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Venture Capital Financing In Emerging Economies

Author

Listed:
  • Valentina Diana RUSU

    (Researcher, Department of Interdisciplinary Research – Human and Social, Alexandru Ioan Cuza University of Iasi Romania)

  • Carmen TODERASCU

    (Assistant professor, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

The problem of how financing through venture capital functions in environments that significantly differ from mature and developed markets, begins to be an important issue for researchers. In this article we aim to analyze the venture capital practice in the emerging markets. Obtaining venture capital is different from applying for a loan, because venture capitalists are usually very selective in deciding where to invest. We analyze the venture capital financing process, and what the conditions are for a firm to be able to benefit from this type of financing in the emerging economies of the Central and Eastern European countries. The results obtained have implications also for the entrepreneurs and entrepreneurial ventures that seek venture capital financing in emerging economies.

Suggested Citation

  • Valentina Diana RUSU & Carmen TODERASCU, 2016. "Venture Capital Financing In Emerging Economies," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 8(1), pages 148-162, March.
    • Handle: RePEc:jes:wpaper:y:2016:v:8:i:1:p:148-162
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    emerging markets; CEE; venture capital market;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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