Skip to main content Skip to main navigation menu Skip to site footer
  • Login
  • Menu
  • Home
  • Current
  • Archives
  • About
    • About the Journal
    • Submissions
    • Contact
  • Login

Equilibrium. Equilibrium. Quarterly Journal of Economics and Economic Policy

Private Equity and Venture Capital: an Empirical Analysis
  • Home
  • /
  • Private Equity and Venture Capital: an Empirical Analysis
  1. Home /
  2. Archives /
  3. Vol. 6 No. 2 (2011) /
  4. Small and Medium Enterprises During the Crisis

Private Equity and Venture Capital: an Empirical Analysis

Authors

  • Marek Zinecker Brno University of Technology, Czech Republic
  • Tomáš Meluzín Brno University of Technology, Czech Republic

DOI:

https://doi.org/10.12775/EQUIL2011.011

Keywords

Private Equity, Venture Capital, Investment Activity, Divestment Activity, IPO, CEE Region, Financial and Economic Crisis

Abstract

The paper deals with the analysis of the private equity and venture capital investment and divestment trends and activities on the European market, particularly on the market of Central and Eastern Europe (CEE), in times of economic crises 2007-2009. The analysis is based on the data published by the European Private Equity and Venture Capital Association (EVCA), the Czech Private Equity and Venture Capital Association (CVCA) and the Bundesverband Deutscher Kapitalbeteiligungsgesellschaften (BVK). The economic crisis in 2008-2009 caused a rapid cooling of the European market. Private equity and venture capital management companies located in Europe have decreased significantly both investment and divestment activity. The economic crisis on CEE market showed a delay and a lower intensity in comparison with Western Europe. CEE market is, however, underdeveloped. This argument is supported by the data indicating annual investment and divestment value, and number of companies received private equity financing.

References

Benchmarking European and Legal Environments. Brussels: EVCA, 2008. 194 pp.

BVK Special. Private Equity in Europa 2009. Berlin: Bundesverband Deutscher Kapitalbeteiligungsgesellschaften, 2010. 50 pp.

BVK Special. Private Equity in Europa 2008. Berlin: Bundesverband Deutscher Kapitalbeteiligungsgesellschaften, 2009. 36 pp.

BVK Special. Private Equity in Europa 2007. Berlin: Bundesverband Deutscher Kapitalbeteiligungsgesellschaften, 2008. 27 pp.

BVK Special. Private Equity in Europa 2006. Berlin: Bundesverband Deutscher Kapitalbeteiligungsgesellschaften, 2007. 30 pp.

BVK Special. Private Equity in Europa 2005. Berlin: Bundesverband Deutscher Kapitalbeteiligungsgesellschaften, 2006. 31 pp.

Central and Eastern Europe statistics 2009. Brussels: European Private Equity & and Venture Capital Association, 2010. 35 pp.

Central and Eastern Europe statistics 2008. Brussels: European Private Equity & and Venture Capital Association, 2009. 35 pp.

Central and Eastern Europe statistics 2007. Brussels: European Private Equity & and Venture Capital Association, 2008. 15 pp.

ENGEL, D. Höheres Beschäftigungswachstum durch Venture Capital? Journal of Economics and Statistics, Vol. 223 (2003), No. 1, pp. 1-22.

Roling, J. Venture Capital und Innovation. J. Eul Verlag, 2001, 284 S. ISBN 978-3-89012-902-0.

RUDOLPH, B., HAAGEN, F. Die Auswirkungen institutioneller Rahmenbedingungen auf die Venture Capital-Finanzierung in Deutschland [online], 2004. Available at: http://www.bwl.uni-muenchen.de/forschung/diskus_beitraege/workingpaper/3539.pdf [2010-05-24].

Topinka, J. Fondy kvalifikovaných investorů v České republice [online], 2007. Dostupné z: http://www.epravo.cz/top/clanky/fondy-kvalifikovanych-investoru-v-ceske-republice-48837.html [2010-05-24].

Zinecker M., Rajchlová, J. (2010), Význam Private Equity v ČR v kontextu evropského vývoje, „Acta academia

karviniensia“, Vol. 2010, No. 2.

Zinecker, M. (2010), Vliv finanční a ekonomické krize na úroveň private equity a venture kapitálových investic v Evropě, „Acta Universitatis Bohemiae Meridionales“, Vol. XIII., No. 3-4/2010.

Equilibrium. Equilibrium. Quarterly Journal of Economics and Economic Policy

Downloads

  • PDF

Published

2011-04-17

How to Cite

1.
ZINECKER, Marek and MELUZÍN, Tomáš. Private Equity and Venture Capital: an Empirical Analysis. Equilibrium. Equilibrium. Quarterly Journal of Economics and Economic Policy. Online. 17 April 2011. Vol. 6, no. 2, pp. 47-64. [Accessed 5 July 2025]. DOI 10.12775/EQUIL2011.011.
  • ISO 690
  • ACM
  • ACS
  • APA
  • ABNT
  • Chicago
  • Harvard
  • IEEE
  • MLA
  • Turabian
  • Vancouver
Download Citation
  • Endnote/Zotero/Mendeley (RIS)
  • BibTeX

Issue

Vol. 6 No. 2 (2011)

Section

Small and Medium Enterprises During the Crisis

Stats

Number of views and downloads: 269
Number of citations: 0

Search

Search

Browse

  • Browse Author Index
  • Issue archive

User

User

Current Issue

  • Atom logo
  • RSS2 logo
  • RSS1 logo

Newsletter

Subscribe Unsubscribe

Tags

Search using one of provided tags:

Private Equity, Venture Capital, Investment Activity, Divestment Activity, IPO, CEE Region, Financial and Economic Crisis
Up

Akademicka Platforma Czasopism

Najlepsze czasopisma naukowe i akademickie w jednym miejscu

apcz.umk.pl

Partners

  • Akademia Ignatianum w Krakowie
  • Akademickie Towarzystwo Andragogiczne
  • Fundacja Copernicus na rzecz Rozwoju Badań Naukowych
  • Instytut Historii im. Tadeusza Manteuffla Polskiej Akademii Nauk
  • Instytut Kultur Śródziemnomorskich i Orientalnych PAN
  • Instytut Tomistyczny
  • Karmelitański Instytut Duchowości w Krakowie
  • Ministerstwo Kultury i Dziedzictwa Narodowego
  • Państwowa Akademia Nauk Stosowanych w Krośnie
  • Państwowa Akademia Nauk Stosowanych we Włocławku
  • Państwowa Wyższa Szkoła Zawodowa im. Stanisława Pigonia w Krośnie
  • Polska Fundacja Przemysłu Kosmicznego
  • Polskie Towarzystwo Ekonomiczne
  • Polskie Towarzystwo Ludoznawcze
  • Towarzystwo Miłośników Torunia
  • Towarzystwo Naukowe w Toruniu
  • Uniwersytet im. Adama Mickiewicza w Poznaniu
  • Uniwersytet Komisji Edukacji Narodowej w Krakowie
  • Uniwersytet Mikołaja Kopernika
  • Uniwersytet w Białymstoku
  • Uniwersytet Warszawski
  • Wojewódzka Biblioteka Publiczna - Książnica Kopernikańska
  • Wyższe Seminarium Duchowne w Pelplinie / Wydawnictwo Diecezjalne „Bernardinum" w Pelplinie

© 2021- Nicolaus Copernicus University Accessibility statement Shop