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Venture Capital and Knowledge Transfer
Dessí, Roberta; Yin, Nina - C.E.P.R. Discussion Papers - 2015
communicate valuable knowledge to an entrepreneur, facilitating innovation. The venture capitalist can also communicate the … transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the …
Persistent link: https://www.econbiz.de/10011168896
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Innovation, Spillovers and Venture Capital Contracts
Dessí, Roberta - C.E.P.R. Discussion Papers - 2012
Innovative start-ups and venture capitalists are highly clustered, benefiting from localized spillovers: Silicon Valley is perhaps the best example. There is also substantial geographical variation in venture capital contracts: California contracts are more 'incomplete'. This paper explores the...
Persistent link: https://www.econbiz.de/10011084393