V2C activity on a local level: qualitative cases – Tampere and Silicon Valley

Hannu Jungman (eBRC, Tampere University of Technology, Finland. He is a project manager at eBRC and researcher at Tampere University of Technology (TUT). He is preparing a doctoral dissertation on new V2C operating modelshannu.jungman@tut.fi)
Marko Seppä (eBRC, Tampere University of Technology, Finland. He is director of eBRC, a virtual research centre and joint venture between TUT and University of Tampere (UTA) and one of the six sub‐programs of eTampere, a local pilot of eEuropemarko.seppa@tut.fi)

Qualitative Market Research

ISSN: 1352-2752

Publication date: 1 December 2004


The increased capital intensity of venture capital supply and the increased knowledge intensity of new venture supply have created a knowledge gap and recreated a capital gap between new venture activity and venture capital industry. This development has given rise to an all‐new breed of players. In this descriptive, qualitative study, V2C activity is explored in a local context through comparison of cases Tampere (Finland) and Silicon Valley (USA). In Silicon Valley, the dominant group of V2C players is business angels, whereas in Tampere, publicly funded incubators play the most visible role in new venture development. Nevertheless, in both areas, five different categories of V2C players are represented, and, in both, bridge the gaps to a significant extent.



Jungman, H. and Seppä, M. (2004), "V2C activity on a local level: qualitative cases – Tampere and Silicon Valley", Qualitative Market Research, Vol. 7 No. 4, pp. 265-273. https://doi.org/10.1108/13522750410557076

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