Venture Capital in Europe

Edited by
Greg N. Gregoriou
Maher Kooli
Roman Kraeussl

First edition 2007
Copyright © 2007 Elsevier Inc. All rights reserved

further details can be seen from the amazon,com links below

http://www.amazon.com/Venture-Capital-in-Europe/dp/B000VSOPBG/ref=sr_1_1?ie=UTF8&s=books&qid=1227019323&sr=8-1

contents

1 Venture capital in Europe: Closing the gap to the U.S.---------------------------------- 3

2 Public venture capital across Europe: A 15-year perspective------------------------- 19

3 Why venture capital markets are well developed in some countries but
comparatively small in others: Evidence from Europe --------------------------------------33

4 A survey of the venture capital industry in Central and Eastern Europe --------------51

5 Venture capital in European transition economies: A scoring system -----------------71

6 Recommendations for the development of a European venture capital
regulatory corpus: Lessons from the U.S. -----------------------------------------------------85

7 Productivity growth in Spanish venture-backed firms ----------------------------------101

8 Is the Spanish public sector effective in backing venture capital?----------------------- 115

9 A review of the venture capital industry in Italy--------------------------------------------- 129

10 Exit strategy and the intensity of exit-directed activities among venture
capital-backed entrepreneurs in Sweden -------------------------------------------------------143

11 Private equity fund managers do not overvalue their company investments -----------------157

12 A search model of venture capital, entrepreneurship, and unemployment----------------- 171

13 Capital structure in new technology-based firms: Venture capital-backed
versus non-venture capital-backed firms in the Irish software sector --------------------------187

14 German business ventures – entrepreneurs, success factors, and financing -----------------199

15 Financing practices in the German venture capital industry:
An empirical study ----------------------------------------------------------------------------------------------217

16 Covenants in venture capital contracts: Theory and empirical evidence
from the German capital market ---------------------------------------------------------------------------233

17 Supply and demand of venture capital for biotech firms: The case
of the Belgian regions of Wallonia and Brussels ---------------------------------------------------------249

18 Simple and cross-efficiency of European venture capital firms using data
envelopment analysis --------------------------------------------------------------------------------------------277

19 Agency theory and management buy-out: The role of venture capitalists -------------------------297

20 Does the value of venture capital vary over the investee life cycle? Evidence
from Irish investees -------------------------------------------------------------------------------------------------311

21 German banks as venture capitalists -------------------------------------------------------------------------331

22 Long-run venture-backed IPO performance analysis of Italian family-owned
firms: What role do closed-end funds play? ---------------------------------------------------------------------343

23 Securitization and venture capital fundraising --------------------------------------------------------------365

24 Total loss risk in European versus U.S.-based venture capital investments---------------------------- 371

Index ----------------------------------------------------------------------------------------------------------------------389