Public Policy for Venture Capital: A Comparison of the United States and Germany

Arnd Plagge9783835002173, 3835002171

Venture capital is widely regarded as an important driver of economic growth. While the USA has the largest and most sophisticated venture capital market in the world, its German counterpart has only recently begun to mature, and numerous governmental schemes exist that are meant to help speed up the development of the German market. Yet, little is known about the efficiency and the impact of these efforts.