Public Policies and Public Programs with a Regional Impact in Promoting Entrepreneurship: The Case Study of Government Backed Venture Capital Schemes in the UK

This chapter adds to the growing literature from recent years on innovation finance, innovation systems, and regional economic policy. Although the role of business has been seen as critical within the regional innovation system, the role of business financing intermediaries has received considerabl...

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Detalles Bibliográficos
Autor: Pierrakis, Yannis
Tipo de recurso: capítulo de libro
Fecha de publicación:2016
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:20.500.12328/4629
Acceso en línea:http://hdl.handle.net/20.500.12328/4629
Access Level:acceso abierto
Palabra clave:Capital de riesgo
Capital de risc
Venture capital
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Descripción
Sumario:This chapter adds to the growing literature from recent years on innovation finance, innovation systems, and regional economic policy. Although the role of business has been seen as critical within the regional innovation system, the role of business financing intermediaries has received considerably less attention despite their recognised role as a central actor of the system. This chapter focuses on an innovation player that seems to have been neglected by scholars to date, namely the venture capital industry. It examines the role of public policies in promoting entrepreneurship through the UK government backed venture capital schemes. It investigates whether and how the public interventions have changed the availability of venture capital at the UK regional level. It also elaborates on the potential implications of the public sectors's domination in venture capital provision in several UK regions.