Venture Capital in Europe (Federal Trust Series) [Paperback]

Harry Cowie (Author)

Book Description

Publication Date: December 23, 2005 | ISBN-10: 0901573868 | ISBN-13: 978-0901573865

Europe s venture capital market is dwarfed by that of the USA, and Europe s employment performance continues to be disappointing. The two phenomena are closely connected. Small and medium sized businesses find it difficult both to get started and to grow into big companies. In a worst case scenario, European entrepreneurs are faced with skepticism and ignorance in the banking sector, an absence of stock options, unreasonable legal and bureaucratic obstacles, a high cost of labour, unhelpful government agencies and unsympathetic tax authorities. How in these circumstances is it possible to grow global companies in Europe? This Federal Trust Report investigates how this question might be answered. It sets forth the findings of an eminent and wide-ranging study group, which proceeded under the chairmanship of Sir Brian Corby. The report examines the extent of the current integration of Europe s capital markets and asks what measures are necessary to ensure a better provision of venture capital. The study: * Considers how the US has achieved its substantial concentration of capital and entrepreneurial activity during the last two decades; * Compares the fragmented stock markets and differentiated regulatory regimes of Europe with the coherent, Federal-level authorities of the USA; * Examines whether the comparative absence within the European Union of funded pensions that could provide exit opportunities for venture capitalists is a major weakness, and, if so, whether it can be rectified; * Examines the role of the EU institutions, and especially that of the European Investment Bank, which through the European Investment Fund (1994) and the European Technology Facility (1997) has enteredthe venture capital market.* Looks at the potential development of EASDAQ; * Examines the role of the media, universities and regional and local authorities in creating the right circumstances for the development of European venture capitalism. In reporting its findings, the study group proposes amendments EU legislation in the fields of pensions reform, financial services, accountancy, taxation and competition policy. The report also suggests how enhanced management expertise, and the establishment of specialist boutiques and innovatory banks could play a wider role in providing funds and in supporting enterprise.

Editorial Reviews

About the Author

Brian Corby is a professor of social work studies at the University of Central Lancashire, United Kingdom. He has published an extensive body of work on the subject of child abuse and child protection.

Product Details

• Paperback: 60 pages
• Publisher: The Federal Trust (December 23, 2005)
• Language: English
• ISBN-10: 0901573868
• ISBN-13: 978-0901573865
• Product Dimensions: 8.7 x 5.7 x 0.2 inches
• Shipping Weight: 3.5 ounces
• Average Customer Review: 1.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #6,833,070 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

4 of 4 people found the following review helpful:

1.0 out of 5 stars Written as a note to the europe commission, little interest, January 4, 2000

By A Customer

This review is from: Venture Capital in Europe (Federal Trust Series) (Paperback)

I expected a lot and got deceived. This "book" should rather be called an "overpriced note" directed to the European Commission. It's not so readable (catalog style), but at least, it summarises the main issues about V.C. in Europe, from an english point of view! (;-)

1.0 out of 5 stars Disappointed, February 9, 2001

By A Customer

This review is from: Venture Capital in Europe (Federal Trust Series) (Paperback)

The above comment is to the point. The book was a big disappointment.

1.0 out of 5 stars A big disappointment, February 9, 2001

By 

Plou "Plou" - See all my reviews

This review is from: Venture Capital in Europe (Federal Trust Series) (Paperback)

I totally agree with the preceding evaluation.