Article
Venture Capital and Economic Growth: An Industry Overview and Singapore's Experience
Research Collection School Of Economics
Publication Type
Working Paper
Version
publishedVersion
Publication Date
11-2002
Abstract
This paper provides an overview of the venture capital industry, and its development in Asia and Singapore. Venture capital plays an important role in innovation and economic growth. Indeed, the resurgence of the United States as a technology leader is intimately linked to the success of Silicon Valley. As Singapore enters the next phase of economic development, the creation of internal engines of growth is an urgent task. The Singapore government has done much to provide an environment for entrepreneurship to thrive. Its success at replicating the Silicon Valley culture will be important for Singapore’s future economic success.
Keywords
- venture capital,
- private equity,
- economic growth,
- Silicon Valley,
- Singapore
Discipline
Publisher
SMU Economics and Statistics Working Paper Series, No. 21-2002
City or Country
Singapore
Copyright Owner and License
Authors
Creative Commons License
Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International
Citation Information
Francis KOH and Winston T. H. KOH. "Venture Capital and Economic Growth: An Industry Overview and Singapore's Experience" Vol. 21-2002 (2002) p. 1 - 31 Available at: http://works.bepress.com/francis_koh/24/
Published in Singapore Economic Review. 47, (2), 243-267, https://doi.org/10.1142/S0217590802000535