TY - JOUR T1 - The Impact of Governmental Venture Capital on Innovative Young Firms Growth AU - Yazdani, Leila AU - Aris, Sulaiman JO - International Business Management VL - 10 IS - 8 SP - 1512 EP - 1517 PY - 2016 DA - 2001/08/19 SN - 1993-5250 DO - ibm.2016.1512.1517 UR - https://makhillpublications.co/view-article.php?doi=ibm.2016.1512.1517 KW - Venture capital KW -Governmental Venture Capital (GVC) KW -innovative KW -young firms KW -empowerment AB - Governments globally have established funds known as Governmental Venture Capital (GVC) and are significantly emphasizing on them in order to grow of young firms and also ful fill the gap of equity capital of new and innovative organizations. We find that firms backed by governmental venture capital reduce efficiency however increase innovation, job creation and job empowerment of young firms. ER -