Title:

How to strengthen the Polish venture capital market? An analysis of the solutions in selected countries

Group publication title:

Financial Sciences. Nauki o Finansach

Title in english:

Jak wzmocnić polski rynek venture capital? Analiza przyjętych rozwiązań w wybranych krajach

Creator:

Fałat-Kilijańska, Ilona

Subject and Keywords:

investments ; venture capital ; innovation ; entrepreneurship ; przedsiębiorczość ; inwestycje ; innowacje

Description:

Nauki o Finansach = Financial Sciences, 2015, Nr 4 (25), s. 9-23

Abstrakt:

The history of venture capital funds has shown that they are crucial for the promotion of innovation and competitiveness of the economy. By funding projects that are considered by others as too risky, they contribute to the increase in the number of modern enterprises as well as create jobs and constitute a significant participant in the capital market. This article aims to identify the factors having an impact on the condition of the Polish market of venture capital investments. An analysis of the system solutions adopted by the US and European leaders in the venture capital market indicates that of greatest importance are the legal regulations on the organisational forms of funds and their fiscal transparency as well as those on the system of tax reliefs and exemptions and pension funds’ participation possibilities. Such aspects as the corporate income tax rate and the capital gains tax rate proved to be of secondary importance for the operation of venture capital funds

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2015

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/nof.2015.4.01

Language:

eng

Relation:

Nauki o Finansach = Financial Sciences, 2015, Nr 4 (25)

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND 3.0 PL

Location:

Uniwersytet Ekonomiczny we Wrocławiu