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Venture Capi Tal
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Small and Medium-sized Enterprises: Local Strength, Global ...
www.oecd.orgthree-quarters of total venture capi-tal investment in the United States and Canada finances the early stages and expansion of firms, as compared to less than half in Europe. About 80% of US venture capital is invested in high-technology sectors. This is in contrast to Europe and Japan, where start-ups typically depend on debt financing.