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What do economists tell us about venture capital contracts?

26/08/2002Source: Centre for Economic Research (ZEW). Tereza Tykvová 

Click here for the latest news, views and interviews in the clean energy investor communityIt is vital for venture capital market participants and policy makers alike to understand the problems inherent in the VC investment process and the mechanisms that have been developed to deal with these problems. Tereza Tykvová of the Centre for Economic Research (ZEW) explains.

This paper looks at the mechanisms of the venture capital market, the phases of the venture capital investment process, investment and exit.

Click here to view article (155KB)


© The Centre for European Economic Research 2002


  
The Centre for European Economic Research (Zentrum für Europäische Wirtschaftsforschung, ZEW) is one of the leading institutes in the field of user-related empirical economic research in Europe, www.zew.de

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