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- W2006389743 abstract "Abstract Using a comprehensive database of firms from 21 European countries over the period 1998–2008, we find that venture capital investment has a positive effect on the rate of new business creation. This is especially true in countries with higher entry costs, higher protection of intellectual property rights, and lower taxes on capital gains. Our results suggest that, controlling for country and industry characteristics, venture capital is beneficial to bringing new ideas to the marketplace in the shape of new companies." @default.
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- W2006389743 date "2013-12-01" @default.
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- W2006389743 title "Venture capital and new business creation" @default.
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- W2006389743 doi "https://doi.org/10.1016/j.jbankfin.2013.08.010" @default.
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