NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

On the Return to Venture Capital

Boyan Jovanovic, Balàzs Szentes

NBER Working Paper No. 12874
Issued in January 2007

---- Acknowledgements -----

We thank A. Dittmar, I. Guler, J. Ritter, S. Woodward and Y. Yafeh for data and comments, M.A. Campo-Rembado, W. Fuchs, R. Hall, N. Kyotaki, A. Ljungqvist, C. Michelacci, J. Stein, M. Ueda, L. White and S. Woodward for comments, the NSF for support and A. Gavazza, V. Tsyrennikov, and M. Kredler for ably estimating the model and providing comments on the entire paper. We also thank the NSF and the Kauffman Foundation for support. Appendix B was written by Matthias Kredler. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us