The Venture Capital Industry in Europe

The Venture Capital Industry in Europe substantially adds to our understanding of Europe's venture-capital industries. It relates the microeconomics of venture capital finance to industry in Europe. The book starts by discussing the micro-economics of fundraising, investing, and of the exit strategies of European venture-capital companies. This discussion offers many insights on how venture-capital companies raise funds from investors, monitor firms in which they have invested, reduce risk in their portfolios, and how they exit from the arrangements. The book goes on to discuss Europe's comparative (dis)advantages in selected industries to the (non)availability of venture-capital finance in these countries. Inter alia, it explains inter-national venture-capital activity in the light of the fundraising and investment behaviour of venture-capital companies.

About the Author:
Andrea Schertler is Economist at the Kiel Institute for World Economics, Germany