Beraja, Martin; Peng, Wenwei; Yang, David Y.; Yuchtman, Noam - National Bureau of Economic Research - 2024
Venture capital plays an important role in funding and shaping innovation outcomes, characterized by investors' deep … government venture capital funds so that both national and local governments act as venture capitalists. These government …-led venture capital funds combine features of private venture capital with traditional government innovation policies. In this …