{"id":111698,"date":"2024-01-22T17:19:03","date_gmt":"2024-01-22T16:19:03","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/111698\/"},"modified":"2024-11-07T03:58:28","modified_gmt":"2024-11-07T02:58:28","slug":"hemmnisse-fuer-die-finanzierung-von-fruehphasen-oder-venture-capital-fonds-in-oesterreich","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/111698\/","title":{"rendered":"Obstacles to Fundraising for Venture Capital Funds"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-111698","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Investment into Austrian venture capital funds lags behind comparable numbers at the European level. A survey among institutional investors revealed the major obstacles to fundraising in Austria: lacking information on expected yields and associated standard deviations, intransparency of funds, and institutional reasons, e.g., investment guidelines by supervisory authorities or missing legal basis for newly established funds.","onlinedate":"2008-06-11 02:00:00","lang":"German","publication_series":"","publication_date":"20080601","publication_date_year":"","publication_date_full":false,"publication_num_pages":"63","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":330425,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3500],"collaboration":"","persons":[14219,3899],"persons_data":"[{\"personId\":14219,\"personName\":\"J\u00fcrgen Marchart\",\"organisationNames\":[]},{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[10884,61507],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\">Marchart, J.<span>, &amp; Url, T.<\\\/span> (2008). <span><em>Hemmnisse f\u00fcr die Finanzierung von Fr\u00fchphasen- oder Venture-Capital-Fonds in \u00d6sterreich<\\\/em><\\\/span>. WIFO. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/32579\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/32579<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\">Marchart J<span>, Url T<\\\/span>. <span class=\\\"title\\\"><span>Hemmnisse f\u00fcr die Finanzierung von Fr\u00fchphasen- oder Venture-Capital-Fonds in \u00d6sterreich<\\\/span><\\\/span>. WIFO; 2008.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{26abc0033e2f4cd590524b3a6ee05da3,<\\\/div><div>  title    = \\\"Hemmnisse f{\\\\\\\"u}r die Finanzierung von Fr{\\\\\\\"u}hphasen- oder Venture-Capital-Fonds in {\\\\\\\"O}sterreich\\\",<\\\/div><div>  abstract = \\\"Der Aufbau von Wagniskapital bleibt in {\\\\\\\"O}sterreich deutlich hinter den europ{\\\\\\\"a}ischen Vergleichswerten zur{\\\\\\\"u}ck. In einer Umfrage unter institutionellen Investoren gaben die Befragten vor allem das Fehlen von Informationen {\\\\\\\"u}ber die zu erwartenden Ertr{\\\\\\\"a}ge bzw. deren Schwankungsintensit{\\\\\\\"a}t, mangelnde Transparenz des Fondsmanagements sowie institutionelle Gr{\\\\\\\"u}nde \u2013 etwa gesetzliche Investitionsvorgaben f{\\\\\\\"u}r institutionelle Investoren, Fehlen von {\\\\\\\"o}ffentliche Garantien f{\\\\\\\"u}r Beteiligungen an Wagniskapital und gesellschafts- bzw. steuerrechtliche Rahmenbedingungen \u2013 als Gr{\\\\\\\"u}nde daf{\\\\\\\"u}r an.\\\",<\\\/div><div>  keywords = \\\"Venture Capital Fonds Fr{\\\\\\\"u}hphasenfinanzierung, Venture Capital Fonds Fr{\\\\\\\"u}hphasenfinanzierung\\\",<\\\/div><div>  author   = \\\"J{\\\\\\\"u}rgen Marchart and Thomas Url\\\",<\\\/div><div>  year     = \\\"2008\\\",<\\\/div><div>  month    = jun,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_bookanthology rendering_ris rendering_bookanthology_ris\\\"><p>TY  - BOOK<\\\/p><p>T1  - Hemmnisse f\u00fcr die Finanzierung von Fr\u00fchphasen- oder Venture-Capital-Fonds in \u00d6sterreich<\\\/p><p>AU  - Marchart, J\u00fcrgen<\\\/p><p>AU  - Url, Thomas<\\\/p><p>PY  - 2008\\\/6<\\\/p><p>Y1  - 2008\\\/6<\\\/p><p>N2  - Der Aufbau von Wagniskapital bleibt in \u00d6sterreich deutlich hinter den europ\u00e4ischen Vergleichswerten zur\u00fcck. In einer Umfrage unter institutionellen Investoren gaben die Befragten vor allem das Fehlen von Informationen \u00fcber die zu erwartenden Ertr\u00e4ge bzw. deren Schwankungsintensit\u00e4t, mangelnde Transparenz des Fondsmanagements sowie institutionelle Gr\u00fcnde \u2013 etwa gesetzliche Investitionsvorgaben f\u00fcr institutionelle Investoren, Fehlen von \u00f6ffentliche Garantien f\u00fcr Beteiligungen an Wagniskapital und gesellschafts- bzw. steuerrechtliche Rahmenbedingungen \u2013 als Gr\u00fcnde daf\u00fcr an.<\\\/p><p>AB  - Der Aufbau von Wagniskapital bleibt in \u00d6sterreich deutlich hinter den europ\u00e4ischen Vergleichswerten zur\u00fcck. In einer Umfrage unter institutionellen Investoren gaben die Befragten vor allem das Fehlen von Informationen \u00fcber die zu erwartenden Ertr\u00e4ge bzw. deren Schwankungsintensit\u00e4t, mangelnde Transparenz des Fondsmanagements sowie institutionelle Gr\u00fcnde \u2013 etwa gesetzliche Investitionsvorgaben f\u00fcr institutionelle Investoren, Fehlen von \u00f6ffentliche Garantien f\u00fcr Beteiligungen an Wagniskapital und gesellschafts- bzw. steuerrechtliche Rahmenbedingungen \u2013 als Gr\u00fcnde daf\u00fcr an.<\\\/p><p>KW  - Venture Capital Fonds Fr\u00fchphasenfinanzierung<\\\/p><p>KW  - Venture Capital Fonds Fr\u00fchphasenfinanzierung<\\\/p><p>M3  - Studie<\\\/p><p>BT  - Hemmnisse f\u00fcr die Finanzierung von Fr\u00fchphasen- oder Venture-Capital-Fonds in \u00d6sterreich<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Glauninger Ursula\"]","scientific_review":"[\"Peneder Michael\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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