Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector

The paper aims to characterization and diagnosis of the venture capital market and to determine its importance in the process of financing of bioenterprises. The followingresearch hypothesis was formulated: the growing importance of the bioeconomy sector in Poland in conjunction with the high invest...

Full description

Bibliographic Details
Main Authors: Szydłowski Konrad, Marek Szturo
Format: Article
Language:English
Published: Lodz University Press 2014-02-01
Series:Acta Universitatis Lodziensis. Folia Oeconomica
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/foe/article/view/129
_version_ 1811218062096990208
author Szydłowski Konrad
Marek Szturo
author_facet Szydłowski Konrad
Marek Szturo
author_sort Szydłowski Konrad
collection DOAJ
description The paper aims to characterization and diagnosis of the venture capital market and to determine its importance in the process of financing of bioenterprises. The followingresearch hypothesis was formulated: the growing importance of the bioeconomy sector in Poland in conjunction with the high investment risk, indicate a high potential for the development of the venture capital market in the area of financing bioenterprises. The theoretical part of the the paper presents the concept and importance of the bioeconomy, basic conditions for the development of this sector, and identifies main barriers to accessibility bioenterprises to sources of capital. The characteristic of PE/VC funds was presented as well. Results of investment activity of funds was presented in the empirical part of the paper. A size and a structure of investment were analysed with particular reference to the trade and the development phase of the enterprises. The analysis was based on the data published by the European Venture Capital Assotiation. Results of the analysis indicated the growing importance of PE/VC funds in the financing of the development of bioenterprises. However the scope of their activity is still relatively little, what is confirmed bythe small amount of funds invested in the bioeconomy sector.In the future the venture capital market should be important source of financing of the bioeconomy sector in Poland.
first_indexed 2024-04-12T07:03:23Z
format Article
id doaj.art-3839ab0789ba49a0b58c969f2903623d
institution Directory Open Access Journal
issn 0208-6018
2353-7663
language English
last_indexed 2024-04-12T07:03:23Z
publishDate 2014-02-01
publisher Lodz University Press
record_format Article
series Acta Universitatis Lodziensis. Folia Oeconomica
spelling doaj.art-3839ab0789ba49a0b58c969f2903623d2022-12-22T03:42:55ZengLodz University PressActa Universitatis Lodziensis. Folia Oeconomica0208-60182353-76632014-02-01230051Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sectorSzydłowski KonradMarek SzturoThe paper aims to characterization and diagnosis of the venture capital market and to determine its importance in the process of financing of bioenterprises. The followingresearch hypothesis was formulated: the growing importance of the bioeconomy sector in Poland in conjunction with the high investment risk, indicate a high potential for the development of the venture capital market in the area of financing bioenterprises. The theoretical part of the the paper presents the concept and importance of the bioeconomy, basic conditions for the development of this sector, and identifies main barriers to accessibility bioenterprises to sources of capital. The characteristic of PE/VC funds was presented as well. Results of investment activity of funds was presented in the empirical part of the paper. A size and a structure of investment were analysed with particular reference to the trade and the development phase of the enterprises. The analysis was based on the data published by the European Venture Capital Assotiation. Results of the analysis indicated the growing importance of PE/VC funds in the financing of the development of bioenterprises. However the scope of their activity is still relatively little, what is confirmed bythe small amount of funds invested in the bioeconomy sector.In the future the venture capital market should be important source of financing of the bioeconomy sector in Poland.https://czasopisma.uni.lodz.pl/foe/article/view/129bioeconomy, sources of financing, venture capital
spellingShingle Szydłowski Konrad
Marek Szturo
Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
Acta Universitatis Lodziensis. Folia Oeconomica
bioeconomy, sources of financing, venture capital
title Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
title_full Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
title_fullStr Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
title_full_unstemmed Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
title_short Venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
title_sort venture capital market as a place of meeting the financial needs of enterprises in the bioeconomy sector
topic bioeconomy, sources of financing, venture capital
url https://czasopisma.uni.lodz.pl/foe/article/view/129
work_keys_str_mv AT szydłowskikonrad venturecapitalmarketasaplaceofmeetingthefinancialneedsofenterprisesinthebioeconomysector
AT marekszturo venturecapitalmarketasaplaceofmeetingthefinancialneedsofenterprisesinthebioeconomysector