TY - JOUR T1 - Patterns of VC Evolution JF - The Journal of Private Equity SP - 26 LP - 48 DO - 10.3905/jpe.1999.319939 VL - 3 IS - 1 AU - Noam Wasserman AU - Daniel Nye Y1 - 2000/02/28 UR - https://pm-research.com/content/3/1/26.abstract N2 - Global opportunities for private equity investments abound. However, the venture capital industry, while highly sophisticated in much of the West, is in its infancy or early adolescence elsewhere in the world. This article examines and compares the evolution and current status of venture capital in Israel and India. Findings show that both countries are rich in brainpower, but that differing levels of political support, physical infrastructure, cultural learning, and other factors have contributed to radically different outcomes in their growing VC markets. While Israel and India can learn lessons from each other's successes and failures, we in North American can also gain valuable insights into worldwide VC opportunities in these and similar countries. ER -