Venture capital, angel financing, and crowdfunding of entrepreneurial ventures: A literature review
Venture capital, angel financing, and crowdfunding have evolved and matured in the
entrepreneurial finance market. These market developments have also been accompanied …
entrepreneurial finance market. These market developments have also been accompanied …
Institutions and venture capital
We survey the literature on venture capital and institutions and present a case study
comparing the development of the venture capital market in the United States and Sweden …
comparing the development of the venture capital market in the United States and Sweden …
Governmental and independent venture capital investments in Europe: A firm-level performance analysis
This paper examines the impact of government versus private independent venture capital
(VC) backing on the exit performance of entrepreneurial firms. Our analyses are based on …
(VC) backing on the exit performance of entrepreneurial firms. Our analyses are based on …
A survey of venture capital research
This survey reviews the growing body of academic work on venture capital. It lays out the
major data sources used. It examines the work on venture capital investments in companies …
major data sources used. It examines the work on venture capital investments in companies …
Contracts and exits in venture capital finance
D Cumming - The Review of Financial Studies, 2008 - academic.oup.com
Using a sample of European venture capital (VC) investments, I study the relation between
VC contracts and exits. The data indicate that ex ante, stronger VC control rights increase …
VC contracts and exits. The data indicate that ex ante, stronger VC control rights increase …
Private equity returns and disclosure around the world
To obtain more funds from the institutional investors, private equity (PE) fund managers may
report inflated valuations of private investee companies that are not yet sold. However, such …
report inflated valuations of private investee companies that are not yet sold. However, such …
Government policy towards entrepreneurial finance: Innovation investment funds
D Cumming - Journal of Business Venturing, 2007 - Elsevier
This paper analyses 280 Australian venture capital and private equity funds and their
investments in 845 entrepreneurial firms over the period 1982–2005. I focus the analysis on …
investments in 845 entrepreneurial firms over the period 1982–2005. I focus the analysis on …
Private equity, leveraged buyouts and governance
This paper provides an overview of the literature on private equity and leveraged buyouts,
focusing on global evidence related to both governance and returns to private equity and …
focusing on global evidence related to both governance and returns to private equity and …
The legislative road to Silicon Valley
Must policymakers seeking to replicate the success of Silicon Valley's venture capital market
first copy other US institutions, such as deep and liquid stock markets? Or can legislative …
first copy other US institutions, such as deep and liquid stock markets? Or can legislative …