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European venture capital markets: fund providers and investment characteristics

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  • Andrea Schertler

Abstract

Using a European panel data set, this paper presents evidence that fund providers' investment preferences matter for venture capital investment characteristics. For example, pension funds more often prefer investments in firms at an early development stage than non-financial corporations and banks.

Suggested Citation

  • Andrea Schertler, 2005. "European venture capital markets: fund providers and investment characteristics," Applied Financial Economics, Taylor & Francis Journals, vol. 15(6), pages 367-380.
    • Handle: RePEc:taf:apfiec:v:15:y:2005:i:6:p:367-380
    DOI: 10.1080/09603100500056601
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    References listed on IDEAS

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    Cited by:

    1. Douglas Cumming, 2010. "Public policy and the creation of active venture capital markets," Venture Capital, Taylor & Francis Journals, vol. 13(1), pages 75-94, April.
    2. Khaled Abdou & Oscar Varela, 2009. "Is there a puzzle in the failure of venture capital backed portfolio companies?," Applied Financial Economics, Taylor & Francis Journals, vol. 19(18), pages 1439-1452.
    3. Elisabete Félix & Cesaltina Pires & Mohamed Gulamhussen, 2013. "The Determinants of Venture Capital in Europe — Evidence Across Countries," Journal of Financial Services Research, Springer;Western Finance Association, vol. 44(3), pages 259-279, December.
    4. repec:bla:germec:v:8:y:2007:i::p:64-88 is not listed on IDEAS
    5. Andrea Schertler, 2007. "Knowledge Capital and Venture Capital Investments: New Evidence from European Panel Data," German Economic Review, Verein für Socialpolitik, vol. 8(1), pages 64-88, February.

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