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The B.E. Journal of Economic Analysis & Policy

Editor-in-Chief: Jürges, Hendrik / Ludwig, Sandra

Ed. by Auriol , Emmanuelle / Brunner, Johann / Fleck, Robert / Friebel, Guido / Mendola, Mariapia / Requate, Till / Tsui, Kevin / Wichardt, Philipp / Zulehner, Christine

4 Issues per year


IMPACT FACTOR 2014: 0.336
5-year IMPACT FACTOR: 0.848

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Public Venture Capital, Occupational Choice, and Entrepreneurship

Oana Secrieru1 / Marianne Vigneault2

1Bank of Canada,

2Bishop’s University,

Citation Information: Topics in Economic Analysis & Policy. Volume 4, Issue 1, ISSN (Online) 1538-0653, DOI: 10.2202/1538-0653.1346, October 2004

Publication History

Published Online:
2004-10-26

Abstract

New businesses face constraints in the form of limited access to capital and managerial expertise. Many governments have developed public venture capital programs for the purpose of easing these constraints and assisting young firms in generating growth in output and employment. The paper develops a model that incorporates occupational choice and informational asymmetries with regard to the ability of entrepreneurs and supply of effort, and determines the optimal supply of entrepreneurship, financial assistance, and managerial advice provided by a public venture capital program.

Citing Articles

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[1]
Darek Klonowski
International Journal of Emerging Markets, 2012, Volume 7, Number 3, Page 335
[2]
Etienne B. Yehoue
IMF Working Papers, 2005, Volume 05, Number 95, Page 1
[3]
Milo Bianchi and Magnus Henrekson
Kyklos, 2005, Volume 58, Number 3, Page 353

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