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Government Venture Capital Programs

2022· book-chapter· en· W4311886114 on OpenAlexaffabout
Douglas J. Cumming, Sofia Johan, Minjie Zhang

Bibliographic record

VenueOxford University Press eBooks · 2022
Typebook-chapter
Languageen
FieldBusiness, Management and Accounting
TopicPrivate Equity and Venture Capital
Canadian institutionsUniversity of Windsor
Fundersnot available
KeywordsVenture capitalSubsidySocial venture capitalGovernment (linguistics)BusinessFinanceCapital (architecture)Financial capitalEconomic growthEconomicsHuman capitalMarket economy

Abstract

fetched live from OpenAlex

Abstract Governmental bodies around the world are paying increasing attention to the subsidization of research and development through venture capital programs. In both the US and Canada, approximately 90% of all venture capital investments are in the technology sectors. The perceived importance of developing the knowledge-based high-tech sectors has led to a large number of government programs designated to subsidize through direct government venture capital funds and tax policies. This chapter presents evidence on how governments offer venture capital support programs in different countries with mixed performances. We further discuss evaluation tools for government venture capital and highlight several pitfalls that future studies of government venture capital should avoid and how future studies could provide more helpful and unbiased policy suggestions to the government.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.037
Threshold uncertainty score0.125

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0010.001
Scholarly communication0.0020.001
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0370.007

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.020
GPT teacher head0.176
Teacher spread0.155 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2022
Admission routes2
Has abstractyes

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