Determinants of Venture Capital in Africa: Cross Section Evidence

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dc.contributor.authorAdongo, Jonathan
dc.date.accessioned2019-02-25T08:12:37Z
dc.date.available2019-02-25T08:12:37Z
dc.date.issued2011-08
dc.descriptionHG 5822 . A65 2011en_US
dc.description.abstractThis paper identifies the determinants of venture capital activity using a cross-sectional data set covering 36 African countries in a semi-logarithmic model. It finds that rule of law, R&D expenditure as a percentage of GDP and better information between investors and potential investees are positively and significantly related to venture capital activity in Africa. It also finds that capital gains tax rates are negatively and significantly related to venture capital activity on the continent.en_US
dc.description.sponsorshipAERCen_US
dc.identifier.isbn978-9966-023-09-4
dc.identifier.urihttps://publication.aercafricalibrary.org/123456789/201
dc.publisherAERCen_US
dc.relation.ispartofseries;RESEARCH PAPER 237
dc.subjectVenture Capital- Africaen_US
dc.subjectenterprise policyen_US
dc.subjectafricaen_US
dc.titleDeterminants of Venture Capital in Africa: Cross Section Evidenceen_US
dc.typeArticleen_US
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