Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JPE
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use

User menu

  • Sample our Content
  • Request a Demo
  • Log in

Search

  • Advanced search
The Journal of Private Equity
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Request a Demo
  • Log in
The Journal of Private Equity

The Journal of Private Equity

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JPE
    • Editorial Board
    • Published Ahead of Print (PAP)
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter
Primary Article

The Changing Face of the European Venture Capital Industry

Facts and Analysis

Laura Bottazzi, Marco Da Rin and Thomas Hellmann
The Journal of Private Equity Spring 2004, 7 (2) 26-53; DOI: https://doi.org/10.3905/jpe.2004.391048
Laura Bottazzi
An associate professor of economics at IGIER-Bocconi University and CEPR.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
Marco Da Rin
An assistant professor of economics and finance at Turin University, ECGI, and IGIER-Bocconi University.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
Thomas Hellmann
An assistant professor of strategic management at Stanford University.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Abstract

The Survey of European Venture Capital (SEVeCa) is the largest academic study to date on the European venture capital industry, providing information on more than 1,300 investment companies, 400 venture partners, and 150 venture funds. The European venture capital industry is found to be more integrated than previously believed: 27% of all venture firms have an office in a foreign country, and 24% of investments are cross-border. Significant links to the U.S. lead to increasing emulation of U.S. investment practices. However, distinctively European aspects, such as the prominence of bank and corporate investors, do remain. The study also debunks the belief that all European venture capitalists are conservative and “hands-off.” A majority of the deals are early stage, and involvement with portfolio companies is substantial. The experience and education of of venture partners (their “human capital”) is shown to play an important role in promoting an active investment style.

  • © 2004 Pageant Media Ltd

Don’t have access? Click here to request a demo

Alternatively, Call a member of the team to discuss membership options

US and Overseas: +1 646-931-9045

UK: 0207 139 1600

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Private Equity
Vol. 7, Issue 2
Spring 2004
  • Table of Contents
  • Index by author
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Private Equity.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
The Changing Face of the European Venture Capital Industry
(Your Name) has sent you a message from The Journal of Private Equity
(Your Name) thought you would like to see the The Journal of Private Equity web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
The Changing Face of the European Venture Capital Industry
Laura Bottazzi, Marco Da Rin, Thomas Hellmann
The Journal of Private Equity Feb 2004, 7 (2) 26-53; DOI: 10.3905/jpe.2004.391048

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
The Changing Face of the European Venture Capital Industry
Laura Bottazzi, Marco Da Rin, Thomas Hellmann
The Journal of Private Equity Feb 2004, 7 (2) 26-53; DOI: 10.3905/jpe.2004.391048
del.icio.us logo Digg logo Reddit logo Twitter logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
  • Info & Metrics
  • PDF

Similar Articles

Cited By...

  • How Managers Compensation, Strategy, and Institutional Environment Motivate Entrepreneurial Financing Choices: Some Evidence from Venture Capital Firms
  • The Practice of the Life Science Venture Capital Industry: Compensation, Deal Flow, and Contracts
  • An Explanatory Study of Private Equity and Venture Capital in an Emerging Economy: Evidence from Egypt
  • Google Scholar

More in this TOC Section

  • Initial Capital Constraints Hinder Entrepreneurial Venture Performance
  • Assessing the Efficacy and Standardization Potential of Five Competing Venture Capital Investment Evaluation Approaches
  • Knowing What to Do and Doing What You Know
Show more Primary Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2022 Pageant Media Ltd | All Rights Reserved | ISSN: 1096-5572 | E-ISSN: 2168-8508

  • Site Map
  • Terms & Conditions
  • Privacy Policy
  • Cookies