State Venture Capital Funds as an Economic Development Strategy
In recent years, several states have established venture capital funds to provide financing for new and small businesses, generally in technology-based industries, on the grounds that too few sources of venture capital exist for such firms. The experience of the oldest state venture fund, the Massac...
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| Veröffentlicht in: | Journal of the American Planning Association 1988-04, Vol.54 (2), p.166-177 |
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| creator | Fisher, Peter S. |
| description | In recent years, several states have established venture capital funds to provide financing for new and small businesses, generally in technology-based industries, on the grounds that too few sources of venture capital exist for such firms. The experience of the oldest state venture fund, the Massachusetts Technology Development Corporation (MTDC), indicates that a state can successfully operate such a fund with an expectation of eventual profit and limited employment impact. However, state venture funds modeled after MTDC are unlikely to make a significant contribution to state economic development in broader terms, considering such issues as the structure and stability of the economy or the quality of the jobs they create. |
| doi_str_mv | 10.1080/01944368808976471 |
| format | Article |
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However, state venture funds modeled after MTDC are unlikely to make a significant contribution to state economic development in broader terms, considering such issues as the structure and stability of the economy or the quality of the jobs they create.</description><subject>Economic development</subject><subject>Equity financing</subject><subject>Funding</subject><subject>Government business enterprises</subject><subject>Industrial development</subject><subject>Industrial development corporations</subject><subject>Job creation</subject><subject>Massachusetts</subject><subject>Public finance</subject><subject>Small business</subject><subject>Startups</subject><subject>State aid</subject><subject>States</subject><subject>Strategy</subject><subject>United States</subject><subject>Venture 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Venture Capital Funds as an Economic Development Strategy</title><author>Fisher, Peter S.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c475t-db64b174d0abfa3bed2f800720500388b1d57d0455e7e7b0d1636efc6225b4d93</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1988</creationdate><topic>Economic development</topic><topic>Equity financing</topic><topic>Funding</topic><topic>Government business enterprises</topic><topic>Industrial development</topic><topic>Industrial development corporations</topic><topic>Job creation</topic><topic>Massachusetts</topic><topic>Public finance</topic><topic>Small business</topic><topic>Startups</topic><topic>State aid</topic><topic>States</topic><topic>Strategy</topic><topic>United States</topic><topic>Venture capital</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Fisher, Peter 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The experience of the oldest state venture fund, the Massachusetts Technology Development Corporation (MTDC), indicates that a state can successfully operate such a fund with an expectation of eventual profit and limited employment impact. However, state venture funds modeled after MTDC are unlikely to make a significant contribution to state economic development in broader terms, considering such issues as the structure and stability of the economy or the quality of the jobs they create.</abstract><cop>Washington, D.C</cop><pub>Taylor & Francis Group</pub><doi>10.1080/01944368808976471</doi><tpages>12</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0194-4363 |
| ispartof | Journal of the American Planning Association, 1988-04, Vol.54 (2), p.166-177 |
| issn | 0194-4363 1939-0130 |
| language | eng |
| recordid | cdi_proquest_journals_1296074415 |
| source | PAIS Index; Worldwide Political Science Abstracts; Taylor & Francis Journals Complete; Periodicals Index Online |
| subjects | Economic development Equity financing Funding Government business enterprises Industrial development Industrial development corporations Job creation Massachusetts Public finance Small business Startups State aid States Strategy United States Venture capital |
| title | State Venture Capital Funds as an Economic Development Strategy |
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