Theoretical perspectives on public policy for venture capital
Every work that sets out to evaluate the design and impact of government policy in the economic realm has to answer one fundamental question first, namely whether a case can be made for government intervention at all. The aim of this chapter is therefore to explain what exactly can justify government intervention in the venture capital market.1
KeywordsVenture Capital Market Failure Endogenous Growth Model Venture Capital Investment Established Firm
Unable to display preview. Download preview PDF.