nach oben

Erschienen in:

2023 | OriginalPaper | Buchkapitel

3. Private Equity Investment in Fintech

verfasst von : Ruihui Xu, Dawei Zhao

Erschienen in: Digital Transformation of Private Equity in China

Verlag: Springer Nature Singapore

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

Fintech has empowered PE, and PE has accelerated fintech development.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Technology Innovation and Private Equity

Nächstes Kapitel Technology Applications in Private Equity Regulation

Venture Scanner focuses on collecting detailed data on the funding and exits of startups in the technology industry. The dataset covers startups founded since the 1980s, with the majority of fintech companies founded in 2014 and beyond.

https://www.lufax.com/.

https://www.meditrusthealth.com/.

https://www.xuncetech.com/.

https://www.xforceplus.com/.

https://www.wisecotech.com/.

https://www.cgtz.com/.

Amess K, Stiebale J, Wright M. The impact of private equity on firms' patenting activity. Eur Econ Rev. 2016;86:147–60. https://doi.org/10.1016/j.euroecorev.2015.08.013.CrossRef

Arqué-Castells P. How venture capitalists spur invention in Spain: evidence from patent trajectories. Res Policy. 2012;41(5):897–912. https://doi.org/10.1016/j.respol.2012.01.008.CrossRef

Bank of England. Embracing the promise of fintech, Quarterly Bulletin 2019; Q1. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q1/embracing-the-promise-of-fintech

Bertoni F, Croce A, D’Adda D. Venture capital investments and patenting activity of high-tech start-ups: a micro-econometric firm-level analysis. Ventur Cap. 2010;12(4):307–26. https://doi.org/10.1080/13691066.2010.486157.CrossRef

Black B, Gilson R. Does venture capital require an active stock market? J Appl Corp Financ. 1999;11:36–48. https://doi.org/10.1111/j.1745-6622.1999.tb00512.x.CrossRef

Buchak G, Matvos G, Piskorski T, Seru A. Fintech, regulatory arbitrage, and the rise of shadow banks. J Financ Econ. 2018;130(3):453–83. https://doi.org/10.1016/j.jfineco.2018.03.011.CrossRef

Chemmanur T, Loutskina E, Tian X. Venture capital, value creation, and innovation. Rev Financ Stud. 2014;27(8):2434–73. https://doi.org/10.1093/rfs/hhu033.CrossRef

Chemmanur TJ, Imerman MB, Rajaiya H, Yu Q. Recent developments in the fintech industry. J Financ Manage Markets Inst. 2020. https://doi.org/10.1142/S2282717X20400022.CrossRef

Chen YN, Yan XM. Technology subsidiary of China’s licensed financial institutions. 01ThinkTank 2021. https://new.qq.com/omn/20210422/20210422A0AFXD00.html (in Chinese)

Ernst H, Witt P, Brachtendorf G. Corporate venture capital as a strategy for external innovation: An exploratory empirical study. R&D Manage. 2005;35(3):233–42. https://doi.org/10.1111/j.1467-9310.2005.00386.x.CrossRef

European Central Bank. Survey on the access to finance of small and medium-sized enterprises in the Euro Area. 2013. Available at: www.ecb.europa.eu/stats/money/surveys/sme/html/index.en.html

Faria AP, Barbosa N. Does venture capital really foster innovation? Econ Lett. 2014;122(2):129–31. https://doi.org/10.1016/j.econlet.2013.11.014.CrossRef

Gompers P, Kaplan SN, Mukharlyamov V. What do private equity firms say they do? J Financ Econ. 2016;121(3):449–76. https://doi.org/10.1016/j.jfineco.2016.06.003.CrossRef

Haddad C, Hornuf L. The emergence of the global fintech market: economic and technological determinants. Small Bus Econ. 2019;53:81–105. https://doi.org/10.1007/s11187-018-9991-x.CrossRef

He D, Leckow RB, Haksar V, Griffoli TM, Jenkinson N, Kashima M, Khiaonarong T, Rochon C, Tourpe H. Fintech and financial services: Initial considerations. Staff Discussion Notes No. 17/05; 2017. Available at: https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2017/06/16/Fintech-and-Financial-Services-Initial-Considerations-44985

Keil T, Maula M, Schildt H, Zahra SA. The effect of governance mode and relatedness of external business development activities on innovative performance. Strategic Manage J 2008; 29(8): 895–907. https://doi.org/10.1002/smj.672

Kortum S, Lerner J. Assessing the contribution of venture capital to innovation. Rand J Econ. 2000;31(4):674–92. https://doi.org/10.2307/2696354.CrossRef

KPMG. The Pulse of Fintech 2018, 2019–2–13; 2018. https://home.kpmg/xx/en/home/industries/financial-services/pulse-of-fintech.html.

KPMG. The Pulse of Fintech H1 2020, 2020–9; 2020a. https://home.kpmg/xx/en/home/industries/financial-services/pulse-of-fintech.html.

KPMG. The Pulse of Fintech H2 2020, 2021–8; 2020b. https://kpmg.com/xx/en/home/campaigns/2021/08/pulse-of-fintech-h2-2020.html.

KPMG. The Pulse of Fintech H1 2023, 2023–7; 2023. https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2023/07/global-pulse-of-fintech-h123-report-web.pdf.

Large D, Muegge S. Venture capitalists’ non-financial value-added: An evaluation of the evidence and implications for research. Ventur Cap. 2008;10(1):21–53. https://doi.org/10.1080/13691060701605488.CrossRef

Lerner J, Sorensen M, Strömberg P. Private equity and long-run investment. The case of innovation. J Financ 2011; 66(2):445–77. https://doi.org/10.1111/j.1540-6261.2010.01639.x

Link AN, Ruhm CJ, Siegel DS. Private equity and the innovation strategies of entrepreneurial firms: Empirical evidence from the small business innovation research program. Manag Decis Econ. 2014;35(2):103–13. https://doi.org/10.1002/mde.v35.2.CrossRef

Maas C, Steinhagen P, Proksch D, Pinkwart A. The role of innovation in venture capital and private equity investments in different investment phases. Ventur Cap. 2020;22(1):105–26. https://doi.org/10.1080/13691066.2018.1526864.CrossRef

Popov A, Roosenboom P. Venture capital and patented innovation. Evidence from Europe. Econ Policy. 2012; 27(71):447–82. https://doi.org/10.1111/j.1468-0327.2012.00290.x

Rossi M, Festa G, Devalle A, Mueller J. When corporations get disruptive, the disruptive get corporate: Financing disruptive technologies through corporate venture capital. J Bus Res. 2020;118:378–88.CrossRef

Schindele A, Szczesny A. The impact of Basel II on the debt costs of German SMEs. J Bus Econ. 2016;86:197–227. https://doi.org/10.1007/s11573-015-0775-3.CrossRef

Schumacher B. A new development in private equity: The rise and progression of special purpose acquisition companies in Europe and Asia. Nw J Int’l L Bus. 2019;40:391.

Thakor AV. Fintech and banking: What do we know? J Financ Intermediation. 2020;41: 100833. https://doi.org/10.1016/j.jfi.2019.100833.CrossRef

Wright M, Hoskisson RE, Busenitz L. Firm rebirth. Buyouts as facilitators of strategic growth and entrepreneurship. Acad Manage Executive. 2001; 15(1):111–25. https://doi.org/10.1016/j.jfineco.2016.06.003

Xu Z, Xu RH. Chapter 7: regulating FinTech for sustainable development in China. In: Amstad M, Huang B, Morgan PJ, Shirai S, editors. FinTech in Asia: policies and practices. Tokyo, Japan: Asian Development Bank Institute Press; 2020.

Yang MH, Luo JY. Hong Kong stock exchange SPAC consulting review, Hong Kong, the United States, Singapore SPAC regulatory comparison, published in Ryan Capital WeChat Official Account, September 21, 2021. https://www.hkmipo.com/2021/09/21/9bde5d6a50/

Titel: Private Equity Investment in Fintech
verfasst von: Ruihui Xu
Dawei Zhao
Verlag: Springer Nature Singapore
Buch: Digital Transformation of Private Equity in China
Print ISBN: 978-981-9984-81-7

Electronic ISBN: 978-981-9984-82-4

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-981-99-8482-4_3