The outstanding success attained by Private Equity and Venture Capital (PE/VC) in fostering the U.S. entrepreneurial sector has encouraged several countries to import it. However, PE/VC was tailored to perform in the American institutional environment. As Gompers and Lerner (1999) state, the degree to which the U.S. venture model will – or can – be successfully adapted to other countries is a particularly interesting question.
Ribeiro, Leonardo L.; de Carvalho, Antonio Gledson; and Furtado, Cláudio Vilar
"PRIVATE EQUITY AND VENTURE CAPITAL IN AN EMERGING ECONOMY: EVIDENCE FROM BRAZIL (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 26
, Article 10.
Available at: https://digitalknowledge.babson.edu/fer/vol26/iss3/10