Venture capital formation, investment, and regional industrialization

Auteurs :
FLORIDA, R.
SMITH, D.F.

Description :
The paper introduces metropolitan-level data on venture capital in the USA and develops statistical models for both the location of venture capital (supply) and the spatial distribution of investment (demand). Hig degrees of capital mobility operate through a well-defined spatial structure. Specialized sources of capital supply are developing around established financial centers and centers of high-technology industry. Proximity is required to reduce uncertainty and minimize investment risk.


Type de document :
Article de périodique

Source :
Annals of the Association of American Geographers, issn : 0004-5608, 1993, vol. 83, n°. 3, p. 434-451, Collation : Illustration, Références bibliographiques : 54 réf.

Date :
1993

Editeur :
Pays édition : Etats-Unis, Washington, DC, Association of American Geographers