Venture Capital: Lessons from the Developed World for the Developing Markets.

摘要

The main objectives of the discussion paper are to provide policy-makers in developing countries with relatively summary and complementary evidence on key issues on the subject of venture capital and to explore some preliminary ideas on its potential role in developing country markets. There is yet a lot more that needs to be learnt and understood about both the way successful venture capital operations actually work and what they can accomplish. The hope is that the work will serve as basic background for discussion, that it be a starting point for the design of new financial products and institutions truly responsive to the needs of the productive sector and that specific features of venture capital activities may be adopted and mixed with ingredients from other financial schemes to yield a new concept to finance development. (Copyright (c) 1992 The World Bank and International Finance Corporation.)