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List of Tables
List of Figures
1 Genes and Money in Europe: Why Did It Fail? 1
2 The Biotechnology Industry and Venture Capital 5
3 Europe Falls Behind 23
4 Why Does Europe Do So Poorly? Some Inadequate Explanations 42
5 Underinvestment in European Biotechnology 55
6 Public Markets and Underinvestment 73
7 VC Management of Companies 86
8 VC Effects on Business Efficacy 109
9 Investor Blockade of Business 123
10 Pomp and Circumstance 140
11 The Real VC Business Model 150
12 What to Do about It: Government 173
13 What to Do about It: Business 189
Notes 198
References 201
Company Index 216
Topical Index 218
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V R Patience
reviewed Venture Capital and the European Biotechnology Industry on March 15, 2012
Venture Capital and the European Biotechnology Industry
What can you say about a classic? It persuasively demanded that corporate theorists recognize the place noneconomic political forces like populism and preference for local banking have played in making corporate governance what it is. I would be interested in finding an retrospective after the deregulation of the late 90s to see whether that has changed the situation.
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