Shachmurove, Emanuel; Shachmurove, Yochanan - Department of Economics, University of Pennsylvania - 2009
This paper examines venture capital investment activity in the United States during the period 1995 to the first … region are important factors in determining venture capital investment. Furthermore, the paper explores the effects of … macroeconomic variables on investment activity. Consequently, the venture capital data are augmented by Gross Domestic Product (GDP …