Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/76263 
Year of Publication: 
2003
Series/Report no.: 
CESifo Working Paper No. 958
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
During the latter part of the 1990s the introduction of the euro, the dramatic increase in the supply of venture capital in most EU countries, and the creation of several new' equity markets targeted at innovative firms have dramatically transformed the financing prospects of European entrepreneurial firms. In this study we contribute to a deeper understanding of their actual relevance by (i) gathering new evidence on European venture capital and on Europe's new' stock markets, (ii) providing a rigorous econometric analysis of their impact on corporate growth, and (iii) elaborating on our findings to devise a research agenda.
Subjects: 
venture capital
initial public offerings (IPOs)
entrepreneurship
going public
accounting standards
Document Type: 
Working Paper
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