Spatial Proximity Effects and Regional Equity Gaps in the Venture Capital Market: Evidence from Germany and the United Kingdom

By Ron Martin, C. Berndt, B. Klagge, P. Sunley. 2005

160 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/d4bae253f880d1f05e5208860af446bfa75ef9db

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Citations in the corpus

Myth-busting and entrepreneurship policy: the case of high growth firms (2017, background): “It is also much more readily available in certain dynamic geographic contexts (Martin et al. 2005) and is likely more important for firms operating in industries where lean approaches are not realistic (e.”
Entrepreneurship, Evolution and Geography (2009, background): “…market in the USA is highly concentrated (both in supply and investments) in the east and west coasts of the country (Sorenson and Stuart 2001; Powell et al. 2002), and in the UK it is highly concentrated in the Southeast, in and around London (Mason and Harrison 1999, 2002; Martin et al. 2005).”
Integrating Finance into Global Production Networks (2014, background): “While work on venture capital has continued (e.g. MARTIN et al., 2005; WRAY et al., 2011), there remains limited research on firm finance and its impact on firm behaviour, governance and strategy.”
Innovation, SMEs and the liability of distance: the demand and supply of bank funding in UK peripheral regions (2016, background): “Yet the evidence base for such interventions is weak and past efforts to increase the supply of specialised finance in peripheral regions have typically resulted in limited success (Mason and Harrison, 2003; Martin et al., 2005; Nightingale et al., 2009; Lerner, 2010; Grilli and Murtini, 2014).”
Decentralized Versus Centralized Financial Systems: Is There a Case for Local Capital Markets? (2005, methodology): “…for new and earlystage firms, is consistent with the ‘spatial proximity’ effect that is often argued to characterize the venture capital market (see Martin et al., 2005), in that the regional distribution of investment is closely correlated with the locational geography of venture capital firms,…”
How Regions React to Recessions: Resilience and the Role of Economic Structure (2016, background): “For instance, the UK’s banking and venture capital system has remained heavily concentrated London and the South East and has created unbalanced reinforcing logics between the demand for and supply of development finance (MARTIN et al., 2005).”
Academic entrepreneurship, technology transfer and society: where next? (2014, background): “Various policy measures have been developed over a long period as attempts to address this gap (Martin et al. 2005).”