Foreign Investors and Domestic Company Growth: Evidence From US Venture Capital Investments in Sweden

Published: Jan 1, 2019
Abstract
Do foreign venture capitalists help the domestic economy, or hamper it by slowing down growth, potentially moving economic activity away? This paper addresses this long-standing policy question by examining the differential effects of US venture capital investments on the growth of Swedish start-up companies. It finds that US venture capital results in more employment, not less. These findings continue to hold after controlling for endogenous...
Paper Details
Title
Foreign Investors and Domestic Company Growth: Evidence From US Venture Capital Investments in Sweden
Published Date
Jan 1, 2019
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