| アイテムタイプ |
デフォルトアイテムタイプ（フル）その２(1) |
| 公開日 |
2017-05-20 |
| タイトル |
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タイトル |
Sources of Funds and Investment Strategies of Venture Capital Funds: Evidence from Germany, Israel, Japan and the UK |
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言語 |
en |
| 作成者 |
Mayer, Colin
Schoors, Koen
Yafeh, Yishay
| en |
Yafeh, Yishay
Hebrew University of Jerusalem
St Antony’s College, Oxford
|
Search repository
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| 寄与者 |
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寄与者タイプ |
Editor |
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姓名 |
Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University |
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言語 |
en |
| アクセス権 |
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|
アクセス権 |
open access |
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アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 主題 |
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主題Scheme |
Other |
|
主題 |
Venture capital |
| 主題 |
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主題Scheme |
Other |
|
主題 |
financial institutions |
| 主題 |
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|
主題Scheme |
Other |
|
主題 |
sources of funds |
| 内容記述 |
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内容記述タイプ |
Other |
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内容記述 |
Preliminary Draft, 9 July 2001 |
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言語 |
en |
| 内容記述 |
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内容記述タイプ |
Other |
|
内容記述 |
This paper was presented at the conference on Designing Financial Systems in East Asia and Japan: Toward a Twenty-First Century Paradigm. This two-day conference was co-organized by the International Monetary Fund and the CEI. It was held during September 24-25, 2001 at Hitotsubashi Memorial Hall in Tokyo, Japan. A select group of academics, researchers and policy makers from around the world gathered to examine the timely issue of how the financial systems and corporate governance in East Asia and Japan should be redesigned in order to achieve sustainable economic development. The conference included six sessions with 17 papers. All the presented papers were added to the CEI series of working papers. The series, as well as the contents of the conference, can be reached at http://cei.ier.hit-u.ac.jp. |
| 内容記述 |
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内容記述タイプ |
Abstract |
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内容記述 |
Using a newly constructed data set, we compare sources of funds and investment strategies of venture capital (VC) funds in Germany, Israel, Japan and the UK. Sources of VC funds differ significantly across countries, e.g. banks are particularly important in Germany, corporations in Israel, insurance companies in Japan, and pension funds in the UK. VC investment patterns also differ across countries in terms of the stage and sector of financed companies, as well as in the geographical focus of investments, and these differences are significantly related to the variations in funding sources. However, the influence of particular classes of institutions differs across countries. For example, bank backed VC firms in Germany and Japan are as involved in early stage finance as other funds in these countries, whereas in Israel and the UK they tend to invest in relatively late stage finance. While these financial institutional factors account for some of the differences in investment patterns across countries, other considerations (such as supply of entrepreneurs) are of greater significance. |
| 出版者 |
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出版者 |
Institute of Economic Research, Hitotsubashi University |
| 日付 |
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日付 |
2001-09 |
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日付タイプ |
Issued |
| 言語 |
|
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言語 |
eng |
| 資源タイプ |
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資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| 出版タイプ |
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出版タイプ |
VoR |
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出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
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関連タイプ |
isPartOf |
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関連名称 |
CEI Working Paper Series ; No. 2001-24 |
| 関連情報 |
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|
識別子タイプ |
URI |
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|
関連識別子 |
http://cei.ier.hit-u.ac.jp/index.html |
| 収録物識別子 |
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収録物識別子タイプ |
NCID |
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収録物識別子 |
AA11590659 |
| ページ数 |
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ページ数 |
33 |
| JEL |
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|
値 |
G20 |
| JEL |
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|
値 |
O32 |
wp2001-24a.pdf (285438 bytes)
