Government, Venture Capital and the Growth of European High-Tech Entrepreneurial Firms

By Luca Grilli, Samuele Murtinu. 2014

350 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/cfe722449fad29982015bdbbd0588db6fa0151f2

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Citations in the corpus

Governmental venture capital for innovative young firms (2014, neutral): “Grilli and Murtinu (2014b) also show that the negligible impact of the sole GVC investments is independent of the age of the investees.”
Governmental venture capital in Europe: Screening and certification (2016, background): “Fourth, the literature has also recognized that the effect of GVC on the performance of the companies in their portfolios seems to be more positive when GVC investors syndicate with PVC investors (Grilli and Murtinu 2014; Bertoni and Tykvovà 2015; Brander et al. 2015).”
Entrepreneurs for a low carbon world: How environmental knowledge and policy shape the creation and financing of green start-ups (2020, neutral): “While public policies targeted at enabling high-growth entrepreneurship have been explored in more depth (Grilli and Murtinu, 2014; Lerner, 2010; Mason and Brown, 2013), it is less understood how entrepreneurs in emerging high-tech sectors are impacted by government policies which aim to correct env”
How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium (2015, background): “A recent and increasing strand of literature suggests that GVC-backed firms are inferior to those backed by private VC (PVC) funds in terms of growth in sales and/or in headcount, and in terms of initial public offering (IPO) performance (Cumming et al., forthcoming; Grilli and Murtinu, 2014).”
Governmental and independent venture capital investments in Europe: a firm-level performance analysis (2017, methodology): “However, the intrinsic differences between IVC and GVC investors 5 For example, Grilli and Murtinu (2014b) found that the impact of public-private syndication on the sales growth of high-tech companies is positive and statistically significant (ranging from +62.90% to +63.54”
The patterns of venture capital investment in Europe (2015, methodology): “org), and it has been used by several recent works (e.g., Croce et al., 2013; Grilli and Murtinu, 2014; Cumming et al., 2014; Colombo et al., 2014a; Grilli and Murtinu, 2015).”
Does governmental venture capital spur invention and innovation? Evidence from young European biotech companies (2015, methodology): “Albeit a few recent papers use micro data in a multicountry setting to investigate the effectiveness of GVCs, they focus on issues other than inventions, such as growth (Grilli and Murtinu, 2014) and exit (Brander et al., 2014).”
R&D Subsidies as Dual Signals in Technological Collaborations (2019, background): “…on subsidies and collaborations, which typically focus on new technology-based firms in emergent, R&D-intensive sectors (Colombo et al., 2006; Grilli and Murtinu, 2018; 14 For a comprehensive list of works, see https://www.fundacionsepi.es/investigacion/esee/en/sesee_articulos.asp Electronic…”
To be born is not enough: the key role of innovative start-ups (2016, neutral): “The role of venture capitalists (VCs) is here widely acknowledged (Grilli and Murtinu 2014, 2015), especially when start-ups are involved in strategic alliances (Kaplan and Lerner 2014; Lindsey 2008; Hsu 2006).”