engleski

The Market for Venture Capital in Croatia

As a transition economy, Croatia faces a daunting economic struggle if it is to realize the hoped for advances which are expected to accrue from its admittance to the European Union within the next decade. Principle among these challenges is to find ways of expanding the rate of increase in its gross domestic product and still maintain the relative price stability it has enjoyed through most of the transition era. But in order to achieve these advances, most agree that an increase in domestic capital investment will be required and that in accomplishing this a fluid and efficient market for venture capital in the country must be developed. In the present study the market for venture capital in Croatia at the present time is analyzed through a series of interviews and calculations with respect to each of the suppliers of venture capital in the country. Conclusions are arrived at which seek to determine the relative balance between the supply and demand for venture capital. We then look to the reasons behind any imbalance which is found, seek to understand the likely consequences of this imbalance, and suggest means by which the imbalance might be redressed.

venture capital, market, Croatia

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