Earticle

초록

영어

Venture Capital(VC) is the capital pursuing the high-risk and high-return. The traditional role of venture capital is to provide capital for VC-backed firms' growth. However, above this role, VC could help VC-backed firms as mentor that supporting consulting services such as strategy management and technology management In this paper, we conducted a study on impact assessment of venture capital investment. To implement this, we analyzed growth, innovation, and total factor productivity of VC-backed firms. To avoid selection bias problem, which occurs frequently in impact assessment, the Propensity Score Matching methodology was used. The result shows that venture capital investment has a positive effect on VC-backed firms' growth and innovative capability, but negative on total factor productivity. This result implicates that venture capital's function as mentor don't work properly.

목차

Ⅰ. 서론
 Ⅱ. 기존 문헌 검토
 Ⅲ. 연구 모형
 Ⅳ. 분석 결과
 Ⅴ. 요약 및 시사점
 참고문헌
 Abstract

키워드

저자

• 김영훈 [ Younghoon Kim | UCSD(University of California, San Diego) 방문연구원 ] 주저자
• 오승환 [ Seunghwan Oh | 서울대학교 기술경영경제정책대학원 박사과정 ] 교신저자
• 이민혁 [ Min-Hyuk Lee | 서울대학교 기술경영경제정책대학원 박사과정 ] 공동저자

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  생산성연구: 국제융합학술지 [Productivity Research: An International Interdisciplinary Journal]

• 간기

  격월간

• pISSN

  1225-3553

• 수록기간

  1987~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 325 DDC 330