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International Business Management

ISSN: Online
ISSN: Print 1993-5250
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The Impact of Governmental Venture Capital on Innovative Young Firms Growth

Leila Yazdani and Sulaiman Aris
Page: 1512-1517 | Received 21 Sep 2022, Published online: 21 Sep 2022

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https://doi.org/10.36478/ibm.2016.1512.1517

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Abstract

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.

How to cite this article:

Leila Yazdani and Sulaiman Aris. The Impact of Governmental Venture Capital on Innovative Young Firms Growth.
DOI: https://doi.org/10.36478/ibm.2016.1512.1517
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.1512.1517