Further evidence on the geographical concentration of venture capital investments

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1 Citation (Scopus)

Abstract

This study provides an alternative examination into the dynamics of US venture capital investments across different geographical markets. A simple concentration index is developed to measure the size of venture capital investments by region relative to the US total venture capital investments. The time-series properties of this concentration index are examined; in particular, a series of unit root tests are employed to examine whether shocks to the index are temporary. Findings indicate that the geographical concentration of venture capital is increasing over time but shocks are temporary.

Original languageEnglish (US)
Pages (from-to)229-235
Number of pages7
JournalLetters in Spatial and Resource Sciences
Volume10
Issue number2
DOIs
StatePublished - Jul 1 2017

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venture capital
capital investment
evidence
time series
examination
market
Venture capital
Capital investment
index
Concentration index

Keywords

  • Concentration
  • Regions
  • Shocks
  • Unit root tests
  • Venture capital investments

ASJC Scopus subject areas

  • Demography
  • Geography, Planning and Development
  • Urban Studies
  • Economics and Econometrics

Cite this

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