1 “... its current low level. Venture capital-backed firms and start-ups should play a key role...”

2 “... a key role. However, the venture capital market is still at an early stage of development. To make...”

3 “... by entrepreneurs who fail would be beneficial. A greater role for venture capital, in part by activating the M&A...”

4 “... and foreign workers. Policies to expand venture capital would help launch innovative firms. This Working Paper...”

5 “... productivity gains. Given market failures in indirect financing, developing capital markets, including venture...”