메뉴 건너뛰기




Volumn 17, Issue 3, 2005, Pages 331-348

The evolution of the venture capital industry in transition economies: The case of Poland

Author keywords

[No Author keywords available]

Indexed keywords

CAPITAL MARKET; INVESTMENT; MARKET DEVELOPMENT; TRANSITIONAL ECONOMY;

EID: 24744455411     PISSN: 14631377     EISSN: None     Source Type: Journal    
DOI: 10.1080/14631370500204313     Document Type: Article
Times cited : (18)

References (72)
  • 1
    • 0033461508 scopus 로고    scopus 로고
    • 'Corporate Governance and Economic Performance in Poland'
    • Belka, Marek, Krajewska, Anna & Krajewski, Stefan, 'Corporate Governance and Economic Performance in Poland', Eastern European Economics, 37, 1, 1999, pp. 5-38.
    • (1999) Eastern European Economics , vol.37 , Issue.1 , pp. 5-38
    • Belka, M.1    Krajewska, A.2    Krajewski, S.3
  • 2
    • 24744456517 scopus 로고    scopus 로고
    • 'Pochwycony optimizm'
    • 9 December
    • Betlewski, Zbigniew, 'Pochwycony optimizm', Parkiet, 9 December 1997.
    • (1997) Parkiet
    • Betlewski, Z.1
  • 5
    • 0036012183 scopus 로고    scopus 로고
    • 'Completion of Systemic Transformation Processes in Post-Communist Countries as a Condition for Successful Development of Economic Cooperation'
    • Bienkowski, Wojciech, 'Completion of Systemic Transformation Processes in Post-Communist Countries as a Condition for Successful Development of Economic Cooperation', Eastern European Economics, 40, 3, 2002, pp. 51-69.
    • (2002) Eastern European Economics , vol.40 , Issue.3 , pp. 51-69
    • Bienkowski, W.1
  • 6
    • 85011141388 scopus 로고    scopus 로고
    • 'A Venture Capital Model for Transitioning Economies: The Case of Poland'
    • Bliss, Richard, 'A Venture Capital Model for Transitioning Economies: The Case of Poland', Venture Capital, 1, 3, 1999, pp. 241-257.
    • (1999) Venture Capital , vol.1 , Issue.3 , pp. 241-257
    • Bliss, R.1
  • 7
    • 24744454123 scopus 로고    scopus 로고
    • 'Poland's SME Development Policies'
    • 7 June
    • BOSS Economic News Agency, 'Poland's SME Development Policies', 7 June 1999.
    • (1999) BOSS Economic News Agency
  • 9
    • 0344629421 scopus 로고    scopus 로고
    • 'Using Repertory Grid to Identify Intangibles in Business Plans'
    • Diaz de Leon, Enrique & Guild, Paul D., 'Using Repertory Grid to Identify Intangibles in Business Plans', Venture Capital, 5, 2, 2003, pp. 135-160.
    • (2003) Venture Capital , vol.5 , Issue.2 , pp. 135-160
    • Diaz de Leon, E.1    Guild, P.D.2
  • 10
    • 24744445535 scopus 로고    scopus 로고
    • 'Fundusz Advent zainwestuje w polskie spolki $80 mln'
    • 16 April
    • Dziennik Finansowy Prawo i Gospodarka, 'Fundusz Advent zainwestuje w polskie spolki $80 mln', 16 April 1999.
    • (1999) Dziennik Finansowy Prawo I Gospodarka
  • 11
    • 24744431613 scopus 로고    scopus 로고
    • 'Eastern Europe Finance: Investment Funds Grow Up'
    • Economist Intelligence Unit, 'Eastern Europe Finance: Investment Funds Grow Up', 1998.
    • (1998) Economist Intelligence Unit
  • 12
    • 84986144340 scopus 로고    scopus 로고
    • 'Annual Survey of Pan-European Private Equity & Venture Capital Activity'
    • European Private Equity and Venture Capital Association, The Netherlands
    • EVCA Yearbook, 'Annual Survey of Pan-European Private Equity & Venture Capital Activity', European Private Equity and Venture Capital Association, The Netherlands, 2000.
    • (2000) EVCA Yearbook
  • 13
    • 84986133383 scopus 로고    scopus 로고
    • 'Annual Survey of Pan-European Private Equity & Venture Capital Activity'
    • European Private Equity and Venture Capital Association, The Netherlands
    • EVCA Yearbook, 'Annual Survey of Pan-European Private Equity & Venture Capital Activity', European Private Equity and Venture Capital Association, The Netherlands, 2001.
    • (2001) EVCA Yearbook
  • 14
    • 84986171289 scopus 로고    scopus 로고
    • 'Annual Survey of Pan-European Private Equity & Venture Capital Activity'
    • European Private Equity and Venture Capital Association, The Netherlands
    • EVCA Yearbook, 'Annual Survey of Pan-European Private Equity & Venture Capital Activity', European Private Equity and Venture Capital Association, The Netherlands, 2002.
    • (2002) EVCA Yearbook
  • 15
    • 84986144335 scopus 로고    scopus 로고
    • 'Annual Survey of Pan-European Private Equity & Venture Capital Activity'
    • European Private Equity and Venture Capital Association, The Netherlands
    • EVCA Yearbook, 'Annual Survey of Pan-European Private Equity & Venture Capital Activity', European Private Equity and Venture Capital Association, The Netherlands, 2003.
    • (2003) EVCA Yearbook
  • 16
    • 38249000944 scopus 로고
    • 'Small Business Development in Central and Eastern Europe - Opportunity for a Rethink?'
    • Gibb, Allan A., 'Small Business Development in Central and Eastern Europe - Opportunity for a Rethink?', Journal of Business Venturing, 1993, 12, pp. 461-486.
    • (1993) Journal of Business Venturing , vol.12 , pp. 461-486
    • Gibb, A.A.1
  • 18
    • 0001094026 scopus 로고    scopus 로고
    • 'Money Chasing Deals? The Impact of Fund Inflows on Private Equity Valuations'
    • Gompers, Paul & Lerner, Josh, 'Money Chasing Deals? The Impact of Fund Inflows on Private Equity Valuations', Journal of Financial Economics, 55, 1999b, pp. 281-325.
    • (1999) Journal of Financial Economics , vol.55 , pp. 281-325
    • Gompers, P.1    Lerner, J.2
  • 19
    • 24744465595 scopus 로고    scopus 로고
    • 'Siła wielu funduszów'
    • 30 June
    • Gorski, Marian, 'Siła wielu funduszów', Gazeta Bankowa, 30 June 1996, p. 26.
    • (1996) Gazeta Bankowa , pp. 26
    • Gorski, M.1
  • 20
    • 24744435103 scopus 로고    scopus 로고
    • 'Klasyczny Venture Capital'
    • 27 December
    • Grzegorczyk, Waldemar, 'Klasyczny Venture Capital', Rzeczpospolita, 27 December 1997.
    • (1997) Rzeczpospolita
    • Grzegorczyk, W.1
  • 21
    • 24744472231 scopus 로고    scopus 로고
    • 'Spolki z ograniczona samodzielnoscia'
    • 13 March
    • Grzegorzewski, Zbigniew, 'Spolki z ograniczona samodzielnoscia', Parkiet, 13 March 1998.
    • (1998) Parkiet
    • Grzegorzewski, Z.1
  • 22
    • 24744443867 scopus 로고    scopus 로고
    • 'Przyjeto ustawe o funduszach inwestycyjnych'
    • 27 June
    • Grzeszczuk, Robert, 'Przyjeto ustawe o funduszach inwestycyjnych', Parkiet, 27 June 1997.
    • (1997) Parkiet
    • Grzeszczuk, R.1
  • 24
    • 0141570661 scopus 로고    scopus 로고
    • 'Business Cycles in Central and Eastern Europe'
    • Jagric, Timotej, 'Business Cycles in Central and Eastern Europe', Eastern European Economics, 41, 5, 2003, pp. 6-24.
    • (2003) Eastern European Economics , vol.41 , Issue.5 , pp. 6-24
    • Jagric, T.1
  • 25
    • 24744446198 scopus 로고    scopus 로고
    • 'Trying for a Cool Profit'
    • 1 August
    • Jelonkiewicz, Wanda, 'Trying for a Cool Profit', Warsaw Voice, 1 August 1999, pp. 6-7.
    • (1999) Warsaw Voice , pp. 6-7
    • Jelonkiewicz, W.1
  • 26
    • 0002108354 scopus 로고    scopus 로고
    • 'Venture Capital in Transition Economies: The Case of Hungary'
    • Karsai, Judit, Wright, Mike & Filatotchev, Igor, 'Venture Capital in Transition Economies: The Case of Hungary', Entrepreneurship Theory and Practice, 21, 4, 1997, pp. 93-110.
    • (1997) Entrepreneurship Theory and Practice , vol.21 , Issue.4 , pp. 93-110
    • Karsai, J.1    Wright, M.2    Filatotchev, I.3
  • 27
    • 0031655741 scopus 로고    scopus 로고
    • 'Screening and Valuing Venture Capital Investments: Evidence from Hungary, Poland and Slovakia'
    • Karsai, Judit, Wright, Mike, Dudzinski, Zbigniew & Morovic, Jan, 'Screening and Valuing Venture Capital Investments: Evidence from Hungary, Poland and Slovakia', Entrepreneurship and Regional Development, 10, 1998, pp. 203-224.
    • (1998) Entrepreneurship and Regional Development , vol.10 , pp. 203-224
    • Karsai, J.1    Wright, M.2    Dudzinski, Z.3    Morovic, J.4
  • 28
    • 24744465833 scopus 로고    scopus 로고
    • 'The Impact of Venture Capital Investments on the Hungarian Economy'
    • Karsai, Judit, 'The Impact of Venture Capital Investments on the Hungarian Economy', Hungarian Venture Capital Association, 2003, pp. 1-6.
    • (2003) Hungarian Venture Capital Association , pp. 1-6
    • Karsai, J.1
  • 29
    • 24744464538 scopus 로고    scopus 로고
    • 'How Do Venture Capitalists Make Their Investment Decision in Central and Eastern Europe?'
    • unpublished working paper
    • Klonowski, Darek, 'How Do Venture Capitalists Make Their Investment Decision in Central and Eastern Europe?', unpublished working paper, 2004.
    • (2004)
    • Klonowski, D.1
  • 30
    • 24744465594 scopus 로고    scopus 로고
    • 'Kapital wysokiego ryzyka w Polsce: Kryteria podejmowania decyzji inwestycyjnych'
    • Klonowski, Darek, 'Kapital wysokiego ryzyka w Polsce: Kryteria podejmowania decyzji inwestycyjnych', Organizacja i Kierowanie, 2, 13, 2002, pp. 173-189.
    • (2002) Organizacja I Kierowanie , vol.2 , Issue.13 , pp. 173-189
    • Klonowski, D.1
  • 31
    • 24744451371 scopus 로고    scopus 로고
    • 'Poland's Systemic Problems: A Focus on Fiscal and Legal Infrastructure'
    • Klonowski, Darek, 'Poland's Systemic Problems: A Focus on Fiscal and Legal Infrastructure', Argumenta Oeconomica, 1-2, 14, 2003, pp. 57-71.
    • (2003) Argumenta Oeconomica , vol.1-2 , Issue.14 , pp. 57-71
    • Klonowski, D.1
  • 32
    • 17944389130 scopus 로고    scopus 로고
    • 'The Prospects of Capital Markets in Central and Eastern Europe'
    • Koke, Jens & Schrode, Michael, 'The Prospects of Capital Markets in Central and Eastern Europe', Eastern European Economics, 41, 4, 2003, pp. 5-38.
    • (2003) Eastern European Economics , vol.41 , Issue.4 , pp. 5-38
    • Koke, J.1    Schrode, M.2
  • 33
    • 84909269875 scopus 로고    scopus 로고
    • 'The Year in Review - 2001'
    • unpublished paper, Hungarian Venture Capital Association
    • Kopits, Steven, 'The Year in Review - 2001', unpublished paper, Hungarian Venture Capital Association 2001.
    • (2001)
    • Kopits, S.1
  • 34
    • 24744458127 scopus 로고    scopus 로고
    • 'Prywatyzacja: Polska w tyle'
    • 23 June
    • Kostrz-Kostecka, Ada, 'Prywatyzacja: Polska w tyle', Rzeczpospolita, 23 June 1997.
    • (1997) Rzeczpospolita
    • Kostrz-Kostecka, A.1
  • 35
    • 24744445338 scopus 로고    scopus 로고
    • 'Cena za ryzyko: Nowe zrodla finansowania przedsiebiorstw'
    • May
    • Krajewski, Jerzy, 'Cena za ryzyko: Nowe zrodla finansowania przedsiebiorstw', Businessman, May 1997, p. 26.
    • (1997) Businessman , pp. 26
    • Krajewski, J.1
  • 37
    • 24744436363 scopus 로고    scopus 로고
    • 'Wielkopolski eksperyment - Regionalne Fundusze Inwestycyjne'
    • 25 May
    • Lakomy, Jacek, 'Wielkopolski eksperyment - Regionalne Fundusze Inwestycyjne', Gazeta Bankowa, 25 May 1997.
    • (1997) Gazeta Bankowa
    • Lakomy, J.1
  • 38
    • 45249130669 scopus 로고
    • 'Venture Capitalists' Involvement in Their Investments: Extent and Performance'
    • MacMillan, Ian C., Kudlow, David M. & Khoylian, Roubina, 'Venture Capitalists' Involvement in Their Investments: Extent and Performance', Journal of Business Venturing, 1989, 4, 1, pp. 27-54.
    • (1989) Journal of Business Venturing , vol.4 , Issue.1 , pp. 27-54
    • MacMillan, I.C.1    Kudlow, D.M.2    Khoylian, R.3
  • 39
    • 0012074518 scopus 로고
    • 'The Founding Rate of Venture Capital Firms in Three European Countries (1970-1990)'
    • Manigart, Sophie, 'The Founding Rate of Venture Capital Firms in Three European Countries (1970-1990)', Journal of Business Venturing, 1994, 9, pp. 525-541.
    • (1994) Journal of Business Venturing , vol.9 , pp. 525-541
    • Manigart, S.1
  • 40
    • 2942687350 scopus 로고    scopus 로고
    • 'Postsocialist Countries'
    • Matkowski, Zbigniew, 'Postsocialist Countries', Eastern European Economics, 42, 3, 2004, pp. 44-81.
    • (2004) Eastern European Economics , vol.42 , Issue.3 , pp. 44-81
    • Matkowski, Z.1
  • 41
    • 24744444914 scopus 로고    scopus 로고
    • 'BCC Gala - Business Leaders Shine Bright'
    • 13 July
    • Misiak, Feliks, 'BCC Gala - Business Leaders Shine Bright', Warsaw Voice, 13 July 1997.
    • (1997) Warsaw Voice
    • Misiak, F.1
  • 42
    • 85011197839 scopus 로고
    • 'Evolution and Change: An Analysis of the First Decade of the UK Venture Capital Industry'
    • Murray, Gordon, 'Evolution and Change: An Analysis of the First Decade of the UK Venture Capital Industry', Journal of Business Finance and Accounting, 22, 8, 1995, pp. 1077-1106.
    • (1995) Journal of Business Finance and Accounting , vol.22 , Issue.8 , pp. 1077-1106
    • Murray, G.1
  • 43
    • 16144366246 scopus 로고    scopus 로고
    • 'Trade-offs in the Investment Decisions of European Venture Capitalists'
    • Muzyka, Daniel, Birley, Sue & Leleux, Benoit, 'Trade-offs in the Investment Decisions of European Venture Capitalists', Journal of Business Venturing, 1996, 11, pp. 273-287.
    • (1996) Journal of Business Venturing , vol.11 , pp. 273-287
    • Muzyka, D.1    Birley, S.2    Leleux, B.3
  • 45
    • 24744431611 scopus 로고    scopus 로고
    • 'Ciasny gorset'
    • 30 May
    • Ordak, Grazyna, 'Ciasny gorset', Gazeta Bankowa, 30 May 1999.
    • (1999) Gazeta Bankowa
    • Ordak, G.1
  • 46
    • 24744457282 scopus 로고    scopus 로고
    • Polish Private Equity Association, Poland
    • PPEA Yearbook, Polish Private Equity Association, Poland, 2002.
    • (2002) PPEA Yearbook
  • 47
    • 24744439448 scopus 로고    scopus 로고
    • 'Investment Funds Act Passed Over Pension Funds'
    • 6 July
    • PNB, 'Investment Funds Act Passed Over Pension Funds', 6 July 1997, p. 6.
    • (1997) PNB , pp. 6
  • 48
    • 24744451578 scopus 로고    scopus 로고
    • 'Odgorne zmiany strukturalne'
    • P.S., 9 June
    • P.S., 'Odgorne zmiany strukturalne', Parkiet, 9 June 1999.
    • (1999) Parkiet
  • 49
    • 24744467338 scopus 로고    scopus 로고
    • 'Rozmowa z Michalem Solowowem, prezesem Rady Nadzorczej Echo Investments SA'
    • 6 December
    • Rabiej, Pawel, 'Rozmowa z Michalem Solowowem, prezesem Rady Nadzorczej Echo Investments SA', Gazeta Bankowa, 6 December 1996.
    • (1996) Gazeta Bankowa
    • Rabiej, P.1
  • 50
    • 0001203072 scopus 로고
    • 'Hybrid Conjoint Analysis: An Estimation Probe in Venture Decisions'
    • Riquelme, Hernan & Rickards, Tudor, 'Hybrid Conjoint Analysis: An Estimation Probe in Venture Decisions', Journal of Business Venturing, 1992, 7, pp. 505-518.
    • (1992) Journal of Business Venturing , vol.7 , pp. 505-518
    • Riquelme, H.1    Tudor, R.2
  • 51
    • 24744451931 scopus 로고    scopus 로고
    • 'Venture Capital - A New Source of Finance in Polish Business'
    • 21 June
    • Rog, Małgorzata, 'Venture Capital - A New Source of Finance in Polish Business', BOSS Business News from Poland, 21 June 1999.
    • (1999) BOSS Business News from Poland
    • Małgorzata, R.1
  • 52
    • 24744442312 scopus 로고    scopus 로고
    • 'The Two Cycles of Venture Capital'
    • Rosenberg, David, 'The Two Cycles of Venture Capital', Journal of Corporation Law, 28, 3, 2003, pp. 419-441.
    • (2003) Journal of Corporation Law , vol.28 , Issue.3 , pp. 419-441
    • Rosenberg, D.1
  • 53
    • 24744432466 scopus 로고    scopus 로고
    • 'Wspierać start albo rozwój'
    • 25 January
    • Rymarczyk, Jan, 'Wspierać start albo rozwój', Rzeczpospolita, 25 January 1999.
    • (1999) Rzeczpospolita
    • Rymarczyk, J.1
  • 54
    • 24744442556 scopus 로고    scopus 로고
    • 'What's The Difference?'
    • Bulletin published by British Chamber of Commerce
    • Saper, Roger, 'What's The Difference?' Bulletin published by British Chamber of Commerce, 1999.
    • (1999)
    • Saper, R.1
  • 55
    • 24744448627 scopus 로고    scopus 로고
    • 'Kapitał spragniony ryzyka'
    • 23 March
    • Stankunowicz, Eryk, 'Kapitał spragniony ryzyka', Gazeta Bankowa, 23 March 1997.
    • (1997) Gazeta Bankowa
    • Stankunowicz, E.1
  • 57
    • 24744442751 scopus 로고    scopus 로고
    • 'Podatek dla NFI - Bledna decyzja'
    • 6 May
    • Szomburg, Jan, 'Podatek dla NFI - Bledna decyzja', Gazeta Bankowa, 6 May 1997a.
    • (1997) Gazeta Bankowa
    • Szomburg, J.1
  • 58
    • 24744449081 scopus 로고    scopus 로고
    • 'Trzy grupy, trzy strategie - Narodowe Fundusze Inwestycyjne'
    • 25 May
    • Szomburg, Jan, 'Trzy grupy, trzy strategie - Narodowe Fundusze Inwestycyjne', Gazeta Bankowa, 25 May 1997b.
    • (1997) Gazeta Bankowa
    • Szomburg, J.1
  • 59
    • 24744444279 scopus 로고    scopus 로고
    • 'Mali i sredni szukaja kapitalu'
    • 5 November
    • Szubanski, Przemyslaw, 'Mali i sredni szukaja kapitalu', Parkiet, 5 November 1998.
    • (1998) Parkiet
    • Szubanski, P.1
  • 61
    • 24744445337 scopus 로고    scopus 로고
    • 'Polska nie jest gwiazda na europejskiej mapie VC'
    • 2 August
    • Tamowicz, Piotr, 'Polska nie jest gwiazda na europejskiej mapie VC', Puls Biznesu, 2 August 2004.
    • (2004) Puls Biznesu
    • Tamowicz, P.1
  • 62
    • 0036919599 scopus 로고    scopus 로고
    • 'Intangible Factors in the Eastern European Transition: A Socio-Economic Analysis'
    • Tomer, John F., 'Intangible Factors in the Eastern European Transition: A Socio-Economic Analysis', Post-Communist Economies, 14, 4, 2002, pp. 421-445.
    • (2002) Post-Communist Economies , vol.14 , Issue.4 , pp. 421-445
    • Tomer, J.F.1
  • 63
    • 0141919636 scopus 로고    scopus 로고
    • 'Tax Morale in Transition Countries'
    • Torgler, Benno, 'Tax Morale in Transition Countries', Post-Communist Economies, 15, 3, 2003, pp. 357-382.
    • (2003) Post-Communist Economies , vol.15 , Issue.3 , pp. 357-382
    • Torgler, B.1
  • 64
    • 24744435522 scopus 로고    scopus 로고
    • 'Fundusze inwestycyjne - Poselska dezaprobata'
    • 6 June
    • Urbaniak, Maciej, 'Fundusze inwestycyjne - poselska dezaprobata', Gazeta Bankowa, 6 June 1997.
    • (1997) Gazeta Bankowa
    • Urbaniak, M.1
  • 67
    • 0343499300 scopus 로고
    • 'The Role of International Financial Institutions in Poland's Transition to a Market Economy'
    • Wilczynski, Ryszard, 'The Role of International Financial Institutions in Poland's Transition to a Market Economy', Eastern European Economics, 32, 5, 1994, pp. 36-50.
    • (1994) Eastern European Economics , vol.32 , Issue.5 , pp. 36-50
    • Wilczynski, R.1
  • 69
    • 24744440964 scopus 로고    scopus 로고
    • 'Fundusze Venture Capital'
    • W.K. 2 June
    • W.K., 'Fundusze Venture Capital', Parkiet, 2 June 1998.
    • (1998) Parkiet
  • 70
    • 0032800322 scopus 로고    scopus 로고
    • 'Transition and Active Investors: Venture Capital in Hungary, Poland and Slovakia'
    • Wright, Mike, Karsai, Judit, Dudzinski, Zbigniew & Morovic, Jan, 'Transition and Active Investors: Venture Capital in Hungary, Poland and Slovakia', Post-Communist Economies, 1, 1999, pp. 27-46.
    • (1999) Post-Communist Economies , vol.1 , pp. 27-46
    • Wright, M.1    Karsai, J.2    Dudzinski, Z.3    Morovic, J.4
  • 71
    • 0031116560 scopus 로고    scopus 로고
    • 'Profiles of Polish Entrepreneurship'
    • Zapalska, Anna, 'Profiles of Polish Entrepreneurship', Journal of Small Business Management, 35, 2, 1997, pp. 111- 117.
    • (1997) Journal of Small Business Management , vol.35 , Issue.2 , pp. 111-117
    • Zapalska, A.1
  • 72
    • 24744467788 scopus 로고    scopus 로고
    • 'Bankowość inwestycyjna'
    • 14 April
    • Zulawnik, Bozena, 'Bankowość inwestycyjna', Gazeta Bankowa, 14 April 1996.
    • (1996) Gazeta Bankowa
    • Zulawnik, B.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.