創投業與經濟發展的關係‐以台灣與土耳其為例

Abstract

What brings prosperity is a complex question and has many dimensions; venture capital is a factor that affects it and this study is focused on how venture capital industry helps a nation to archive prosperity. The main advantage of venture capital has been providing the necessary assistance to entrepreneurs, whom Porter (1990) places in the heart of a nation’s competitive advantage. Some countries had successfully developed venture capital industries and utilized it for the benefit of their economy. The statistics show that venture capital backed companies contributed a significant amount to the U.S economy. Taiwan whom copied the Venture Capital structure of USA has also developed a strong Venture Capital industry. Taiwanese Venture Capital backed companies had grown to be one of the biggest companies in the country and they contribute significant amount both to the GDP and employment of the country. However, not every country is successful to establish their venture capital industries. There have been numerous studies conducted to understand the difference of venture capital development between countries. This study aims to utilize the previous studies to determine which factors affect the level of venture capital in a country, and in the light of these factors to understand the difference between the diverse development path of venture capital industries in Turkey and Taiwan.