Arbeitspapier
The impact of venture capital on the persistence of innovation activities of Swiss start-ups
In this study we investigate the impact of early stage venture capital on innovation activities of Swiss start-ups. This is done based on a cohort of start-ups that is representative of all firms founded in Switzerland in 1996/97 as recorded by a census of the Swiss Federal Statistical Office for this period. We analyze not only the impact of early stage venture capital on innovation performance 3 years after firm foundation but also 6 and 9 years after firm start, respectively, for those firms that survived so long and reported continuously innovation activities (persistence of innovation). The results support neither the hypothesis of a positive impact on initial innovation activities nor the hypothesis of a positive time-persistent effect on innovation performance of start-ups.
- Sprache
-
Englisch
- Erschienen in
-
Series: KOF Working Papers ; No. 332
- Klassifikation
-
Wirtschaft
Firm Objectives, Organization, and Behavior: General
Innovation and Invention: Processes and Incentives
- Thema
-
venture capital
start-ups
innovation performance
Unternehmensgründung
Risikokapital
Innovation
Unternehmenswachstum
Schweiz
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Arvanitis, Spyros
Stucki, Tobias
- Ereignis
-
Veröffentlichung
- (wer)
-
ETH Zurich, KOF Swiss Economic Institute
- (wo)
-
Zurich
- (wann)
-
2013
- DOI
-
doi:10.3929/ethz-a-007623296
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Arvanitis, Spyros
- Stucki, Tobias
- ETH Zurich, KOF Swiss Economic Institute
Entstanden
- 2013