An Elementary Model of VC Financing and Growth
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Abstract
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DOI: 10.20955/wp.2022.031
Note: Publisher DOI: https://doi.org/10.20955/r.105.66-73
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Other versions of this item:
- Jeremy Greenwood & Pengfei Han & Hiroshi Inokuma & Juan M. Sanchez, 2023. "An Elementary Model of VC Financing and Growth," Review, Federal Reserve Bank of St. Louis, vol. 105(1), pages 66-73, January.
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More about this item
Keywords
endogenous growth; financial development; innovation; IPO; screening; research and development; startups; venture capital;All these keywords.
JEL classification:
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2022-10-31 (Corporate Finance)
- NEP-DGE-2022-10-31 (Dynamic General Equilibrium)
- NEP-ENT-2022-10-31 (Entrepreneurship)
- NEP-FDG-2022-10-31 (Financial Development and Growth)
- NEP-GRO-2022-10-31 (Economic Growth)
- NEP-INO-2022-10-31 (Innovation)
- NEP-PPM-2022-10-31 (Project, Program and Portfolio Management)
- NEP-SBM-2022-10-31 (Small Business Management)
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