CREST 5: California Venture Capital Infrastructure Study

Author(s): Horvath, Michael T.K.

Release Date: April 8, 1999 | Last Updated Date: April 8, 1999

CREST 5: California Venture Capital Infrastructure Study

More Information About This Project

This paper, part of a series prepared for the California Report on the Environment for Science and Technology (CREST), examines the patterns of financing activity by venture capital firms located in California and the flow of venture capital dollars to investee companies located in California. The goal of the study is to assess the strengths and weaknesses of the venture capital industry in the state to meet the need for capital in the financing of innovation in California.

The first comprehensive assessment of the state’s science and technology indicators, CREST draws on extensive research and analysis and offers recommendations for how industry leaders, academic planners, and state policy makers can respond more effectively to a high-tech economy. CREST addresses the absence of a regularly executed strategic planning process for the California economy by providing essential information upon which strategic and tactical decisions can be based.