Emergence of Cleantech as an Investment Category - Public Discourse and Venture Capital Investment
20 Pages
Posted: 3 Feb 2014
Last revised: 19 Feb 2014
EBS Universität für Wirtschaft und Recht - EBS Business School
Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, iCite
Rutgers Business School
Sustainable Business Institute (SBI)
Date Written: January 31, 2014
Abstract
In our paper we observe with an extensive database of press articles about venture capital the emergence and following evolution of the topic clean technology investing. We match our software-based analysis of the press discourse with investment data and observe high synchronicity of the developments of the two datasets. We demonstrate that historical textual information holds as a viable proxy for analyzing circumstances with a lack of rich data. An industry life cycle model can be applied to the development of this investment category. Additionally we develop an understanding of the role of public discourse in the venture capital industry and look at consequences of tone and sentiment in the media data.
Keywords: Clean Technologies, Venture Capital, Emergence, Industry Life Cycle, Public Discourse, Quantitative Content Analysis, Sentiment
Suggested Citation:
Suggested Citation
Migendt, Michael and Täube, Florian A. and Gilbert, Brett Anitra and von Flotow, Paschen, Emergence of Cleantech as an Investment Category - Public Discourse and Venture Capital Investment (January 31, 2014). EBS Business School Research Paper No. 14-11. Available at SSRN: https://ssrn.com/abstract=2388656 or http://dx.doi.org/10.2139/ssrn.2388656
