STATE-SPONSORED SEED VENTURE CAPITAL PROGRAMS: THE PENNSYLVANIA EXPERIENCE |
| |
| Authors: | Walter H Plosila David N Allen |
| |
| Institution: | WALTER H. PLOSILA is President of the Montgomery County High Technology Council, Inc., Maryland. Prior to this position he served as Deputy Secretary for the Pennsylvania Department of Commerce and Director of the Governor's Office of Policy Development.;DAVID N . ALLEN is an Assistant Professor of Public Administration at The Pennsylvania State University. He teaches courses in Economic Development and in Entrepreneurship. He is coauthor of Nurturing Advanced Technology Enterprises: Emerging Issues in State and Local Economic Development Policy;. |
| |
| Abstract: | The venture capital industry represents the high growth end of the enterprise development spectrum. To promote this high value activity, states have ventured into new development finance realms. This article reviews various state approaches and concentrates on a diversified strategy adopted by the Commonwealth of Pennsylvania. |
| |
| Keywords: | |
|
