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Funktionsmodell und Rahmenbedingungen der Risikokapitalfinanzierung

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  • Thomas Jud

    (Improveo Beratungs-GmbH)

Abstract

Risikokapital übernimmt für die Entwicklung innovativer wachstumsorientierter Klein- und Mittelbetriebe eine Selektions-, Finanzierungs- und Mehrwertfunktion. Die Erfüllung dieser Aufgaben vom Fundraising über die Organisation des Risikokapitalmanagements und der Risikokapitalfonds bis hin zum Beteiligungsmarkt und zur Wiederveräußerung der Beteiligungen wird anhand eines schematischen Funktionsmodells diskutiert. Um diese Funktionen von Risikokapital sicherzustellen, sind adäquate regulatorische Rahmenbedingungen, ein ausreichend entwickelter Risikokapitalmarkt, ein komplementäres Fremdmittelangebot und ein entwickelter Exit-Markt erforderlich.

Suggested Citation

  • Thomas Jud, 2013. "Funktionsmodell und Rahmenbedingungen der Risikokapitalfinanzierung," WIFO Monatsberichte (monthly reports), WIFO, vol. 86(8), pages 663-672, August.
  • Handle: RePEc:wfo:monber:y:2013:i:8:p:663-672
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    References listed on IDEAS

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    1. Thomas Jud & Jürgen Marchart & Klaus S. Friesenbichler & Michael Peneder & Stefan Haslinger, 2013. "Risikokapital in Österreich. Angebots- und nachfrageseitige Erklärungen der geringen Ausprägung und Empfehlungen zu ihrer Überwindung," WIFO Studies, WIFO, number 46677, February.
    2. Cumming, Douglas (ed.), 2012. "The Oxford Handbook of Venture Capital," OUP Catalogue, Oxford University Press, number 9780195391596.
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    Cited by:

    1. Werner Hölzl & Michael Böheim & Klaus S. Friesenbichler & Thomas Jud, 2017. "Börsen als Instrument der kapitalmarktbasierten Finanzierung von Klein- und Mittelbetrieben in Österreich. Internationale Beispiele und Ansatzpunkte," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(8), pages 629-638, August.

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