IDEAS home Printed from https://ideas.repec.org/a/taf/riadxx/v14y2024i1p67-88.html
   My bibliography  Save this article

Venture capital industry emergence and development in India and Brazil: the role of the state and challenges for the Global South countries

Author

Listed:
  • Manuel Gonzalo
  • Nathalia Guimaraes Alves
  • Juan Federico
  • Marina Szapiro
  • Hugo Kantis

Abstract

Most governments around the world are fostering innovation and entrepreneurial systems with a prominent role for venture capital (VC) support policies. However, the debate about the role and impact of VC support policies is still focused on the countries of the Global North. In this context, this paper seeks to describe and analyse the role that the state has played in the emergence and development of the VC industry in India and Brazil, two of the biggest economies of the Global South. We adopt a systemic and evolutionary perspective under the general context of a renewed role for the state in financing innovation. We offer interesting questions and implications to discuss the challenges, scale and impact that could be expected from VC industry support policies in the Global South countries.

Suggested Citation

  • Manuel Gonzalo & Nathalia Guimaraes Alves & Juan Federico & Marina Szapiro & Hugo Kantis, 2024. "Venture capital industry emergence and development in India and Brazil: the role of the state and challenges for the Global South countries," Innovation and Development, Taylor & Francis Journals, vol. 14(1), pages 67-88, January.
    • Handle: RePEc:taf:riadxx:v:14:y:2024:i:1:p:67-88
    DOI: 10.1080/2157930X.2022.2065721
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/2157930X.2022.2065721
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/2157930X.2022.2065721?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:riadxx:v:14:y:2024:i:1:p:67-88. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/riad20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.