IDEAS home Printed from https://ideas.repec.org/p/bic/tpaper/1.html
   My bibliography  Save this paper

Venture Capital in Latvia

Author

Listed:
  • Vitas Dijokas
  • Alfred Vanags

    (Baltic International Centre for Economic Policy Studies (BICEPS))

Abstract

As a member of the EU, Latvia is committed to the Lisbon Strategy, which aims to make the EU the ‘most competitive and dynamic knowledge based economy in the world’1. A critical factor for the success of this strategy is the way in which capital is mobilised to support entrepreneurship and innovation. This is true for the EU as a whole and also for Latvia in particular. In Latvia the overwhelming majority of enterprises are private companies who meet their capital needs either internally or in the form of bank loans. However, for fast growing or innovative companies these sources of finance may be inadequate. In such cases a special type of financing is often appropriate, namely venture capital (VC). Venture capital is a small but emerging sector of the Latvian capital market and the aim of this survey paper is to describe and evaluate the current situation of the venture capital market in Latvia.

Suggested Citation

  • Vitas Dijokas & Alfred Vanags, 2004. "Venture Capital in Latvia," TeliaSonera Institute Discussion papers 1, Baltic International Centre for Economic Policy Studies (BICEPS);Stockholm School of Economics in Riga (SSE Riga).
    • Handle: RePEc:bic:tpaper:1
    as

    Download full text from publisher

    File URL: https://biceps.org/wp-content/uploads/2022/02/rea_brosura_1.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alfred Vanags & Julija Stashevska & Anders Paalzow, 2010. "Venture Capital in Latvia Revisited," TeliaSonera Institute Discussion papers 9, Baltic International Centre for Economic Policy Studies (BICEPS);Stockholm School of Economics in Riga (SSE Riga).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bic:tpaper:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Zasova (email available below). General contact details of provider: http://www.biceps.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.