Abstract

The objective of this paper is to survey and learn the significance level of the relationship between venture capital investments and macro economic variables. It is seen suitable to test the relationship between venture capital investment that is dependent variable and eight variables that are independent variables. It is used stepwise regression method in this analysis. According to the analysis the most successful model is seventh model. There are Gross Domestic Product, Stock Market Capitalization and Stock Market Total Value Traded variables in the final model. There are nine studies in the literary that mention about venture capital investment’ instruments, stages, decisions and fundings. Moreover authors are interested in countries’ circumstances.

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