Karsai, J. (1998): Investor Attitude of Venture Capital Funds and Firms in Hungary, Acta Oeconomica, Vol. 49(3-4), pp

Size: px
Start display at page:

Download "Karsai, J. (1998): Investor Attitude of Venture Capital Funds and Firms in Hungary, Acta Oeconomica, Vol. 49(3-4), pp"

Transcription

1 MAIN / SELECTED PUBLICATIONS BOOKS, BOOK CHAPTERS Judit Karsai (2011): Development of the Hungarian venture capital and private equity industry over the past two decades. In: HVCA Jubilee 20 Yearbook, Hungarian Venture Capital and Private Equity Association, Budapest, 2011, pp Judit Karsai (2010): Private Equity in CEE. The Development of Venture capital and Private Equity Industry in Central and Eastern Europe. Saarbrücken, Germany, VDM Verlag, p. ISBN Karsai, Judit, Baranyai, Gabor (2005): The Development of Venture Capital and Private Equity Industry in Hungary Hungarian Venture Capital and Private Equity Association, Budapest, November 2005, 47 p. Karsai, J. - Wright, M. - Dudzinski, Z. - Morovic, J. (1999): Venture Capital in Transition Economies: The Cases of Hungary, Poland and Slovakia, In: Management Buy-outs and Venture Capital Into the Next Millenium, Wright, M. - Robbie, K. (eds.), Edward Elgar, Cheltenham, UK, pp Karsai, J. (1998), The Role of Venture Capital in Financing of Hungarian Small and Medium- Size Enterprises, In: The Hungarian SME sector development in comparative perspective, Ed. Csaba, László, CIPE/USAID, KOPINT-DATORG Foundation, pp Karsai, J. (1995): No Prescription for Healthy Firms? In: Restructuring and Privatisation in Central Eastern Europe, Estrin, S., Brada, J., Gelb, A., Singh, I., (eds.), M.E. Sharpe Inc. Armonk, New York, pp JOURNALS Karsai, Judit (2012): Development of the Hungarian Venture Capital Industry Over the Past Two Decades, Acta Oeconomica, Forthcoming. Karsai, Judit (2003): What Has the State Got to Do With the Venture Capital Market? Public Financing of Venture Capital in Hungary, Acta Oeconomica, Vol. 53 (3) pp (2003) Wright, M., Karsai, J., Dudzinski, Z., Morovic, J. (1999): Transition, Active Investors: Venture Capital in Hungary, Poland and Slovakia, Post-Communist Economies, Vol. 11(1), March, pp Karsai, J. (1998): Investor Attitude of Venture Capital Funds and Firms in Hungary, Acta Oeconomica, Vol. 49(3-4), pp Karsai, J., Wright, M., Dudzinski, Z., Morovic, J. (1998): Screening and Valuing Venture Capital Investments: Evidence from Hungary, Poland and Slovakia, Entrepreneurship and Regional Development, 10 (1998), pp

2 Karsai, J. - Wright, M. - Filatochev, I. (1997): Venture Capital in Emerging Markets: The Case of Hungary, Entrepreneurship: Theory and Practice, Vol. 21(4)., Summer, pp Filatochev, I. - Grosfeld, I. - Karsai, J. - Wright, M. - Buck, T. (1996): Buy-Outs in Hungary, Poland and Russia: Governance and Finance Issues, Economics of Transition, Vol. 4(1), pp Karsai, J. (1995): Open and Hidden Channels in Venture Capital Financing in Hungary, Acta Oeconomica, Vol. 47(3-4), pp Karsai, J. - Wright, M. (1994): Accountability, Governance and Finance in Hungarian Buyouts', Europe-Asia Studies, Vol. 46(6), pp Karsai, J. (1994): Its Code-Name is Financial Reorganisation, Acta Oeconomica, Vol. 46(1-2), pp Karsai, J. (1994): Management Buyouts in Hungary, Review of Industrial Economics, Special Issue, pp Karsai, J. (1993), 'Reorganization: Attempts to Manage Company Crisis', Focus Economic Review, Hungarian Foreign Trade Bank Ltd., ISSN , No.2. pp Karsai, J. (1992), 'Is There Plenty of Time? Internal Enterprise Cutbacks', Eastern European Economics, Winter , Vol. 30, No. 2, pp Karsai, J. (1992), '"Creditor" Managers. Experiences from MBO Deals in Hungary and Abroad', Eastern European Economics, Vol. 30. No. 4, pp Karsai, J. (1985), 'Information - Decision - Innovation', Review of Industrial Economics, Special Issue in English, pp DISCUSSION PAPERS Judit Karsai (2012): Development of the Hungarian venture capital and private equity industry over the past two decades. MT-DP-2012/1, Institute of Economics, Research Centre for Economic and Regional Studies, HAS, 2012, 37 p. Judit Karsai (2010): Private Pension Funds Attitudes to Private Equity in Hungary. Hungaraian Venture Capital and Private Equity Association, Budapest, 2010, 14 p. Judit Karsai (2009): "The End of the Golden Age" The Developments of the Venture Capital and Private Equity Industry in Central and Eastern Europe. MT-DP-2009/1. Institute of Economics, Hungarian Academy of Sciences, Budapest, 56 p. Hirs, Henk (2008): JEREMIE will boost innovation. Judit Karsai on development in the venture capital market. Business Hungary, Vol. XIX. No. 1., February, pp Judit Karsai (2004): Can the state replace private capital investors? Public financing of venture capital in Hungary. MT-DP 2004/9. MTA KTI, June p.

3 Kaitila, Ville - Nikula, Nuutti - Karsai, Judit (2006): Finnish Firms Operating in the Czech, Slovak, Hungarian and Slovenian Markets. Keskusteluaiheita, Discussion Papers, No ETLA, The Research Institute of the Finnish Economy, Helsinki, 2006, 90 p. Judit Karsai (2004): Can the State Replace Private Capital Investors? Public Financing of Venture Capital in Hungary. MT-DP 2004/9. Institute of Economics, Hungarian Academy of Sciences, Budapest, June 2004, 22 p. Judit Karsai (1998): The Appearance of Venture Capital in the Hungarian Market and its Participation in Innovative Process, (Ed.) Molnár, Mihály, Hungarian Foundation for Enterprise Promotion, HFEP Research Booklet No. 9, 1998, 27 p. Boda, D., Karsai, J., Neumann, L., Woodward, R. (1996): Management - Employee Buyouts in Hungary and Poland, Studies and Analyses 69, Center for Social Economic Research, Warsaw, March, 40 p. INVITED LECTURES Karsai, Judit (2006): Development of the Hungarian Venture Capital and Private Equity Market 2006 January - October. Paper presented at the 9th Annual Hungarian Venture Capital and Private Equity Conference, November 22, 2006, Budapest, Hungary. Karsai, J., Baranyai, G. (2004): The Changing Face of the Hungarian Venture Capital and Private Equity Industry. 15 Year Analysis. Paper presented at the 7th Annual Hungarian Venture Capital and Private Equity Conference, November 18, 2004, Budapest Hungary.. Karsai, Judit (2003): Can Bureaucrats Substitute for Private Investors? Venture Capital and Financing of Hungarian Innovative Firms, Paper prepared for the Institutions and Change, 7th Annual Conference of the International Society for New Institutional Economics (ISNIE), September 11-13, 2003, Budapest, Hungary. Karsai, Judit (2003): The Venture Capital and Private Equity Market in Hungary with a Special Focus on EU Accession, Paper prepared for the From Here and From There: New and Old Members' Perception on EU Enlargement, Dutch-Hungarian Workshop on EU Enlargement, September 25-26, 2003, Groningen, The Netherlands. Judit Karsai (2002): Closing the Equity Gap. The Funding of Venture Capital in Hungary: Issues for Public Policy. Paper presented at the international conference on Evolution of Institutions and the Knowledge Economy, Hungarian Society for New Institutional Economists (HUSNIE), Faculty of Economics and Business Administration of the University of Debrecen, October 4-5, 2002, Debrecen, 24 p. Judit Karsai (2000): The impact of globalisation on the venture capital industry in transition economies: the case of Hungary, Paper presented at the Globalisation and European Integration", 6 th EACES Conference, Barcelona, September 7-9, 2000, 34 p. Karsai, J., Wright, M., Filatotchev, I. (1996): Venture Capital in Transition Economies: The Case of Hungary, Paper presented at the Private Equity into the Next Millenium, CMBOR Nottingham University, Nottingham, UK Sept

4 MEDIA PRESENCE Judit Karsai (2011): Role of venture capital and private equity in economic stimulation and job creation. In: Kerekes, György (Ed.): Hungarian Financial Almanac , XXI., TAS-11 Kft., Budapest, pp Judit Karsai (2010): Results of the Venture Capital and Private Equity Sector in In: (Ed.) Kerekes, Gy.: Hungarian financial and stock exchange almanach , Budapest, TAS-11 Kft., 2010, pp Judit Karsai (2010): Year 2009 Results of the Venture Capital and Private Equity Industry. Yearbook 2010, Hungarian Venture Capital and Private Equity Association, Budapest, 2010, pp Judit Karsai (2009): The results of the Hungarian venture capital and private equity industry in In: (Ed.) Kerekes, Gy.: Hungarian financial and stock exchange almanach , Budapest, TAS-11 Kft., 2009, pp Judit Karsai (2009): The Development of the Hungarian Venture Capital and Private Equity Industry in Yearbook 2009, Hungarian Venture Capital and Private Equity Association, Budapest, pp Judit Karsai (2008): Results of the venture capital and private equity industry in In: (Ed.) Kerekes, Gy.: Hungarian financial and stock exchange almanach , Budapest, TAS-11 Kft., 2008, pp Judit Karsai (2008): Developments in the Hungarian venture capital and private equity industry in In: 2008 Yearbook, Hungarian Venture Capital and Private Equity Association, Budapest, 2008, pp Judit Karsai (2006): The development of the Hungarian venture capital and private equity industry in Yearbook of the Hungarian Venture Capital and Private Equity Association, Budapest, 2006, p Judit Karsai (2006): The development of venture capital and private equity industry in Central and Eastern Europe. Newsletter of the Hungarian Venture Capital and Private Equity Association, Autumn-Winter, pp. I-III. Karsai, J. - Baranyai, G. (2005): The Development of Venture Capital and Private Equity Industry in Hungary, Hungarian Venture Capital and Private Equity Association, Budapest, November 2005, 47 p. Judit Karsai (2005): The venture capital and private industry in Hungary in Yearbook of the Hungarian Venture Capital and Private Equity Association, Budapest, pp Judit Karsai (2005): The Position of the Hungarian Venture Capital and Private Equity Market in Newsletter of the Hungarian Venture Capital and Private Equity Association, 2005 Spring/Summer, pp. 3-4.

5 Judit Karsai (2001): The Impact of Buyouts on the European Economy, Newsletter of the Hungarian Venture and Private Equity Association, 2001 Winter, pp Judit Karsai (2000): The Impact of Venture Capital Investments on the Hungarian Economy. Newsletter of the Hungarian Venture and Private Equity Association, 2000 Winter, pp. 1-4.

VENTURE CAPITAL IN NANOTECHNOLOGY. CENTRAL AND EASTERN EUROPEAN PERSPECTIVE. Przemyslaw POMYKALSKI

VENTURE CAPITAL IN NANOTECHNOLOGY. CENTRAL AND EASTERN EUROPEAN PERSPECTIVE. Przemyslaw POMYKALSKI VENTURE CAPITAL IN NANOTECHNOLOGY. CENTRAL AND EASTERN EUROPEAN PERSPECTIVE Przemyslaw POMYKALSKI Lodz University of Technology, Piotrkowska 266, 90-924 Lodz, Poland, EU, ppomykalski@gmail.com Abstract

More information

Doing legal business in the Visegrád Group states

Doing legal business in the Visegrád Group states Doing legal business in the Visegrád Group states Tuesday 5 September 2017 14:30-15:00 Registration and refreshments Programme 15:00 15:05 Welcome and introductions Mickael Laurans, head of international,

More information

24 May, Pan-European Private Equity and Venture Capital Activity

24 May, Pan-European Private Equity and Venture Capital Activity 24 May, 211 21 Pan-European Private Equity and Venture Capital Activity 1 About the European Private Equity & Venture Capital Association EVCA is the voice of European private equity and venture capital.

More information

OECD-INADEM Workshop on

OECD-INADEM Workshop on OECD-INADEM Workshop on BUILDING BUSINESS LINKAGES THAT BOOST SME PRODUCTIVITY OUTLINE AGENDA 20-21 February 2018 Mexico City 2 About the OECD The Organisation for Economic Co-operation and Development

More information

FINANCIAL REFORM IN CENTRAL AND EASTERN EUROPE

FINANCIAL REFORM IN CENTRAL AND EASTERN EUROPE FINANCIAL REFORM IN CENTRAL AND EASTERN EUROPE Also by Stephany Griffith-Jones THE CRISES OF DEBT AND DEVELOPMENT LOAN GUARANTEES FOR LARGE INFRASTRUCTURE PROJECTS MANAGING WORLD DEBT INTERNATIONAL FINANCE

More information

FINLAND. The use of different types of policy instruments; and/or Attention or support given to particular S&T policy areas.

FINLAND. The use of different types of policy instruments; and/or Attention or support given to particular S&T policy areas. FINLAND 1. General policy framework Countries are requested to provide material that broadly describes policies related to science, technology and innovation. This includes key policy documents, such as

More information

Enabling investment: general factors

Enabling investment: general factors 6: Investment in the ICT sector Financing and investments in the ICT sector - global and regional challenges and opportunities Ibrahim Akoum Andrea Renda Expert Group Meeting on Investment, Research, Development

More information

BASICS OF RAISING CAPITAL OCTOBER 11, 2012

BASICS OF RAISING CAPITAL OCTOBER 11, 2012 BASICS OF RAISING CAPITAL OCTOBER 11, 2012 Agenda Private Equity Industry Benefits of Private Equity What Private Equity Investors Look For Clairvest Group Inc. 2 Private Equity Overview Fundraising Investment

More information

Evaluating Innovation Activities in Small and Medium Enterprises in Slovakia

Evaluating Innovation Activities in Small and Medium Enterprises in Slovakia Evaluating Innovation Activities in Small and Medium Enterprises in Slovakia Ľubica Lesáková Matej Bel University, Faculty of Economics 975 90 Banská Bystrica, Tajovskeho St. 10 Slovak Republik E-maul:

More information

Marián Gál. VENTURE CAPITAL AS FINANCIAL SOURCE FOR SMEs IN TRANSITIVE ECONOMY OF SLOVAKIA AND HUNGARY. PhD. thesis of defence

Marián Gál. VENTURE CAPITAL AS FINANCIAL SOURCE FOR SMEs IN TRANSITIVE ECONOMY OF SLOVAKIA AND HUNGARY. PhD. thesis of defence UNIVERSITY OF MISKOLC FACULTY OF ECONOMICS Doctoral school Enterprise Theory and Practice Marián Gál VENTURE CAPITAL AS FINANCIAL SOURCE FOR SMEs IN TRANSITIVE ECONOMY OF SLOVAKIA AND HUNGARY PhD. thesis

More information

ACCESS TO FINANCING FOR SMEs Problems and Challenges. Prof. dr Dejan Erić Belgrade Banking Academy Member of the ERENET Network 2005.

ACCESS TO FINANCING FOR SMEs Problems and Challenges. Prof. dr Dejan Erić Belgrade Banking Academy Member of the ERENET Network 2005. ACCESS TO FINANCING FOR SMEs Problems and Challenges Prof. dr Dejan Erić Belgrade Banking Academy Member of the ERENET Network 2005. WHY SMEs? SMEs very heterogeneous group, which include a wide variation

More information

OECD/ADBI 7th Round Table on Capital Market Reform in Asia October 2005 ADB Institute, Tokyo, Japan

OECD/ADBI 7th Round Table on Capital Market Reform in Asia October 2005 ADB Institute, Tokyo, Japan OECD/ADBI 7th Round Table on Capital Market Reform in Asia 27-28 October 2005 ADB Institute, Tokyo, Japan SESSION 4: DEVELOPMENTS IN VENTURE CAPITAL AND PRIVATE EQUITY SINCE THE END OF TECH BUBBLE Mr.

More information

VTT TECHNOLOGY STUDIES. KNOWLEDGE SOCIETY BAROMETER Mika Naumanen Technology Studies VTT Technical Research Centre of Finland

VTT TECHNOLOGY STUDIES. KNOWLEDGE SOCIETY BAROMETER Mika Naumanen Technology Studies VTT Technical Research Centre of Finland KNOWLEDGE SOCIETY BAROMETER Mika Naumanen Technology Studies VTT Technical Research Centre of Finland Knowledge society barometer Economic survey -type of tool to assess a nation s inclination towards

More information

GLOBAL PRIVATE EQUITY Report Charts

GLOBAL PRIVATE EQUITY Report Charts GLOBAL PRIVATE EQUITY 2003 Report Charts THE WORLD VIEW Investment & Fund Raising Trends THE WORLD VIEW 2002 Main Headlines At least $102 billion of private equity and venture capital was invested globally

More information

Building an enterprise-centred innovation system

Building an enterprise-centred innovation system Building an enterprise-centred innovation system Ken Warwick Chair, OECD CIIE Deputy Chief Economic Adviser UK Department for Business, Enterprise and Regulatory Reform Themes Enterprise and innovation

More information

2014 European Private Equity Activity

2014 European Private Equity Activity 21 European Private Equity Activity Statistics on, & 21 at a glance In 21 total fundraising reached.6bn the second highest level for Europe in the past five years. The total amount decreased by 1% compared

More information

Innovation in Europe: Where s it going? How does it happen? Stephen Roper Aston Business School, Birmingham, UK

Innovation in Europe: Where s it going? How does it happen? Stephen Roper Aston Business School, Birmingham, UK Innovation in Europe: Where s it going? How does it happen? Stephen Roper Aston Business School, Birmingham, UK Email: s.roper@aston.ac.uk Overview Innovation in Europe: Where is it going? The challenge

More information

Central and Eastern Europe Statistics 2005

Central and Eastern Europe Statistics 2005 Central and Eastern Europe Statistics 2005 An EVCA Special Paper November 2006 Edited by the EVCA Central and Eastern Europe Task Force About EVCA The European Private Equity and Venture Capital Association

More information

EVCA Strategic Priorities

EVCA Strategic Priorities EVCA Strategic Priorities EVCA Strategic Priorities The following document identifies the strategic priorities for the European Private Equity and Venture Capital Association (EVCA) over the next three

More information

5.0% 0.0% -5.0% -10.0% -15.0% 10.0% 5.0% 0.0% -5.0% -10.0% -15.0% 10.0% 5.0% 0.0% -5.0% -10.0% 16.00% 13.00% 10.00% 7.00% 4.

5.0% 0.0% -5.0% -10.0% -15.0% 10.0% 5.0% 0.0% -5.0% -10.0% -15.0% 10.0% 5.0% 0.0% -5.0% -10.0% 16.00% 13.00% 10.00% 7.00% 4. MARKETBEAT The DNA of Real Estate EUROPE A Cushman & Wakefield Research Publication Q4 2014 ICE RENTAL (YEAR-ON-YEAR) Q4 2012 Q4 2013 Q4 2014 All Countries 0.2% 0.7% 0.2% Western Europe -0.5% 0.7% 1.8%

More information

Results in the JEREMIE implementation from a national development bank perspective

Results in the JEREMIE implementation from a national development bank perspective 3rd Annual JEREMIE & JESSICA Conference Warsaw, 28 October 2011 Results in the JEREMIE implementation from a national development bank perspective CSABA HARSÁNYI Brussels Representative Ministry for National

More information

VENTURE CAPITAL 101 demo.locutorescertificados.com VENTURE CAPITAL 101. page 1 / 5

VENTURE CAPITAL 101 demo.locutorescertificados.com VENTURE CAPITAL 101. page 1 / 5 page 1 / 5 page 2 / 5 venture capital 101 pdf Venture capital (VC) is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed

More information

Development of innovation - experiences in Poland

Development of innovation - experiences in Poland Justyna Patalas-Maliszewska Development of innovation - experiences in Poland Summary: Nowadays, the notion of innovation is treated flexibly depending on the field in which it is used. The bases of being

More information

EIF Equity Products. Finland 5 February 2015

EIF Equity Products. Finland 5 February 2015 EIF Equity Products Finland 5 February 2015 1 EIF at a Glance We provide risk financing to stimulate entrepreneurship and innovation in Europe, supporting over 1.5 Million SMEs over 20 years EU specialised

More information

Growing Through Networks The Role of Global Corporations and Executives in the Economic Development of the Post Communist CEE region IBS

Growing Through Networks The Role of Global Corporations and Executives in the Economic Development of the Post Communist CEE region IBS Growing Through Networks The Role of Global Corporations and Executives in the Economic Development of the Post Communist CEE region IBS Budapest May 7, 2018 Eszter Szabó @eszterforcee #CEEforInnovationHub

More information

Commission on science and Technology for Development. Ninth Session Geneva, May2006

Commission on science and Technology for Development. Ninth Session Geneva, May2006 Commission on science and Technology for Development Ninth Session Geneva, 15-19 May2006 Policies and Strategies of the Slovak Republic in Science, Technology and Innovation by Mr. Stefan Moravek Head

More information

VENTURE CAPITAL FUNDS IMPACT ON ECONOMIC DEVELOPMENT

VENTURE CAPITAL FUNDS IMPACT ON ECONOMIC DEVELOPMENT ј 2016 ч 7 ј 1 Journal of Economics Management and Informatics Year 2016 Volume 7 Number 1 pp 61-73 61-73 / Professional paper /UDC: 330142211:005334 005412:3347 DOI: 105937/bizinfo1601061J VENTURE CAPITAL

More information

Financing SMEs and Entrepreneurs 2012

Financing SMEs and Entrepreneurs 2012 Financing SMEs and Entrepreneurs 2012 AN OECD SCOREBOARD OECD Table of Contents Acronyms and abbreviations 13 Chapter 1. Financing SMEs and Entrepreneurs: Understanding and Developing an OECD Scoreboard

More information

EU S&T Tour Information Seminar HUNGARY. SZILÁGYI Balázs Consul General

EU S&T Tour Information Seminar HUNGARY. SZILÁGYI Balázs Consul General EU S&T Tour Information Seminar HUNGARY SZILÁGYI Balázs Consul General Hungary Population: 10 million Capital: 1,7 million EU member country: since 2004. Political system: parliamentary democracy Education

More information

OECD Science, Technology and Industry Outlook 2008: Highlights

OECD Science, Technology and Industry Outlook 2008: Highlights OECD Science, Technology and Industry Outlook 2008: Highlights Global dynamics in science, technology and innovation Investment in science, technology and innovation has benefited from strong economic

More information

BUSINESS CLUSTERS: PROMOTING ENTERPRISE IN CENTRAL AND EASTERN EUROPE EXECUTIVE SUMMARY

BUSINESS CLUSTERS: PROMOTING ENTERPRISE IN CENTRAL AND EASTERN EUROPE EXECUTIVE SUMMARY BUSINESS CLUSTERS: PROMOTING ENTERPRISE IN CENTRAL AND EASTERN EUROPE EXECUTIVE SUMMARY Clusters local concentrations of horizontally or vertically linked firms that specialise in related lines of business

More information

The Relationship between Entrepreneurship, Innovation and Sustainable Development. Research on European Union Countries.

The Relationship between Entrepreneurship, Innovation and Sustainable Development. Research on European Union Countries. Available online at www.sciencedirect.com Procedia Economics and Finance 3 ( 2012 ) 1030 1035 Emerging Markets Queries in Finance and Business The Relationship between Entrepreneurship, Innovation and

More information

The globalisation of innovation: knowledge creation and why it matters for development

The globalisation of innovation: knowledge creation and why it matters for development The globalisation of innovation: knowledge creation and why it matters for development Rajneesh Narula Professor of International Business Regulation Innovation and technology innovation: changes in the

More information

Poland: Competitiveness Report 2015 Innovation and Poland s Performance in

Poland: Competitiveness Report 2015 Innovation and Poland s Performance in Poland: Competitiveness Report 2015 Innovation and Poland s Performance in 2007-2014 Marzenna Anna Weresa The World Economy Research Institute Collegium of the World Economy Key research questions How

More information

T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T AND PRIVATE EQUITY ENERGIZE GROWTH

T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T T AND PRIVATE EQUITY ENERGIZE GROWTH 12 INVESMEN FUNDS VENURE CAPIAL AND PRIVAE EQUIY ENERGIZE GROWH Kalinka Iaquinto, Rio de Janeiro It all began in 2003, when Gustavo Caetano, a student of marketing, realized that the market for mobile

More information

Venture capital - An introduction into the nature of venture capital

Venture capital - An introduction into the nature of venture capital 08-4-2000 Venture capital - An introduction into the nature of venture capital Boris Brosowski South Africa Table of contents: 1. INTRODUCTION... 3 2. THE NATURE OF VENTURE CAPITAL... 3 2.1. WHAT IS VENTURE

More information

COSME Financial Perspectives European programmes and funds to foster growth Madrid 30 October/Seville 31 October 2013

COSME Financial Perspectives European programmes and funds to foster growth Madrid 30 October/Seville 31 October 2013 COSME 2014-2020 2014-2020 Financial Perspectives European programmes and funds to foster growth Madrid 30 October/Seville 31 October 2013 Vilmos Budavari European Commission DG Enterprise and Industry,

More information

The Miskolc University Library giving help in the economic restructuring in Northeastern Hungary

The Miskolc University Library giving help in the economic restructuring in Northeastern Hungary Purdue University Purdue e-pubs Proceedings of the IATUL Conferences 1993 IATUL Proceedings The Miskolc University Library giving help in the economic restructuring in Northeastern Hungary Jozsef Zsidai

More information

From Phileas Fogg to Yuri Gagarin:...

From Phileas Fogg to Yuri Gagarin:... From Phileas Fogg to Yuri Gagarin:... Prologue: Has the world grown smaller? Certainly, returned Ralph. I agree with Mr. Fogg. The world has grown smaller, since a man can now go round it ten times more

More information

edigiregion conference Boosting World-Class Innovation Regions through Digitally-Enabled Ecosystems across Europe

edigiregion conference Boosting World-Class Innovation Regions through Digitally-Enabled Ecosystems across Europe edigiregion conference Boosting World-Class Innovation Regions through Digitally-Enabled Ecosystems across Europe 19 May 2015 Venue: Akvárium (Erzsébet tér 12., Budapest V., Hungary) The Internet of Things

More information

Foresight programmes in Europe: links to policymaking

Foresight programmes in Europe: links to policymaking Foresight programmes in Europe: links to policymaking processes Attila Havas Institute of Economics Hungarian Academy of Sciences The 3rd International Conference on Foresight, NISTEP Tokyo, 19-20 November,

More information

INVESTING IN WOMEN ENTREPRENEURS IFC S GENDER PROGRAMS Gender Balance In Economic Decision-making. Vilnius, 2 July 2015

INVESTING IN WOMEN ENTREPRENEURS IFC S GENDER PROGRAMS Gender Balance In Economic Decision-making. Vilnius, 2 July 2015 INVESTING IN WOMEN ENTREPRENEURS IFC S GENDER PROGRAMS Gender Balance In Economic Decision-making Vilnius, 2 July 2015 WBG addresses key challenges to women in Eastern Europe FOCUS AREAS: EMPLOYMENT ENTREPENEURSHIP

More information

EU businesses go digital: Opportunities, outcomes and uptake

EU businesses go digital: Opportunities, outcomes and uptake Digital Transformation Scoreboard 2018 EU businesses go digital: Opportunities, outcomes and uptake February 2018 Internal Market, Industry, Entrepreneurship and SMEs Executive summary Conditions and outcomes

More information

IVC-MEITAR HIGH-TECH EXITS H1/ 2015 REPORT. IVC-Meitar 2014 Exits Report Prepared by IVC Research Center Ltd.

IVC-MEITAR HIGH-TECH EXITS H1/ 2015 REPORT. IVC-Meitar 2014 Exits Report Prepared by IVC Research Center Ltd. IVC-MEITAR HIGH-TECH EXITS H1/ 215 REPORT IVC-Meitar 214 Exits Report Prepared by IVC Research Center Ltd. Israeli High-Tech Exit Highlights Exit proceeds in H1/215 reached ¾ of total exits for 214 Average

More information

Forum Science & Business FCRi - EY Foundation

Forum Science & Business FCRi - EY Foundation Forum Science & Business FCRi - EY Foundation How European Policy could help the Entrepreneurial and Venture Capital Ecosystems 16 th April 2015 Anne Glover Chief Executive, Amadeus Capital & EVCA Chairman

More information

Transition in Central-European RTDI systems

Transition in Central-European RTDI systems Transition in Central-European RTDI systems Borsi, Balázs research manager, GKI Economic Research Co. Papanek, Gábor professor, Eszterházy K. College, executive director, GKI Co. Paper for the EACES workshop

More information

Private Equity to us does not solely consist of preparing tailor-made acquisition, financing and exit structures, as well as developing and negotiatin

Private Equity to us does not solely consist of preparing tailor-made acquisition, financing and exit structures, as well as developing and negotiatin Private Equity to us does not solely consist of preparing tailor-made acquisition, financing and exit structures, as well as developing and negotiating, e.g., joint venture, purchase and participation

More information

KTO co-operation with venture capitalists how to design effectively?

KTO co-operation with venture capitalists how to design effectively? Knowledge Transfer Stakeholder Forum IU21KT Study Brussels, 13 February 2014 KTO co-operation with venture capitalists how to design effectively? James Burnham Venture capital consultant A study on behalf

More information

KIC EIT Raw Materials

KIC EIT Raw Materials KIC EIT Raw Materials Text Text Dr. Lisa Maria T. O Donoghue Dublin 18.10.17 Picture source http://www.falconautoonline.com/incoming-material/ What is a EIT-KIC KIC (acronym of Knowledge Innovation Community)

More information

The German Private Equity Market 2017 and Outlook for Bundesverband Deutscher Kapitalbeteiligungsgesellschaften e.v. (BVK)

The German Private Equity Market 2017 and Outlook for Bundesverband Deutscher Kapitalbeteiligungsgesellschaften e.v. (BVK) The German Private Equity Market 2017 and Outlook for 2018 Bundesverband Deutscher Kapitalbeteiligungsgesellschaften e.v. (BVK) Agenda 1. Most Important Facts 2. Market Figures in Detail 3. Outlook 4.

More information

Global Perspectives on Enterprise Systems

Global Perspectives on Enterprise Systems on Enterprise Systems George D. Smith Spring 2009 Mondays and Wednesdays Preliminary Syllabus Course Description and Requirements This course compares the development of rich and emerging market societies

More information

Overview of the potential implications of Brexit for EU27 Industry and Space Policy

Overview of the potential implications of Brexit for EU27 Industry and Space Policy Overview of the potential implications of Brexit for EU27 Industry and Space Policy Reinhilde Veugelers Senior Fellow at Bruegel Professor at KU Leuven Workshop at the European Parliament on Brexit and

More information

Amsterdam. allenovery.com

Amsterdam. allenovery.com Amsterdam 2 Allen & Overy Amsterdam Companies today have to be able to respond to global trends while still building on strong, local foundations. As a truly global firm, with strong attachment to our

More information

Understanding the aspirations of entrepreneurs and venture capitalists: their effects on international operations and growth

Understanding the aspirations of entrepreneurs and venture capitalists: their effects on international operations and growth Understanding the aspirations of entrepreneurs and venture capitalists: their effects on international operations and growth Isabelle D.A., Westerlund M., Rajala R. and Leminen S. (Forthcoming). Understanding

More information

Pre commercial procurement for egovernment and other online services EU project PROGR EAST

Pre commercial procurement for egovernment and other online services EU project PROGR EAST Innovative PROcurement techniques to support the GRowth of ISSS/LORIS/V4DIS Conference Hradec Králov lové,, Czech Republic (Apríl l 4-5, 4 2011) Pre commercial procurement for egovernment and other online

More information

Corvinus Venture Capital Fund Managing Co.

Corvinus Venture Capital Fund Managing Co. Government Assisted Venture Capital Funds in Innovation Finance in Hungary Introduction of Corvinus Venture Capital Funds Gábor Herczeg CEO Main Topics Brief Introduction of Corvinus First Innovation Venture

More information

The Components of Networking for Business to Business Marketing: Empirical Evidence from the Financial Services Sector

The Components of Networking for Business to Business Marketing: Empirical Evidence from the Financial Services Sector The Components of Networking for Business to Business Marketing: Empirical Evidence from the Financial Services Sector Alexis McLean, Department of Marketing, University of Strathclyde, Stenhouse Building,

More information

The Danish-American Entrepreneurship Summit

The Danish-American Entrepreneurship Summit The Danish-American Entrepreneurship Summit Insights Into the US Venture Capital Markets How to Create A Winning Strategy? Clare Fairfield Do Innovation Development Systems Matter? In 2003, venture backed

More information

FUNDS DATABASE SCOPE INCLUSION CRITERIA DATA HIGHLIGHTS

FUNDS DATABASE SCOPE INCLUSION CRITERIA DATA HIGHLIGHTS INDUSTRY RE FUNDS 1969 to present Industry surveys, quarterly and annual fund reports 9,240+ venture capital and private equity funds Venture capital and buyout funds that have invested in companies Name

More information

Survey CZECH REPUBLIC A SPACE IN THE CROWD

Survey CZECH REPUBLIC A SPACE IN THE CROWD CZECH REPUBLIC A SPACE IN THE CROWD An over-lawyered market with a shrunken economy and a proliferation of boutiques has made competition even stiffer for incumbent practices. But leading players remain

More information

SESSION 4: Mr. Hanson Cheah, Managing Partner, AsiaTech Ventures Limited, Hong Kong

SESSION 4: Mr. Hanson Cheah, Managing Partner, AsiaTech Ventures Limited, Hong Kong OECD/ADBI 7 th Round Table on Capital Market Reform in Asia 27-28 October 2005, Tokyo SESSION 4: Mr. Hanson Cheah, Managing Partner, AsiaTech Ventures Limited, Hong Kong Venture Capital in Asia Before

More information

CRC Association Conference

CRC Association Conference CRC Association Conference Brisbane, 17 19 May 2011 Productivity and Growth: The Role and Features of an Effective Innovation Policy Jonathan Coppel Economic Counsellor to OECD Secretary General 1 Outline

More information

SECOND NEWSLETTER MARCH 2017 PARTNERS WWW.INTERREGEUROPE.EU/SYMBI Dear reader We would like to open this Second SYMBI Newsletter with the speech of the Eu Commissioner for the Environment, Maritime Affairs

More information

EU S&T Tour Information Seminar HUNGARY. SZENTMÁRTONI Lívia Consul for Culture and Education

EU S&T Tour Information Seminar HUNGARY. SZENTMÁRTONI Lívia Consul for Culture and Education EU S&T Tour Information Seminar HUNGARY SZENTMÁRTONI Lívia Consul for Culture and Education Hungary Population: 10 million Capital: 1,7 million EU member country: since 2004. Political system: parliamentary

More information

MILAN DECLARATION Joining Forces for Investment in the Future of Europe

MILAN DECLARATION Joining Forces for Investment in the Future of Europe MILAN DECLARATION Joining Forces for Investment in the Future of Europe We, the political leaders and representatives of the Vanguard Initiative for New Growth through Smart Specialisation, call upon the

More information

OCCASION DISCLAIMER FAIR USE POLICY CONTACT. Please contact for further information concerning UNIDO publications.

OCCASION DISCLAIMER FAIR USE POLICY CONTACT. Please contact for further information concerning UNIDO publications. OCCASION This publication has been made available to the public on the occasion of the 50 th anniversary of the United Nations Industrial Development Organisation. DISCLAIMER This document has been produced

More information

Israel Venture Capital Investments Report Q3 2017

Israel Venture Capital Investments Report Q3 2017 Israel Venture Capital Investments Report Q3 2017 NOVEMBER 2017 Summary of Israeli Venture Capital Raising Q3/2017 +14% from Q2/2017 Israeli high-tech capital raising summed up to $1.44B @ ALL RIGHTS RESERVED.

More information

Outcomes of the 2018 OECD Ministerial Conference on SMEs & the way forward

Outcomes of the 2018 OECD Ministerial Conference on SMEs & the way forward Outcomes of the 2018 OECD Ministerial Conference on SMEs & the way forward SME Envoys Network 23 March 2018 Copenhagen Miriam Koreen Deputy Director Centre for Entrepreneurship, SMEs, Regions and Cities

More information

Innovation, Intellectual Property and Economic Development

Innovation, Intellectual Property and Economic Development E CONFERENCE WIPO/INN/CIS/15/INF/1 PROV. ORIGINAL: ENGLISH DATE: OCTOBER 30, 2015 Innovation, Intellectual Property and Economic Development organized by the World Intellectual Property Organization (WIPO)

More information

EU, EIB Group and local Banks support over EUR 90 million of loans for Georgian SMEs

EU, EIB Group and local Banks support over EUR 90 million of loans for Georgian SMEs Tbilisi/Luxembourg 29/11/2017-13:59 PRESS RELEASES EU, EIB Group and local Banks support over EUR 90 million of loans for Georgian SMEs The European Investment Bank (EIB) and the European Investment Fund

More information

Innovation Systems and Restructuring in the Central Europe and Russia 1. Preface

Innovation Systems and Restructuring in the Central Europe and Russia 1. Preface Innovation Systems and Restructuring in the Central Europe and Russia 1 Preface This book results from a research study on the problems concerned with the adjustments in Russian and Central Europe societies

More information

ESban Financing Innovation in SMEs: the role of Business Angels 11 th December 2009, Madrid

ESban Financing Innovation in SMEs: the role of Business Angels 11 th December 2009, Madrid ESban Financing Innovation in SMEs: the role of Business Angels 11 th December 2009, Madrid Business Angel Networks as a Catalyst of Private Investment in Europe Brigitte Baumann CEO of Go Beyond & President

More information

South Eastern Europe Women Business Angels Network (SEEWBAN) Мрежа от жени бизнес ангели в Югоизточна Европа

South Eastern Europe Women Business Angels Network (SEEWBAN) Мрежа от жени бизнес ангели в Югоизточна Европа South Eastern Europe Women Business Angels Network (SEEWBAN) Мрежа от жени бизнес ангели в Югоизточна Европа This project has been funded with support from the EC Directorate General for Internal Market,

More information

Research Research Paper

Research Research Paper Employment contribution of Private Equity and Venture Capital in Europe Research Research Paper November 2005 Conducted by Prof. Dr. Dr. Ann-Kristin Achleitner / Dipl.-Kfm. Oliver Klöckner Center for Entrepreneurial

More information

Angel Investor Networks The Power of Groups

Angel Investor Networks The Power of Groups Angel Investor Networks The Power of Groups Realities of Angels, VC s & IPO s (2013 US Data) 70,730 70,730 angel deals ($24.8 billion) University of New Hampshire, Centre for Venture Research, Angel Market

More information

THE DIGITALISATION CHALLENGES IN LITHUANIAN ENGINEERING INDUSTRY. Darius Lasionis LINPRA Director November 30, 2018 Latvia

THE DIGITALISATION CHALLENGES IN LITHUANIAN ENGINEERING INDUSTRY. Darius Lasionis LINPRA Director November 30, 2018 Latvia THE DIGITALISATION CHALLENGES IN LITHUANIAN ENGINEERING INDUSTRY Darius Lasionis LINPRA Director November 30, 2018 Latvia THE ENGINEERING INDUSTRIES ASSOCIATION OF LITHUANIA (LINPRA) is an independent

More information

INVESTMENTS FROM OWN BALANCE SHEET

INVESTMENTS FROM OWN BALANCE SHEET INVESTMENTS FROM OWN BALANCE SHEET eq s own Fund of Funds eq PE X North eq PE IX US Vintage Year 2018 Vintage Year 2017 Total size of the Fund 175.0 MEUR Total size of the Fund 105.0 MUSD eq s commitment

More information

ENTREPRENEURS LEBANON

ENTREPRENEURS LEBANON ENTREPRENEURS LEBANON Challenges & Opportunities in Early Stage Financing Saad Andary MUBS April 23-2011 1 Resource Mismatch in Local Labor & Capital Markets Labor Supply does not cater for market skill

More information

Does exposure to university research matter to high-potential entrepreneurship?

Does exposure to university research matter to high-potential entrepreneurship? Does exposure to university research matter to high-potential entrepreneurship? AIMILIA PROTOGEROU, YANNIS CALOGHIROU, NICHOLAS S. VONORTAS LABORATORY OF INDUSTRIAL AND ENERGY ECONOMICS, NATIONAL TECHNICAL

More information

European Private Equity Buyout Review First Quarter Fabrizio Bensch REUTERS

European Private Equity Buyout Review First Quarter Fabrizio Bensch REUTERS European Private Equity Buyout Review First Quarter 2017 Fabrizio Bensch REUTERS Table of Contents Europe s PE Buyout Market in Q1 2017 3 Invested and # Companies Financed 4 Top PE Buyout Deals 6 Investment

More information

University of Michigan European BUSINESS. Conference. business. Business in Europe and America: The Paradigms of Today and a Look Ahead

University of Michigan European BUSINESS. Conference. business. Business in Europe and America: The Paradigms of Today and a Look Ahead University of Michigan European BUSINESS Conference business Business in Europe and America: The Paradigms of Today and a Look Ahead Hale Auditorium > Business School January 30 > 2004 Conference > Welcome

More information

CAPACITIES. 7FRDP Specific Programme ECTRI INPUT. 14 June REPORT ECTRI number

CAPACITIES. 7FRDP Specific Programme ECTRI INPUT. 14 June REPORT ECTRI number CAPACITIES 7FRDP Specific Programme ECTRI INPUT 14 June 2005 REPORT ECTRI number 2005-04 1 Table of contents I- Research infrastructures... 4 Support to existing research infrastructure... 5 Support to

More information

Keynote speakers 2017

Keynote speakers 2017 Keynote speakers 2017 William B. Gartner Professor of Entrepreneurship and the Art of Innovation, Copenhagen Business School, Denmark and California Lutheran University, United States Keynote: All entrepreneurship

More information

RESEARCH OF CONDITIONS OF SMALL AND MEDIUM-SIZED ENTREPRENEURSHIP DEVELOPMENT ON SILESIAN UNIVERSITY, SCHOOL OF BUSINESS ADMINISTRATION

RESEARCH OF CONDITIONS OF SMALL AND MEDIUM-SIZED ENTREPRENEURSHIP DEVELOPMENT ON SILESIAN UNIVERSITY, SCHOOL OF BUSINESS ADMINISTRATION RESEARCH OF CONDITIONS OF SMALL AND MEDIUM-SIZED ENTREPRENEURSHIP DEVELOPMENT ON SILESIAN UNIVERSITY, SCHOOL OF BUSINESS ADMINISTRATION JIŘÍ VANĚK Silesian University in Opava School of Business Administration

More information

Providing innovational activity of enterprises of the real sector of the economy

Providing innovational activity of enterprises of the real sector of the economy (Volume 8, Issue 2/2014), pp. 57 Providing innovational activity of enterprises of the real sector of the economy Tatyana Bezrukova 1 + 1 Voronezh State Academy of Forestry and Technologies, Russia Abstract.

More information

HONGBIN LI. Ph.D. Department of Economics, Stanford University, 2001 B.A. Department of Finance, China Agricultural University, 1993

HONGBIN LI. Ph.D. Department of Economics, Stanford University, 2001 B.A. Department of Finance, China Agricultural University, 1993 HONGBIN LI EDUCATION Ph.D. Department of Economics, Stanford University, 2001 B.A. Department of Finance, China Agricultural University, 1993 EMPLOYMENT 2007 Professor Department of Economics School of

More information

Moore Thompson: the corporate finance experts

Moore Thompson: the corporate finance experts Moore Thompson: the corporate finance experts www.moorethompson.co.uk Let s talk about corporate finance... To keep your business running efficiently and effectively, there are times when you will need

More information

Testimony to European Parliament

Testimony to European Parliament Testimony to European Parliament Mini Hearing on: Innovation Union Transforming Europe for a Post-Crisis World ITRE Committee Dr. Burton H. Lee PhD MBA Lecturer, European Entrepreneurship & Innovation,

More information

Helping People Worldwide Build their Financial Security

Helping People Worldwide Build their Financial Security Invesco Distinctive worldwide investment management capabilities Helping People Worldwide Build their Financial Security Helping People Worldwide Build their Financial Security CP-HK-e-Q209 The size and

More information

$ 100M INVESTMENT IN AVIATION INDUSTRY PANOS XENOKOSTAS PRESIDENT & CEO ONEX TECHNOLOGIES INC ONEX SA

$ 100M INVESTMENT IN AVIATION INDUSTRY PANOS XENOKOSTAS PRESIDENT & CEO ONEX TECHNOLOGIES INC ONEX SA $ 100M INVESTMENT IN AVIATION INDUSTRY PANOS XENOKOSTAS PRESIDENT & CEO ONEX TECHNOLOGIES INC ONEX SA ONEX SA successfully realizes complex, challenging projects in Greece as well as abroad, in the fields

More information

DOWNLOAD OR READ : WOMEN ENTREPRENEURS IN SMES REALISING THE BENEFITS OF GLOBALISATION AND THE KNOWLEDGE BASED ECONOMY PDF EBOOK EPUB MOBI

DOWNLOAD OR READ : WOMEN ENTREPRENEURS IN SMES REALISING THE BENEFITS OF GLOBALISATION AND THE KNOWLEDGE BASED ECONOMY PDF EBOOK EPUB MOBI DOWNLOAD OR READ : WOMEN ENTREPRENEURS IN SMES REALISING THE BENEFITS OF GLOBALISATION AND THE KNOWLEDGE BASED ECONOMY PDF EBOOK EPUB MOBI Page 1 Page 2 based economy women entrepreneurs in smes pdf based

More information

OECD s Innovation Strategy: Key Findings and Policy Messages

OECD s Innovation Strategy: Key Findings and Policy Messages OECD s Innovation Strategy: Key Findings and Policy Messages 2010 MIT Europe Conference, Brussels, 12 October Dirk Pilat, OECD dirk.pilat@oecd.org Outline 1. Why innovation matters today 2. Why policies

More information

Business Clusters and Innovativeness of the EU Economies

Business Clusters and Innovativeness of the EU Economies Business Clusters and Innovativeness of the EU Economies Szczepan Figiel, Professor Institute of Agricultural and Food Economics, National Research Institute, Warsaw, Poland Dominika Kuberska, PhD University

More information

demonstrator approach real market conditions would be useful to provide a unified partner search instrument for the CIP programme

demonstrator approach real market conditions  would be useful to provide a unified partner search instrument for the CIP programme Contribution by the Ministry of Industry and Trade of the Czech Republic to the public consultations on a successor programme to the Competitiveness and Innovation Framework Programme (CIP) 2007-2013 Given

More information

Creativity and Economic Development

Creativity and Economic Development Creativity and Economic Development A. Bobirca, A. Draghici Abstract The objective of this paper is to construct a creativity composite index designed to capture the growing role of creativity in driving

More information

Challenges and Expectations for Today s Innovation Support

Challenges and Expectations for Today s Innovation Support Challenges and Expectations for Today s Innovation Uwe Cantner Friedrich Schiller University Jena & University of Southern Denmark, Odense Berlin, June 10, 2015 TAFTIE 2015 Annual Conference Complex Innovation:

More information

EIF: Financing SMEs, creating & measuring meaningful impact

EIF: Financing SMEs, creating & measuring meaningful impact EIF: Financing SMEs, creating & measuring meaningful impact Helmut Kraemer-Eis, Head of Research & Market Analysis, Chief Economist European Investment Fund, EIF Rome Investment Forum 15th December 2017

More information

ASSESSMENT OF DYNAMICS OF THE INDEX OF THE OF THE INNOVATION AND ITS INFLUENCE ON GROSS DOMESTIC PRODUCT OF LATVIA

ASSESSMENT OF DYNAMICS OF THE INDEX OF THE OF THE INNOVATION AND ITS INFLUENCE ON GROSS DOMESTIC PRODUCT OF LATVIA УПРАВЛЕНИЕ И УСТОЙЧИВО РАЗВИТИЕ 2/2013 (39) MANAGEMENT AND SUSTAINABLE DEVELOPMENT 2/2013 (39) ASSESSMENT OF DYNAMICS OF THE INDEX OF THE OF THE INNOVATION AND ITS INFLUENCE ON GROSS DOMESTIC PRODUCT OF

More information

EU Support for SME Innovation: The SME Instrument

EU Support for SME Innovation: The SME Instrument Audit preview Information on an upcoming audit EU Support for SME Innovation: The SME Instrument April 2019 2 Traditionally, start-ups and small and medium-sized enterprises (SMEs) in the EU have faced

More information

Financing the Technology Innovation of SMEs in Korea. Hong Jae-Keun (Ph.D)

Financing the Technology Innovation of SMEs in Korea. Hong Jae-Keun (Ph.D) Financing the Technology Innovation of SMEs in Korea Hong Jae-Keun (Ph.D) CONTENTS Ⅰ. Why SME Technology Financing Matters? Ⅱ. How Korean SMEs Finance for R&D? Ⅲ. Sophisticated Technology Financing Infrastructure

More information