The Impact Of The Venture Capital (Vc)Industry On The Economy The Case Of Egypt
Yasmina El-Maghraby
The Impact Of The Venture Capital (Vc)Industry On The Economy The Case Of Egypt Yasmina El-Maghraby - 2018 - p. ill. 21 cm.
Supervisor: Ali Soliman
Thesis (M.A.)—Nile University, Egypt, 2018 .
"Includes bibliographical references"
Contents:
2.1. The Economic impact of PE/VC
2.1.1. The impact of PE/VC on the GDP
2.1.1.1. VC industry is a major driver of Entrepreneurship and Innovation 35
2.1.1.2. Improving the performance of portfolio companies ................. 38
2.1.1.3. Increasing the number of newly established firms
2.1.2. The impact of PE/VC on unemployment rate
2.1.2.1. Promoting the establishment of new companies
2.1.2.2. Supporting SMEs
2.1.3. The Impact of PE/VC on FDI
2.1.3.1. Impacting the factors driving FDI
2.1.3.2. Providing Certification Effect to SMEs
2.1.3.3. Promoting Best Practices of Corporate Governance
Value Creation in Portfolio Companies
Chapter 3: Research Methodology
Model Description
Data Collection
The Quantitative Component
The Qualitative Component
The Research limitations
Chapter 4: Empirical Results
Qualitative Results 4.1.1. VC Industry Analysis 4.1.2. Challenges
Legal and Regulatory Challenges
Environmental & Cultural Challenges
VC-Industry Specific Challenges
Portfolio Company-related Challenges
Economic Challenges
Challenges faced with LPs
Abstract:
This thesis examines the impact of developing the Venture Capital (VC) industry on the Egyptian economy using three main variables, the Value of GDP, the Unemployment rate, and the Value of FDI using a sample of eight out of eleven VC companies in Egypt. On one hand, the qualitative findings of this research provide strong evidence that the growth and development of the VC industry could boost the Egyptian GDP through promoting innovation, supporting SMEs, and investing in the main sectors constituting the Egyptian GDP. Our findings further show that the VC industry could reduce the unemployment rate through investing in start-ups and growth stages and attract FDI through attracting foreign LPs to their funds and foreign investors to their portfolio companies at exit. On the other hand, the statistical correlation in this research proved the existence of a strong, significant, and positive correlation between the VC Investment Value and each of the GDP value and the Unemployment rate. It further found a positive yet weak and insignificant correlation between the VC Investment Value and the Value of FDI. This research further provides an in-depth analysis of the main challenges hindering the development of the VC industry in Egypt, while shedding light on global best practices in the VC space to act as recommendations for overcoming those challenges. The survey shows that Legal and Regulatory as well as VC industry-specific categories are the two main sources of challenges for VC firms in Egypt.
Text in English, abstracts in English.
Banking & Finance
Dissertation, Academic
332
The Impact Of The Venture Capital (Vc)Industry On The Economy The Case Of Egypt Yasmina El-Maghraby - 2018 - p. ill. 21 cm.
Supervisor: Ali Soliman
Thesis (M.A.)—Nile University, Egypt, 2018 .
"Includes bibliographical references"
Contents:
2.1. The Economic impact of PE/VC
2.1.1. The impact of PE/VC on the GDP
2.1.1.1. VC industry is a major driver of Entrepreneurship and Innovation 35
2.1.1.2. Improving the performance of portfolio companies ................. 38
2.1.1.3. Increasing the number of newly established firms
2.1.2. The impact of PE/VC on unemployment rate
2.1.2.1. Promoting the establishment of new companies
2.1.2.2. Supporting SMEs
2.1.3. The Impact of PE/VC on FDI
2.1.3.1. Impacting the factors driving FDI
2.1.3.2. Providing Certification Effect to SMEs
2.1.3.3. Promoting Best Practices of Corporate Governance
Value Creation in Portfolio Companies
Chapter 3: Research Methodology
Model Description
Data Collection
The Quantitative Component
The Qualitative Component
The Research limitations
Chapter 4: Empirical Results
Qualitative Results 4.1.1. VC Industry Analysis 4.1.2. Challenges
Legal and Regulatory Challenges
Environmental & Cultural Challenges
VC-Industry Specific Challenges
Portfolio Company-related Challenges
Economic Challenges
Challenges faced with LPs
Abstract:
This thesis examines the impact of developing the Venture Capital (VC) industry on the Egyptian economy using three main variables, the Value of GDP, the Unemployment rate, and the Value of FDI using a sample of eight out of eleven VC companies in Egypt. On one hand, the qualitative findings of this research provide strong evidence that the growth and development of the VC industry could boost the Egyptian GDP through promoting innovation, supporting SMEs, and investing in the main sectors constituting the Egyptian GDP. Our findings further show that the VC industry could reduce the unemployment rate through investing in start-ups and growth stages and attract FDI through attracting foreign LPs to their funds and foreign investors to their portfolio companies at exit. On the other hand, the statistical correlation in this research proved the existence of a strong, significant, and positive correlation between the VC Investment Value and each of the GDP value and the Unemployment rate. It further found a positive yet weak and insignificant correlation between the VC Investment Value and the Value of FDI. This research further provides an in-depth analysis of the main challenges hindering the development of the VC industry in Egypt, while shedding light on global best practices in the VC space to act as recommendations for overcoming those challenges. The survey shows that Legal and Regulatory as well as VC industry-specific categories are the two main sources of challenges for VC firms in Egypt.
Text in English, abstracts in English.
Banking & Finance
Dissertation, Academic
332