Abstract
Conventional wisdom holds that venture capital-financed start-up companies generate positive spillovers for other businesses, but these spillovers are hard to measure accurately. This column uses a broader analysis of patent spillovers than previous studies to argue that venture capital-financed start-up companies help established companies innovate, and play a significant role in the commercialisation of new technologies. This suggests that subsidies for venture capital investment should be at least as large as current R&D subsidies.
Dokumententyp: | Zeitschriftenartikel |
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Fakultät: | Volkswirtschaft > Lehrstühle > Seminar für Komparative Wirtschaftsforschung |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
Sprache: | Englisch |
Dokumenten ID: | 60433 |
Datum der Veröffentlichung auf Open Access LMU: | 01. Feb. 2019, 12:27 |
Letzte Änderungen: | 01. Feb. 2019, 12:27 |