PT  - JOURNAL ARTICLE
AU  - Noam Wasserman
AU  - Daniel Nye
TI  - Patterns of VC Evolution
AID  - 10.3905/jpe.1999.319939
DP  - 2000 Feb 28
TA  - The Journal of Private Equity
PG  - 26--48
VI  - 3
IP  - 1
4099  - https://pm-research.com/content/3/1/26.short
4100  - https://pm-research.com/content/3/1/26.full
AB  - 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.