Article

Regional Impact of Venture Capital

Sampsa Samila

in The Oxford Handbook of Venture Capital

Published in print April 2012 | ISBN: 9780195391596
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195391596.013.0027

Series: Oxford Handbooks

 Regional Impact of Venture Capital

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This article studies whether and when venture capital stimulates regional economies beyond the companies receiving funding. The evidence suggests that venture capital indeed has an impact that goes well beyond the funded companies, increasing entrepreneurship, employment, and payrolls in a region as a whole. The evidence also indicates that the effect varies based on the research intensity, labor laws, and social capital in the region.

Keywords: venture capital; regional economies; economic impact

Article.  8021 words. 

Subjects: Economics ; Financial Markets

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