Industrial Economics and International Management
Financing Entrepreneurial Ventures in Europe: Impact on innovation, employment growth, and competitiveness
The
project aims to provide a better understanding of the impact of venture capital
and private equity financing on the economic performance of innovative
entrepreneurial ventures in Europe, as
reflected in innovation rates, employment creation, growth, and
competitiveness. Furthermore, it extends our understanding of the factors that
influence the demand for and the supply of venture capital and private equity
financing in European countries, at both micro and macro level. It addresses
specific issues that are generally considered crucial for the development of
the European venture capital and private equity sector but are so far under
researched, namely i) the influence of the characteristics of the investor and
the invested firm on exit mechanisms, ii) the internationalization of venture
capital and private equity investors and the integration of the venture capital
and private equity sector at European level, and iii) the policy mix to target
seed and pre-seed capital and to attract investors towards early stage
companies.
Duration: 01.04.2008 - 30.09.2011
- EU (7th Framework Program), Brüssel, BE
- Prof. Massimo G. Colombo, Politecnico di Milano (POLIMI) (Coordinator)
- Prof. Philippe Mustar, ARMINES (Coordinator)
- Prof. Dr. Tereza Tykvova, ZEW (Coordinator)
- Ass. Prof. Luisa Alemany, Universidad Complutense de Madrid
- Sánchez Atencio, Universidad Complutense de Madrid
- Ass. Prof. Marina Balboa, Universidad Complutense de Madrid
- Ass. Prof. Fabio Bertoni, Politecnico di Milano (POLIMI)
- Prof. Francesco Bollazzi, Università Cattaneo di Castellanza
- Prof. Michel Callon, ARMINES
- Prof. Bart Clarysse, University of Gent
- Veroniek Collewaert, Vlerick Leuven Management School
- Annalisa Croce, Politecnico di Milano (POLIMI)
- Sofie De Prijcker, Vlerick Leuven Management School
- Prof. Roberto Del Giudice, Università Cattaneo di Castellanza
- David Devigne, Vlerick Leuven Management School
- Liliana Doganova, ARMINES
- Ass. Prof. Anna Gervasoni, Università Cattaneo di Castellanza
- Ass. Prof. Giancarlo Giudici, Politecnico di Milano (POLIMI)
- Ass. Prof. Luca Grilli, Politecnico di Milano (POLIMI)
- Prof. Mirjam Knockaert, University of Gent
- Dr. Terttu Luukkonen, Research Institute of the Finnish Economy
- Prof. Sophie Manigart, Vlerick Leuven Management School
- Postdoc. Miguel Meuleman, Vlerick Leuven Management School
- Dr. Tomasz Mickiewicz, University College London
- Prof. José Martí Pellón, Universidad Complutense de Madrid
- Evila Piva, Politecnico di Milano (POLIMI)
- Marie Renault, ARMINES
- Massimiliano Sartori, Università Cattaneo di Castellanza
- Tom Vanacker, Vlerick Leuven Management School
- Prof. Mike Wright, Nottingham University Business School
- Nina Zieling, Universidad Complutense de Madrid
Schertler, Andrea and Tereza Tykvova (2009), Venture Capital and Internationalization, ZEW Discussion Paper No. 09-055, Mannheim. Download