Venture capital fuels innovation and growth, transforming human resource development worldwide.
Venture capital financing supports new, innovative businesses with high growth potential. It not only provides money but also offers networking and management help. This type of financing is great for knowledge and technology-based companies. A study in India looked at how venture capital impacts human resource development. They surveyed entrepreneurs and used cluster analysis to group their responses. The analysis showed that venture capital plays a significant role in supporting human resource development in these companies.