The impact of concentration among venture capitalists: revisiting the determinants of venture capital

dc.contributor.authorFélix, Elisabete G. S.
dc.contributor.authorNunes, José Carlos
dc.contributor.authorPires, Cesaltina Pacheco
dc.date.accessioned2023-01-11T11:27:45Z
dc.date.available2023-01-11T11:27:45Z
dc.date.issued2022
dc.description.abstractThis article analyzes the impact of the level of concentration among Venture Capitalists (VCs) on the supply of venture capital (VC), through the reduced form model for the equilibrium amount of VC (using a simultaneous equation model on aggregated data from 15 European countries). It is shown that the level of concentration among VCs has a positive effect on VC supply, so creating conditions to increase the level of concentration can stimulate VC supply. The findings reveal the importance of unemployment and personal income rate on VC demand and the positive impact of stock market capitalization on VC supply.por
dc.identifier.authoremailefelix@uevora.pt
dc.identifier.authoremailjc.nunes@esg.ipsantarem.pt
dc.identifier.authoremailcpires@uevora.pt
dc.identifier.citationFélix, E.G.S., Nunes, J.C. and Pires, C.P., 2022. The impact of concentration among Venture Capitalists: Revisiting the determinants of Venture Capital. Venture Capital: An International Journal of Entrepreneurial Finance. DOI: 10.1080/13691066.2022.2147876por
dc.identifier.doihttps://doi.org/10.1080/13691066.2022.2147876por
dc.identifier.scientificarea256por
dc.identifier.urihttps://doi.org/10.1080/13691066.2022.2147876
dc.identifier.urihttp://hdl.handle.net/10174/33363
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherRoutledge, Taylor & Francis Grouppor
dc.rightsopenAccesspor
dc.subjectVenture capital determinantspor
dc.subjectEuropepor
dc.subjectHerfindahl – Hirschman Indexpor
dc.subjectImprovement-Driven Opportunity Entrepreneurial Activitypor
dc.subjectSimultaneous Equation Modelpor
dc.titleThe impact of concentration among venture capitalists: revisiting the determinants of venture capitalpor
dc.typearticlepor

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