The development of venture capital in latin america and the caribbean: A comparative perspective

Ernesto H. Stein, Rodrigo A. Wagner

Producción científica: Contribución a una revistaArtículorevisión exhaustiva

5 Citas (Scopus)

Resumen

Venture capital (VC) contributes to the financing of high-growth companies. In Latin America and the Caribbean, this capital is lower than in China and India as well as the developed economies. Nonetheless, between 2005 and 2011, regional VC investments grew by 30% per year. Venture capital investments in Latin America and the Caribbean tend to be larger, focus less on high-technology industries and are more likely to be funded from abroad than those in benchmark regions. Transactions in Latin America and the Caribbean are made by less experienced investors and in fewer rounds than in comparator countries. Venture capital growth has been quite procyclical. The evidence shows that VC investments are in the early stages of development, with apparently more money than high-technology ideas.

Idioma originalInglés
Páginas (desde-hasta)49-70
Número de páginas22
PublicaciónCepal Review
Volumen2019
N.º128
DOI
EstadoPublicada - 2019
Publicado de forma externa

Huella

Profundice en los temas de investigación de 'The development of venture capital in latin america and the caribbean: A comparative perspective'. En conjunto forman una huella única.

Citar esto