Innovative and sustainable energy technologies: the role of venture capital
概述了瑞士圣加仑大学的一项多年研究项目，评估金融结构（尤其是风险资本）如何促进创新和可持续能源技术的发展，以及其与创业活动的关系。
Abstract This paper provides an overview of a multi‐year research project being conducted at the University of St. Gallen, Switzerland. The objective of the research is to evaluate the role of financial structure in promoting the development of innovative and sustainable energy technologies and its current relationship to innovation and entrepreneurial activity in this important economic sector. In this paper, emphasis is placed on the venture capital segment of the capital market and the electricity segment of the energy industry. We first provide a short overview of the electricity sector. We then briefly discuss the concept of innovation and entrepreneurship and its relationship to our research effort. Finally, the bulk of the paper outlines the conceptual framework for the venture capital element of the research project. We conclude the paper with a summary of our preliminary observations. Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment.