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Venture capital and economic growth in Japan

Author

Listed:
  • Jiayuan Wang

    (Graduate School of Economics, Nagoya University)

Abstract

This study analyzes the effects of venture capital on Japan's regional economy by using region-level panel data. Results of this study show that an increase in venture capital has positive effects on the establishment of start-up firms and employment. This study expands on prior macro-level research on the relationships between venture capital and economic growth. It reveals that on a regional level in Japan, venture capital still has a stimulating effect on economic growth.

Suggested Citation

  • Jiayuan Wang, 2021. "Venture capital and economic growth in Japan," Economics Bulletin, AccessEcon, vol. 41(2), pages 468-477.
    • Handle: RePEc:ebl:ecbull:eb-20-00968
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    File URL: http://www.accessecon.com/Pubs/EB/2021/Volume41/EB-21-V41-I2-P41.pdf
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    More about this item

    Keywords

    Venture capital; Entrepreneurship; Regional Economy; Employment;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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