Optimizing venture capital investments in a jump diffusion model
نویسندگان
چکیده
منابع مشابه
Optimizing venture capital investments in a jump diffusion model
We study a practical optimization problems for venture capital investments and/or Research and Development (R&D) investments. The first problem is that, given the amount of the initial investment and the reward function at the initial public offering (IPO) market, the venture capitalist wants to maximize overall discounted cash flows after subtracting subsequent (if needed) investments. We desc...
متن کاملStudy on the Transnational Venture Capital Investments: A Theoretical Framework
Starting from reviewing the transnational venture capital investment phenomena, this article points out the necessity to study the transnational venture capital investment, and establish a theoretical framework about the research of the transnational venture capital investment. The framework is composed by the entry system that both investors and attractors find the values of the venture capita...
متن کاملSyndication Networks and the Spatial Distribution of Venture Capital Investments
Sociological investigations of economic exchange pay particular attention to the manner in which institutions and social structures shape transactions among economic actors. Extending this line of inquiry, we explore how interfirm networks in the US venture capital (VC) market from 1986 to 1998 affect the spatial patterns of exchange. We present evidence suggesting that geographic and industry ...
متن کاملDriving Forces of Venture Capital Investments in Europe: a Dynamic Panel Data Analysis
Using dynamic panel estimations, this paper identifies driving forces of venture capital activity for Western European countries. Driving forces might be the liquidity of stock markets, human capital endowment, and labour market rigidities. I find that these factors do not affect expansion stage investments used as a broader definition of venture capital, while they positively affect early stag...
متن کاملVenture Capital in Asia
Venture capital is broadly acknowledged as being an important constituent of a mature habitat for high-technology entrepreneurship as practiced in Silicon Valley (Lee et al. 2000). Each chapter in this book has examined the significance of venture capital in the economies of the regions under discussion and its particular place in the regional habitats for innovation that have appeared. As with...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Mathematical Methods of Operations Research
سال: 2007
ISSN: 1432-2994,1432-5217
DOI: 10.1007/s00186-007-0181-x