Venture capital as a part of regional innovation system is assumed to play an important role for the commercialisation of innovative ideas and the development of high-technology industries in a region. This…
The paper deals with the analysis of causal effects of venture capital finance for new firm?s growth. The number of venture-backed firms is based on the identification of involvements of venture capitalists in…
In 2003, the Kyoto Protocol which imposes legally binding emission constraints on industrialized countries is likely to enter into force. The Protocol has been celebrated as a milestone in climate policy, but…
Transaction costs will reduce the attractiveness of the Kyoto Mechanisms compared to domestic abatement options. Especially the project-based mechanisms CDM and JI are likely to entail considerable costs of…
A recent article presents effective corporate tax burdens for a number of countries. Its authors conclude that Germany can be considered to be a low tax country by international comparison, and that a tax reform…
