• Abstract / Zusammenfassung
  • 1. Introduction
  • 2. Why should spatial proximity be important?
  • 3. The spatial distribution of VC supply and investments in Germany
  • 4. Types of smart capital and investment behavior
  • 4.1 The database
  • 4.2 Number of investments and share of early stage financing
  • 4.3 Spatial proximity of investors and investments
  • 5. Can spatial proximity be substituted?
  • 6. Why is regional proximity so unimportant for VC investment?
  • 7. Conclusions and implications
  • References