In this thesis, we will analyze the effect of IPOs on R&D investment and argue a change in the role of VC in the pre- and post-IPO periods for Japanese firms. It can be stated that the shareholding by VC mitigates the financial constraints of firms and is positively correlated with their R&D...

In this thesis, the effects of ownership structure on the patent applications of start-up firms are examined, focusing particularly on the role of VC. A unique dataset of Japanese start-up firms is used in the analysis, controlling for firm and industry characteristics. We find that shareholding...

In this thesis, we will analyze the effect of venture capitalists (VC) on patent applications, focusing on their effects on patent applications in the pre-and post-IPO periods for Japanese firms. It can be stated that the shareholding by VC is positively correlated with their patent applications...