Publication Type

Journal Article

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

Business | Finance

Research Areas

Finance

Publication

Singapore Economic Review

Volume

47

Issue

2

First Page

243

Last Page

267

ISSN

0217-5908

Identifier

10.1142/S0217590802000535

Publisher

World Scientific

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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