Public Policy, Venture Capital and Entrepreneurial Finance
Series
The Robert W. Kolb series in finance
ISBN
978-0-470-49914-6
Type
book section
Date Issued
2010
Author(s)
Editor(s)
Cumming, Douglas J.
Abstract
Venture capital has become an important source of financing young entrepreneurial firms. Venture capital backed firms are often perceived as more innovative and as creating more value than others. Perhaps for this reason, policy makers are keen to create a good institutional framework to facilitate the development of an active venture capital industry. We explore the role of tax policy in determining the incentives of individuals to start up new firms and of venture capitalists to finance and advise them. In particular, we examine how business taxation together with start-up capital subsidies affect the volume and quality of venture capital backed entrepreneurship.
Language
English
Keywords
Entrepreneruship
venture capital
taxes
subsidies
HSG Classification
contribution to scientific community
Refereed
No
Book title
Venture Capital : Investment Strategies, Structure, and Policies
Publisher
Wiley
Publisher place
Hoboken, N.J.
Start page
525
End page
552
Pages
28
Subject(s)
Eprints ID
44036
File(s)![Thumbnail Image]()
Name
PolicyEntrFinance25Feb2009.pdf
Size
316.73 KB
Format
Adobe PDF
Checksum (MD5)
0161859afa1593ae68c673adbddaf12e