CentER Discussion Paper Series No. 2011-111
136 Pages Posted: 13 Oct 2011
Date Written: October 12, 2011
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work on organizational structures of venture capital firms, and the relationship between general and limited partners. It discusses the work on the returns to venture capital investments. It also examines public policies, and the role of venture capital in the economy at large.
Keywords: Venture capital, private equity, alternative assets, IPOs, acquisitions, corporate venture capital, public policy, limited partners, institutional investors, syndication, innovation, venture capital returns
JEL Classification: G24, G21, G23
Suggested Citation: Suggested Citation
Da Rin, Marco and Hellmann, Thomas F. and Puri, Manju, A Survey of Venture Capital Research (October 12, 2011). TILEC Discussion Paper No. 2011-044. Available at SSRN: https://ssrn.com/abstract=1942821 or http://dx.doi.org/10.2139/ssrn.1942821