (VC) markets in the 2000s finally catching up regarding the provision of financing and successful exits, or is the performance gap as wide as ever? Are we amid an overall VC performance slump with no encouraging news? We attempt to answer these questions by tracking over 40,000 VC-backed firms stemming from six industries in 13 European countries and the US between 1985 and 2009; determining the type of exit - if any - each particular firm's investors choose for the venture.
Subjects: 
Venture Capital
Private Equity
Entrepreneurial Activity
Performance Gap
JEL: 
G24
G3
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
228.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.