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3 years ago

Venture capital's limitations hindering technological progress and innovation worldwide.

Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn
Josh Lerner, Ramana Nanda

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Venture capital plays a big role in funding innovative companies, but it has limitations. Only certain types of innovations get funded, a small group of investors control a lot of the money, and there's less focus on good governance. We still don't fully understand the impact of venture capital on society, so more research is needed to figure it out.