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Jiayuan Wang
''Venture capital and economic growth in Japan''
( 2021, Vol. 41 No.2 )
This study analyzes the effects of venture capital on Japan's regional economy by using region-level panel data. Results of this study show that an increase in venture capital has positive effects on the establishment of start-up firms and employment. This study expands on prior macro-level research on the relationships between venture capital and economic growth. It reveals that on a regional level in Japan, venture capital still has a stimulating effect on economic growth.
Keywords: Venture capital, Entrepreneurship, Regional Economy, Employment
JEL: O1 - Economic Development: General
R1 - General Regional Economics (includes Regional Data)
Manuscript Received : Oct 01 2020 Manuscript Accepted : Apr 09 2021

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