Advanced Search

Journal Navigation

Journal Home

Subscriptions

Archive

Contact Us

Table of Contents

Click here to learn more!

Click here to sign up for SAGE Journal Email Alerts today!

Sign In to gain access to subscriptions and/or personal tools.
Economic Development Quarterly
This Article
Right arrow Full Text (PDF)
Right arrow References
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to Saved Citations
Right arrow Download to citation manager
Right arrowRequest Permissions
Right arrow Request Reprints
Right arrow Add to My Marked Citations
Citing Articles
Right arrow Citing Articles via HighWire
Right arrow Citing Articles via Google Scholar
Right arrow Citing Articles via Scopus
Google Scholar
Right arrow Articles by Bates, T.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Complore   Add to Connotea   Add to Del.icio.us   Add to Digg   Add to Reddit   Add to Technorati   Add to Twitter  
What's this?

Government as Venture Capital Catalyst: Pitfalls and Promising Approaches

Timothy Bates

Wayne State University

Former President Bill Clinton’s New Markets Initiative includes a proposal to create companies that will invest venture capital into small firms that operate in low-income areas. Important elements of this proposal are essentially recycled ideas that worked badly when implemented back in the 1970s by the U.S. Small Business Administration. This study identifies failed concepts being built into present and proposed venture-capital community development financial institutions. Concrete suggestions are offered that may circumvent building structural deficiencies into the emerging generation of community development financial institutions. In particular, these community development financial institutions need to avoid the debt financing that government is offering as an incentive to promote venture-capital financing in small businesses.

Economic Development Quarterly, Vol. 16, No. 1, 49-59 (2002)
DOI: 10.1177/089124240201600106
Add to CiteULike CiteULike   Add to Complore Complore   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us   Add to Digg Digg   Add to Reddit Reddit   Add to Technorati Technorati   Add to Twitter Twitter    What's this?


This article has been cited by other articles:


Home page
 Economic Development QuarterlyHome page
E. Scorsone and S. Weiler
New Markets as Informational Asymmetries
Economic Development Quarterly, August 1, 2004; 18(3): 303 - 313.
[Abstract] [PDF]

Home page
 Economic Development QuarterlyHome page
T. Bates
Rejoinder to Charles D. Tansey: Moving Toward a More Effective Small Business Administration
Economic Development Quarterly, May 1, 2002; 16(2): 185 - 190.
[Abstract] [PDF]