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Strategies for a discontinuous future.












Friday, September 10, 2004
 


A nice paper about the macro impact of VC - that it's social return is greater than that of either R&D or business, because it has a greater effect on innovative and absorptive capacity:

"...According to a study carried out by DRI-WEFA1 on US VC-funded companies over the period 1970- 2000, �venture capital-backed companies had approximately twice the sales, paid almost three times the federal taxes, generated almost twice the exports, and invested almost three times as much in R&D as the average non-venture capital-backed public company, per each $1,000 of assets�.

-- umair // 11:21 PM //


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