Abstract
Venture capital has played an important role in
the development of many sectors of different economies. It
is the key driver in innovation, new firm creation, rapid
growth of businesses, in promoting entrepreneurship,
enhancing competition and job creation. Currently,
venture capital industry of Pakistan is in its infancy and
facing issues such as risk adverse attitude of
entrepreneurs, family owned business mindset, and limited
support from the government and listing regulations for
SMEs. However, economic development in last 5-6 years
has been able to influence many sectors of Pakistan’s
economy. This is an ideal time for the venture capital
industry to take off, provided both government and
industry play their role and make efforts in the right
direction. The author has studied the local venture capital
industry, its issues, challenges, opportunities and
recommendations to realize the potential.
Mukesh Kumar, Faysal Abdullah. (2008) Challenges & Opportunities for Venture Capital Industry in Pakistan, Journal of Independent Studies and Research-Management, Social Sciences and Economics, Volume-06, Issue-1.
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