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PRODID:-//Memento EPFL//
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SUMMARY:Seminar by Prof. Samuele Murtinu\, Università Cattolica del Sacro
  Cuore
DTSTART:20160408T120000
DTEND:20160408T133000
DTSTAMP:20260427T215348Z
UID:9df5b98a031500301474a1fa06e4701c65152cee4fb1426352fb38c9
CATEGORIES:Conferences - Seminars
DESCRIPTION:Prof. Samuele Murtinu\, Università Cattolica del Sacro Cuore\
 n"Venture Capital Investments in Europe and Portfolio Firms' Economic Perf
 ormance: Independent versus Corporate Investors"Abstract\nUsing a new Euro
 pean Commission-sponsored longitudinal dataset – the VICO dataset – we
  assess the impact of independent (IVC) and corporate venture capital (CVC
 ) investments on the economic performance of European high-tech entreprene
 urial firms during the period 1992-2010. After controlling for potential s
 ources of endogeneity and selection bias\, our results indicate that both 
 IVC and CVC investments boost portfolio firms' economic performance. These
  effects are mostly due to an increase in real sales value. Moreover\, the
  dynamics of the impact of VC investments on firms’ overall economic per
 formance and its components – real sales value\, real fixed assets\, and
  real labor costs – differs depending on the type of investor. Finally\,
  we do not detect any impact related to the syndication of investments by 
 both IVC and CVC investors.
LOCATION:EPFL\, ODY 4.03\, VIP Room http://plan.epfl.ch/?zoom=19&recenter_
 y=5863800.12869&recenter_x=731560.22521&layerNodes=fonds\,batiments\,label
 s\,information\,parkings_publics\,arrets_metro\,transports_publics&floor=4
 &q=ODY_4.03
STATUS:CONFIRMED
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