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Venture Capital
An International Journal of Entrepreneurial Finance
Volume 13, 2011 - Issue 1
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Review Essay

Public policy and the creation of active venture capital markets

Pages 75-94 | Accepted 25 Apr 2010, Published online: 22 Jan 2011

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (8)

Fauna Atta Frimpong, Ellis Kofi Akwaa-Sekyi, Frank Gyimah Sackey & Ramon Saladrigues Solé. (2022) Venture capital as innovative source of financing equity capital after the financial crisis in Spain. Cogent Business & Management 9:1.
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Di Guo & Kun Jiang. (2022) Venture capital investment, intellectual property rights protection and firm innovation: evidence from China. Entrepreneurship & Regional Development 34:5-6, pages 434-470.
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Carolin Bock & Martin Watzinger. (2019) The Capital Gains Tax: A Curse but Also a Blessing for Venture Capital Investment. Journal of Small Business Management 57:4, pages 1200-1231.
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Douglas Cumming & Sofia Johan. (2019) Government venture capital research: fake science and bad public policy. Venture Capital 21:1, pages 121-131.
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Rudra P. Pradhan, Mak B. Arvin, Mahendhiran Nair & Sara E. Bennett. (2017) Venture capital investment, financial development, and economic growth: the case of European single market countries. Venture Capital 19:4, pages 313-333.
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Wolfgang Bessler & Martin Seim. (2012) The performance of venture-backed IPOs in Europe. Venture Capital 14:4, pages 215-239.
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Marco Da Rin, Giovanna Nicodano & Alessandro Sembenelli. (2011) A reply to Douglas Cumming's Review Essay: ‘Public policy and the creation of active venture capital markets’. Venture Capital 13:1, pages 95-98.
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Douglas Cumming. (2011) Misinforming the public about public policy towards venture capital. Venture Capital 13:1, pages 99-102.
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Articles from other publishers (26)

Qing Yang, Ying Sophie Huang, Feng Guo, Jindan Zhang & Xiaoyang Zhao. (2023) Does public policy towards venture capital promote local innovation? Evidence from China's establishment of fund town. Finance Research Letters 52, pages 103578.
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Richard T Harrison, Babangida Yohanna & Yannis Pierrakis. (2020) Internationalisation and localisation: Foreign venture capital investments in the United Kingdom. Local Economy: The Journal of the Local Economy Policy Unit 35:3, pages 230-256.
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Mauricio Ballesteros-Ruiz & Felix Florencio Cardenas-del Castillo. 2019. Innovation and Entrepreneurship: A New Mindset for Emerging Markets. Innovation and Entrepreneurship: A New Mindset for Emerging Markets 199 230 .
Arash Soleimani Dahaj & Brian Paul Cozzarin. (2019) Government venture capital and cross-border investment. Global Finance Journal 41, pages 113-127.
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Douglas Cumming. (2018) Book review: Advanced introduction to entrepreneurial finance Hans Landström . International Small Business Journal: Researching Entrepreneurship 37:3, pages 311-312.
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David Devigne, Sophie Manigart, Tom Vanacker & Klaas Mulier. 2019. Contemporary Topics in Finance. Contemporary Topics in Finance 215 248 .
Nicholas Apergis. 2019. Environmental Kuznets Curve (EKC). Environmental Kuznets Curve (EKC) 55 63 .
David Devigne, Sophie Manigart, Tom Vanacker & Klaas Mulier. (2018) VENTURE CAPITAL INTERNATIONALIZATION: SYNTHESIS AND FUTURE RESEARCH DIRECTIONS. Journal of Economic Surveys 32:5, pages 1414-1445.
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Daniel Stefan Hain & Roman Jurowetzki. (2018) Local competence building and international venture capital in low-income countries. Journal of Small Business and Enterprise Development 25:3, pages 447-482.
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Kseniya Bagmet, Oleksii Lyulyov & Iryna Skliar. (2018) ДОВГОСТРОКОВИЙ ВПЛИВ СОЦІАЛЬНИХ ПРОГРАМ У КОНТЕКСТІ ІНСТИТУЦІОНАЛЬНИХ ЗМІН НАЦІОНАЛЬНОЇ ЕКОНОМІКИ: ЗАГАЛЬНІ ПІДХОДИ ДО ОЦІНЮВАННЯ Й ДЕРЖАВНОГО РЕГУЛЮВАННЯ. PROBLEMS AND PROSPECTS OF ECONOMIC AND MANAGEMENT 1(13):1(13), pages 17-23.
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Friedemann Polzin, Mark Sanders & Ulrika Stavlöt. 2018. Designing a Sustainable Financial System. Designing a Sustainable Financial System 347 381 .
Michael Migendt, Friedemann Polzin, Florian Schock, Florian A Täube & Paschen von Flotow. (2017) Beyond venture capital: an exploratory study of the finance-innovation-policy nexus in cleantech. Industrial and Corporate Change 26:6, pages 973-996.
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Friedemann Polzin, Mark Sanders & Florian Täube. (2017) A diverse and resilient financial system for investments in the energy transition. Current Opinion in Environmental Sustainability 28, pages 24-32.
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Douglas Cumming & Sofia Johan. (2017) The Problems with and Promise of Entrepreneurial Finance. Strategic Entrepreneurship Journal 11:3, pages 357-370.
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Emmanuelle Dubocage. (2017) 6. L’entrepreneur face à son investisseur : le cas du capital-risque. Regards croisés sur l'économie n° 19:2, pages 87-101.
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Douglas Cumming & Yelin Zhang. (2016) Alternative investments in emerging markets: A review and new trends. Emerging Markets Review 29, pages 1-23.
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Daniel Hain, Sofia Johan & Daojuan Wang. (2015) Determinants of Cross-Border Venture Capital Investments in Emerging and Developed Economies: The Effects of Relational and Institutional Trust. Journal of Business Ethics 138:4, pages 743-764.
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Fabio Bertoni, Massimo G. Colombo & Anita Quas. (2015) The patterns of venture capital investment in Europe. Small Business Economics 45:3, pages 543-560.
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Luc Armel G. Da GbadjiBenoit GaillyArmin Schwienbacher. (2015) International Analysis of Venture Capital Programs of Large Corporations and Financial Institutions. Entrepreneurship Theory and Practice 39:5, pages 1213-1246.
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Douglas Cumming & Sofia Johan. 2015. Public Private Partnerships for Infrastructure and Business Development. Public Private Partnerships for Infrastructure and Business Development 237 264 .
Douglas Cumming. (2014) Public economics gone wild: Lessons from venture capital. International Review of Financial Analysis 36, pages 251-260.
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Luca Grilli & Samuele Murtinu. (2014) Government, venture capital and the growth of European high-tech entrepreneurial firms. Research Policy 43:9, pages 1523-1543.
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Nicolas Bedu & Matthieu Montalban. (2014) Analysing the uneven development of private equity in Europe: legal origins and diversity of capitalism. Socio-Economic Review 12:1, pages 33-70.
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. 2014. Venture Capital and Private Equity Contracting. Venture Capital and Private Equity Contracting 729 756 .
Douglas J. Cumming. (2018) Fake Science and Bad Public Policy: Lessons from Venture Capital. SSRN Electronic Journal.
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Douglas J. Cumming. (2017) A Comment on 'Essays on International Venture Capital by Arash Soleimani Dahaj, a Thesis Presented to the University of Waterloo in Fulfillment of the Thesis Requirement for the Degree of Doctor of Philosophy in Management Sciences (2017)'. SSRN Electronic Journal.
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