| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10493896 | Journal of Business Venturing | 2015 | 18 Pages |
Abstract
We investigate the implications of venture capital (VC) investor type (government or private) on the operating efficiency of a sample of 515 Belgian portfolio firms up to 3Â years after the investment. We find that the government VC-backed firms display significant reductions in productivity. No significant differences in efficiency are found in firms backed by private VC compared with their non-VC-backed peers. Finally, significant reductions in efficiency exist in targets of government VC compared to their non-VC-backed peers.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Yan Alperovych, Georges Hübner, Fabrice Lobet,