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International Economic Review, 2020
AbstractThe relationship between venture capital (VC) and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists provide funding for the next stage. The success of
Greenwood, Jeremy +2 more
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AbstractThe relationship between venture capital (VC) and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists provide funding for the next stage. The success of
Greenwood, Jeremy +2 more
openaire +2 more sources
SSRN Electronic Journal, 2011 This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The role of government as both regulator of private institutions and provider of finance is also discussed, and related ...
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Finance: Finance d'entreprise, finance de marché, Diagnostic financier
2003info:eu-repo/semantics ...
Navatte, Patrick +3 more
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Financing infrastructure [PDF]
, 2012 The need for infrastructure building, replacement and updating is large worldwide and governments - particularly subnational governments - will need to mobilise budgetary resources while simultaneously restoring public finances to sound health and meeting other spending pressures. This paper considers the factors affecting investment in infrastructure (
de Mello, Luiz, Sutherland, Douglas
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