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研究生(外文):Meng-Chi Tang
論文名稱(外文):The Legal Environment, Venture Capital, and Total Factor Productivity Growth of Taiwan's Manufacturing Industry
指導教授(外文):Yih-Luan Chyi
外文關鍵詞:venture capitallegal environment indicatortotal factor productivity
  • 被引用被引用:0
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  • 收藏至我的研究室書目清單書目收藏:3
This thesis moves beyond the neoclassical growth model by proposing an endogenous mechanism for knowledge growth. We introduce a broader range of channels enhancing growth either by external diffusion of knowledge from technology advanced countries to late-comer countries or by experiential diffusion of knowledge brought about by the interaction between venture capitalists and start-up entrepreneurs. To avoid the endogenous problem between venture capital and knowledge growth, we construct the legal environment indicators of venture capital to serve as instrument variable, and provide the empirical results of the dynamic association between legal environment, venture capital, and total factor productivity growth in Taiwan.
I. Introduction

II. A Model of Knowledge growth
2.1 Internal Diffusion of knowledge: The Baseline
2.2 External diffusions of knowledge: Absorptive Capability and Technology Gap
2.3 Experiential Diffusion of knowledge: Venture Capital

III. The Legal Environment of Venture Capital
3.1 Venture Capital and the Laws
3.2 Methodology
3.3 The Legal Environment Indicators

IV. Empirical Results

V. Conclusions
Relevant Legal Rules
Data Sources
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