This study contributes by characterising the venture capital market and factors with impact on investments made in Romania. Of the latter perspective, we introduce macroeconomic factors identified in the literature. However, there are few studies devoted to the identification of factors affecting the ...
... middle of paper ...
...), “Assessing the contribution of venture capital to innovation”, RAND Journal of Economics 31, pp. 674–92.
OECD (2006), The SME Financing Gap: Theory and Evidence (Vol, 1), OECD.
OECD (2004), Promoting entrepreneurship and innovative SMEs in a global economy; towards a more responsible and inclusive globalisation, OECD.
Poterba J. (1989), ”Venture capital and capital gains taxation”, in Summers. L. (ed.) ”Tax Policy and the Economy”, MIT Press Cambridge MA.
Romain A., van Pottelsberghe B. (2004), ”The determinants of venture capital: a panel analysis of 16 OECD countries”, Discussion paper No. 19, Universite Libre de Bruxelles.
Schertler A. (2003), ”Driving forces of venture capital investments in Europe: a dynamic panel data analysis”, European Integration. Financial Systems and Corporate Performance (EFIC) Working Paper No. 03-27, United Nations University.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Charting the rise of Ecology Capitalism: Can we rely on market mechanisms to mitigate the danger posed by anthropogenic global warming. Brief Over the past several decades, a monumental resurgence in ecological thought has occurred. What was once considered the domain of fringe dwellers is now deeply embedded in current scientific discourse. The rise of ecology can be partly attributed to the 21st century experience of scarcity: declining oil reserves, receding forests and limited water. The main driver, however, is of course climate change.... [tags: Global warming, Climate change, Carbon dioxide]
858 words (2.5 pages)
- The emergence of capitalism in Western Europe was considered as a majority change in human history. As prior to the emergence of capitalism conditions are mainly agriculture and there was no sustained monotonic income per capita. Also prior to the emergence of capitalism there was a feudal system of organising the economy emerged in the 15th century of medieval Europe. Early Feudalism started after the fall of the Roman Empire, which led to no law being in place protecting the poor people who then turned to the lord of the manor for protection which saw the beginning of Feudalism.... [tags: Karl Marx, Capitalism, Feudalism, Serfdom]
1381 words (3.9 pages)
- Stress And Its Influence On The Mortality Rate in Eastern Europe Death rates are associated with many complex, multifaceted issues in every society. The world is rapidly changing politically, socially and environmentally. With the fall of communism and the subsequent, dramatic social and political changes no other region in the world exemplifies global change like Eastern Europe. Specifically, the death rates of Eastern Europe countries have been increasingly fluctuating away from the norm. This has been caused by a wide array of interesting, sometimes obscure factors.... [tags: Society Eastern Europe Death Rate Essays Papers]
1081 words (3.1 pages)
- The economic and social systems of Western Europe and the Soviet Eastern bloc in 1945-1955 were very different yet very similar in several ways. The East was definitely trying to reconcile with the West, whereas the West wasn’t as in to interacting with the East after World War II. Based on my new found knowledge of both the West and East of Europe, I can say that from an economic aspect, both received very different treatment from different countries. Because of the Soviet Union’s socialism, countries such as the United States viewed them negatively because of disagreeing opinions on socialism.... [tags: Marshall Plan, USSR, socialism, capitalism]
974 words (2.8 pages)
- In the Medieval times, Western Europe was plagued with tremendous famines and upheavals. It was a time of numerous horrific battles were self-proclaimed “kings” jockey for power over one another. To make matters even worse, the one uniting factor that united Western Europe with the East, Christianity, also too fought for control over the rights to exercise its authority over the masses. However, despite the increasing animosity within Western Europe as well as between the two Christian denominations, a new foreign threat would emerge to not only challenge Eastern Europe, but Eastern Christendom.... [tags: Crusades, Byzantine Empire, First Crusade]
886 words (2.5 pages)
- “All that is necessary for the triumph of evil is for good men to do nothing” – Edmund Burke When we think of slavery today, our minds usually drift off into colonial America, where slavery was not only condoned but seen as a way of life by many. Slavery has since been banned in America, and all around the world. With that said, however, slavery still exists in all areas of the world. As a society of predominantly “good men” and women, we have done nothing – or very little – about a demon that plagues all of Eastern Europe, and whose influence spans the entire globe.... [tags: sex slaves, Ukraine]
1235 words (3.5 pages)
- The Fall of Communism in Eastern Europe Many political beliefs exist. Everyone has the right to chose what to believe in, what ideas to have, what to seek and how to achieve his goals. Political science is not very defined and strict. Specific rules saying that if one believes in a certain idea he should join a certain party do not exist. Certain things match certain group of people and other things this group of people would not accept. The same principle can be applied for countries. Communism appears to be successful for China, but it failed for Eastern European countries.... [tags: History Soviet Union Historical Papers]
1994 words (5.7 pages)
- Soviet Union's Presence in Eastern Europe This paper will introduce the development of Soviet internationalism alongside the development of Soviet interests in Eastern Europe. It will be argued that the Soviet interests which developed out of the Wars became fixed alongside the ideology behind internationalism. The legacy of Stalinism influenced the development of Soviet policy toward Eastern Europe and Soviet internationalism and the Cold war meant that the Soviet presence in Eastern Europe would persist until Gorbachev.... [tags: Papers]
2407 words (6.9 pages)
- The Downfall of Communism in Eastern and Central Europe The shocking fall of communism in Eastern and Central Europe in the late eighties was remarkable for both its rapidity and its scope. The specifics of communism's demise varied among nations, but similarities in both the causes and the effects of these revolutions were quite similar. As well, all of the nations involved shared the common goals of implementing democratic systems of government and moving to market economies. In each of these nations, the communist regimes in power were forced to transfer that power to radically different institutions than they were accustomed to.... [tags: Government Essays]
1758 words (5 pages)
- Venture Capitalism Research in entrepreneurship has traditionally focused on established firms within the market. How they were created is as important as how they survive, information that is often taken for granted and not adequately studied. However, Koetter Woodworking has provided me with great insight to the entire process. They have provided me with information about entrepreneurship and capital venturism first-hand. However I have been asked to express my opinion based around three fundamental questions: What are the firm's distinctive competencies.... [tags: Papers]
868 words (2.5 pages)