We review the growing literature on the relationship between venture capital (VC) booms
and start-up financing, focusing on three broad areas. First, we discuss the drivers of large …

This article reviews empirical methods to assess risk and return in private equity. I discuss
data and econometric issues for fund-level, deal-level, and publicly traded partnerships …

As the impacts of climate change intensify, urban green innovation has emerged as a critical
technological approach for reducing carbon emissions and addressing climate-related risks …

We survey over 1,000 venture capitalists (VCs) on how the COVID-19 pandemic has
affected their decisions and investments. Despite the historical importance of in-person …

We conduct a large-scale, nondeceptive field experiment to elicit preferences for
government participation in China's venture capital and private equity market. Our main …

Entrepreneurship is thought to be a key driver of economic growth. While there are myriad
forms of entrepreneurship, ranging from self-employment to small and medium size …

New technology-oriented ventures contribute disproportionately to the creation of innovative
products, and are the main drivers of the transformation of entrepreneurship, and therefore …

We explore patterns of board structure and function in the venture capital industry,
identifying factors that influence whether venture capitalists receive a board seat and …

Venture capital, an important source of financing for potentially high-growth new businesses,
is believed to suffer from information frictions. This paper quantifies the magnitude of these …

Economic frictions pervade the founding, financing, growing, and exiting of high-growth
entrepreneurial firms. This article considers one friction that currently affects a small, but …