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.
| Item Type: | Journal article |
|---|---|
| Faculties: | Economics > Chairs > Seminar for Comparative Economics |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| Item ID: | 60433 |
| Date Deposited: | 01. Feb 2019 12:27 |
| Last Modified: | 01. Feb 2019 12:27 |
