The paper deals with the analysis of causal effects of venture capital finance for new firm?s growth. The number of venture-backed firms is based on the identification of involvements of venture capitalists in…

Venture capital as a part of regional innovation system is assumed to play an important role for the commercialisation of innovative ideas and the development of high-technology industries in a region. This…

This paper attempts to assess the Europe-wide systemic risk in banking. We employ a bivariate GARCH model to estimate conditional correlations between European bank stock indices. These correlations are used as…