Το έργο με τίτλο The venture capital investment process in Greece: some evaluation aspects από τον/τους δημιουργό/ούς Bakatsaki Maria, Kosmidou K., Papadopoulos Georgios, Zopounidis Konstantinos διατίθεται με την άδεια Creative Commons Αναφορά Δημιουργού 4.0 Διεθνές
Βιβλιογραφική Αναφορά
M. Bakatsaki-Manoudaki, K. Kosmidou, G. Papadopoulos and C. Zopounidis, "The Venture Capital Investment Process In Greece: Some Evaluation Aspects", in Ελληνική Βιομηχανία προς την Οικονομία της Γνώσης, 3-5 July 2006.
The term “Venture Capital” is quite new in Greece and in the beginning was referred only to theventures of new innovative firms. Recently it has been expanded to include a wide range of financing,which already covers the existing developed firms. The Venture Capital was firstly appeared in U.S.A.in the early of 40’s and later in Europe in the early of 70’s. The foundation of venture capital firms wasintroduced with the laws No 1775/88 & No 2166/93, but due to their insufficient results the law No2367/95 was instituted to reject the two previous in period of two years and to change the name of theventure capital firms.The purpose of this paper is to present the development of Venture Capital in Greece. The realizationof this development was succeeded via a) a questionnaire, which was sent to all the venture capitalfirms of Greece and b) interviews, which were held to the managers of the venture capital firms.Consequently, the objective of this paper deals with the results of this research, which are:- The development and the investment policy of the venture capital firms (geographical division ofthe invested amounts, sectorial division, type of venture capital (seed capital, start-up financing,etc )- The decision procedure, which is adopted by the venture capital firms (time-sharing of the venturecapital process, evaluation criteria).Finally, the paper deals with the conclusions derived from this market research and the developmentperspectives of the venture capital firms in Greece