German Venture Capital Market — Investments and Framework

Autor: Seyer Shafie, Matthias Liedtke, Reza Asghari
Jazyk: němčina
Rok vydání: 2021
Předmět:
Zdroj: Wirtschaftsdienst, Vol 101, Iss 11, Pp 906-910 (2021)
Druh dokumentu: article
ISSN: 0043-6275
1613-978X
DOI: 10.1007/s10273-021-3052-9
Popis: Abstract Innovative start-ups are characterised by a high level of risk for several reasons. Venture capital (VC) enables start-ups to develop their ideas into innovations and lowers the risk of failure. This form of financing is an essential component in the global competition. This paper aims at examining the German VC market with regard to its investments and framework conditions. The framework conditions that influence VC transactions are, on one end of the spectrum, the political and regulatory environment and, on the other, the innovation climate such as societal attitudes towards entrepreneurial and opportunity risk. The paper concludes with some important policy implications.
Databáze: Directory of Open Access Journals