Advanced Search
MyIDEAS: Login to save this paper or follow this series

Venture capital operations and their potential role in LDC markets


Author Info

  • Sagari, Silvia
  • Guidotti, Gabriela
Registered author(s):


    The venture capital industry started and developed as an institutional response to rapid changes in the industrial sector and, in particular, to the emergence of small and medium-sized companies. Venture capital targets mainly small and also younger companies, primarily during their early stage, when they are developing new products and/or services. The main objective of the present paper is to provide Bank staff and policymakers in developing countries with complementary evidence on key issues in this subject. It focuses on the investment activity of the venture capital firms and the relationship between the venture capital firm and the investee firms. The paper reviews the role of government vis-a-vis the industry and concludes with some thoughts on the potential role for venture capital operations in LDC financial markets.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by The World Bank in its series Policy Research Working Paper Series with number 540.

    as in new window
    Date of creation: 31 Jan 1991
    Date of revision:
    Handle: RePEc:wbk:wbrwps:540

    Contact details of provider:
    Postal: 1818 H Street, N.W., Washington, DC 20433
    Phone: (202) 477-1234
    Web page:
    More information through EDIRC

    Related research

    Keywords: Economic Theory&Research; Financial Intermediation; Banks&Banking Reform; International Terrorism&Counterterrorism; Small Scale Enterprise;


    No references listed on IDEAS
    You can help add them by filling out this form.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Bergemann, D. & Hege, U., 1997. "Venture Capital Financing, Moral Hazard and Learning," Discussion Paper 1997-108, Tilburg University, Center for Economic Research.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:540. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.