This proposal aims at developing a comprehensive report on how the availability of risk capital for innovation contributes to the European innovative capacity and thus to Europe's economic growth. We will focus on two themes:
(1) the ability of the European financial systems to channel risk capital for innovation to entrepreneurial firms;
(2) the influence of risk capital on firms' ability to translate scientific and technological advances into successful product. We will provide an in-depth empirical and conceptual assessment of the working of the markets for risk capital in Europe which may provide an informed and well-grounded blueprint for the ongoing implementation of effective policies for the creation of innovative, high-growth entrepreneurial companies, and therefore to increase EU-wide innovative capacity.
Funding SchemeCSC - Cost-sharing contracts
10134 Torino (Turin)