A New Approach to Financial Policies and Regulations
Edited by Riccardo Viale, Shabnam Mousavi, Barbara Alemanni and Umberto Filotto
Chapter 13: Behavioral impact of policies for the start-up and Venture Capital ecosystem
This chapter discusses the existing public policies for start-ups and Venture Capital and the empirical evidence of their effects on the opportunistic behavior of the actors of the technological and financial ecosystem, with a focus on the Italian environment. Problems of governance of academic organizations are analyzed first, in order to understand the factors that affect entrepreneurial behaviors of researchers and the motivational systems that spur individuals and departments to act in an entrepreneurial way. The effects of fiscal incentives on the performance of the start-up ecosystem are finally examined.
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