It was not that long ago that it might have been possible to cover the
topic of venture capital in one paper. Now, it is not possible to
provide comprehensive coverage in even one book. The industry has
flourished, as variations of he initial venture capital funds have been
developed and now operates in most developing and developed economies.
This is clearly reflected in this volume, which has a strong focus on
Europe and Asia. Each of the papers is a stand alone effort. However, a
full reading of the volume provides a panoramic picture of the global
extent of venture capital, some of its challenges, and the likely
direction of future efforts. Venture capital and the venture capitalist
have been shown to have a positive impact on performance in many cases.
This is clearly the reason why some many emerging economies want to
increase the level of venture capital investment in their country.