Venture Capital, the Regions and Public Policy: The United Kingdom Since the Post-2000 Technology Crash

Colin Mason (1) , Yannis Pierrakis (2)

1 Hunter Centre for Entrepreneurship
2 NESTA

The geography of venture capital in the UK has been shaped since 2000 by a significant increase in public sector venture capital funds. At the regional scale, several Northern regions now have more than their expected shares of venture capital investment. This reflects the role of the public sector which now dominates much of the investment activity in the Midlands and North. Moreover, deal sizes in these regions are small. Venture capital, measured by the total amount invested, remains over-concentrated in London and the South-East where private sector investors continue to dominate. The paper concludes by questioning whether this increased dependence of Northern regions on public sector venture capital matters.

Mots clés: Social Sciences & Humanities

Domaines: Science politique

Colin Mason, Yannis Pierrakis. Venture Capital, the Regions and Public Policy: The United Kingdom Since the Post-2000 Technology Crash. Regional Studies, 2011, pp.1. ⟨10.1080/00343404.2011.588203⟩. ⟨hal-00725358⟩