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Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
Misallocation Firms Investor Rights Financing Obstacles MPK
2015/9/21
We study capital misallocation within and across 10 African countries using the World Bank
Enterprise Surveys. First, we compare the extent of misallocation among rms within countries. We document h...
VENTURE CAPITALISM AS A MECHANISM FOR KNOWLEDGE GOVERNANCE: THE EMERGENCE OF THE MARKETS FOR KNOWLEDGE INTENSIVE PROPERTY RIGHTS
Venture capitalism Start- up companies Nested transactions, Knowledge bundling Knowledge i ntensive property rights Market creation, Surrogate markets for knowledge Knowledge governance mechanisms
2014/6/24
Venture capitalism is an outcome of the ICT Revolution, which made its appearance first in the US during the late 1970s and early 1980s and then in other countries including Israel during the 1990s. I...