IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Employment contribution of private equity and venture capital in Europe

Listed author(s):
  • Achleitner, Ann-Kristin
  • Klöckner, Oliver
Registered author(s):

    Over the past ten years, private equity and venture capital have played an increasingly important role in the European economy. In parallel to the increase in investments, contribution of the private equity and venture capital industry to employment in Europe has grown. Against this background, the European Ventura Capital and Private Equity Association has commissioned the Center for Entrepreneurial and Financial Studies (CEFS) at the Technische Universität München to undertake a research study on the contribution of the private equity and venture capital sector to European employment. 201 private equity and venture capital-backed companies participated in the pan-European survey. The study has found that private equity and venture-backed companies employed between 4.8 and 6.4 million people in Europe in 2004. European private equity and venture capital-financed companies created 1 million jobs between 2000 and 2004. 420,000 new jobs were created in buy-out financed companies and 630,000 new jobs in venture-backed companies within this period. Employment grew in buyout-financed companies by 2.4% and in venture-backed companies by 30.5% on average per year between 1997 and 2004.

    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

    Paper provided by Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS) in its series CEFS Working Paper Series with number 2005-05.

    in new window

    Date of creation: 2005
    Handle: RePEc:zbw:cefswp:200505
    Contact details of provider: Postal:
    Arcisstr. 21, 80333 München

    Fax: 089 289 25070
    Web page:

    More information through EDIRC

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

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

    When requesting a correction, please mention this item's handle: RePEc:zbw:cefswp:200505. 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: (ZBW - German National Library of Economics)

    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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.