Abstract
This paper assembles the most comprehensive set of data available to offer a comparative perspective on venture capital in Ireland. The paper charts the emergence of the sector and the co-evolution of the demand and supply sides of the market. On the demand side, a flow of investment opportunities emerged – particularly from the indigenous software sector – for which venture capital represented an appropriate financing vehicle. Concurrently, on the supply side, publicly provided funding and other elements of public policy dramatically enhanced its availability. State support to the demand-side has been a multiple of state support to the supply side of the market. Developing a self-sustaining VC sector, however, is found not to be a straightforward task.
Original language | English |
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Pages (from-to) | 1-27 |
Journal | Irish Journal of Management |
Volume | 32 |
DOIs | |
Publication status | Published - 1 Jan 2012 |
Keywords
- venture capital
- Ireland
- comparative perspective
- demand side
- supply side
- public policy
- software sector
- state support