Venture Capital Policies in Denmark [E-Book] / Günseli Baygan
Denmark has one of the lowest levels of venture capital investment as a share of GDP among OECD countries. The Danish government tried a number of supply-side initiatives in the 1990s with varying degrees of success. Problems stem from a lack of equity investment culture, the high levels and complex...
Saved in:
Full text |
|
Personal Name(s): | Baygan, Günseli. |
Imprint: |
Paris :
OECD Publishing,
2003
|
Physical Description: |
21 p. ; 21 x 29.7cm. |
Note: |
englisch |
DOI: |
10.1787/467367203414 |
Series Title: |
/* Depending on the record driver, $field may either be an array with
"name" and "number" keys or a flat string containing only the series
name. We should account for both cases to maximize compatibility. */?>
OECD Science, Technology and Industry Working Papers ;
2003/10 |
Keywords: |
Science and Technology Denmark |
Denmark has one of the lowest levels of venture capital investment as a share of GDP among OECD countries. The Danish government tried a number of supply-side initiatives in the 1990s with varying degrees of success. Problems stem from a lack of equity investment culture, the high levels and complexity of taxes, a dominant role played by banks in venture financing, and few contributions from other institutional investors. A new strategy focuses on providing seed capital to start-ups through a reorganised government equity fund and technology incubators. The challenge is to build on this momentum to further diversify early-stage financing and deepen the entrepreneurial culture. This paper analyses trends in Danish venture capital markets and makes policy recommendations which have been developed through an OECD peer review process. |