The state, venture capital and domestic high-tech start-ups in a late-developing economy : Ireland

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Title: The state, venture capital and domestic high-tech start-ups in a late-developing economy : Ireland
Authors: Barry, Frank
Topa, Beata
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Date: Dec-2006
Abstract: Ireland, the “Celtic Tiger” economy of today, had for decades been one of the poorest of the Western European economies. This paper analyses the three-pronged approach of the Irish authorities in promoting successful high-tech start-up firms. An investment climate conducive to the emergence of such firms was first created. Emerging firms were then offered substantial public support in developing their capabilities. Finally, the authorities played a significant role in promoting the emergence of a dynamic venture capital industry. Such interventionist policies would have been highly unlikely to succeed in the absence of strong institutional capacity.
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP06/25
Keywords: Venture capitalHigh-tech start upsIreland
Subject LCSH: Venture capital--Ireland
High technology industries--Ireland
New business enterprises--Finance
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Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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