Title :
The culture of the USA venture capital industry
Author :
Cardullo, Mario W.
Author_Institution :
US Dept. of Commerce, Int. Trade Adm., Washington, DC, USA
Abstract :
Venture capital is a form of "private risk capital". The United States pioneered the modern venture capital industry and is still the world\´s dominant venture investor with over $250 billion under active management. The American lead in developing many new technologies is due precisely to the investments in start-ups and early stage enterprises. This paper explores the structure of the US venture capital industry and its implication for other economies.
Keywords :
investment; risk management; venture capital; European unions venture capital; USA venture capital industry; inventor risk; management; venture capital banks; venture capital cycle; venture industry revenue; Fires; History; Investments; Modems; Monopoly; Portfolios; Research and development; Risk management; US Department of Commerce; Venture capital;
Conference_Titel :
Engineering Management Conference, 2003. IEMC '03. Managing Technologically Driven Organizations: The Human Side of Innovation and Change
Print_ISBN :
0-7803-8150-5
DOI :
10.1109/IEMC.2003.1252297
